White Paper / Risk Management
Don’t Wait for a Recall to Learn Your Standard Insurance Policy Won’t Cover It
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Recalls are on the rise, yet approximately half of companies in key consumer industry segments lack proper risk management. Without it, a recall can push a successful company into a downward spiral that may be impossible to reverse. The price of reputational harm is even higher, with companies struggling to restore their brand images after losing their customers’ trust. Many companies assume that their property and casualty (P&C) policy covers a recall. It doesn’t, and the increasing likelihood of a recall is a wake-up call.

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