For more than 25 years, MRM Group provides insurance professionals with a highly effective and experienced risk management resource to effectively manage product recalls. Coverage is designed for food and beverage processors, as well as manufacturers of consumer and industrial products and components, and component auto parts.
We provide advantages throughout the entire recall process to insureds and the insureds’ customers. Notably, we don’t just cover our customers’ risk, we work to ensure that our insureds can protect and rebuild their customer relationships and THEIR customers’ standing in the wholesale and retail markets following a recall. With policy features that include Lloyd’s of London backing and best-in-class crisis management support from RQA Group, our coverage is tailored to help mitigate the risks associated with a recall event.
We Can Help Your Clients Expand Their Customer Base
This is such a unique and comprehensive package of services, that insurance brokers tell us that their insureds have often used it as a sales tool when they call on their wholesale or retail customers because it not only covers them, but their customers as well.
In today’s economic and highly litigious climate, this extended protection can be used to help customers build sales and add to their own customer base.
Be sure to ask an MRM Group representative why a formal recall is not even necessary to trigger our coverage.
We look forward to better protecting your products.
