MRM Group provides insurance professionals with a highly effective and experienced risk management resource to effectively manage product recalls — the Recall Advantage Insurance Program. Coverage is designed for food and beverage processors, as well as manufacturers of consumer and industrial products and components.
We provide advantages throughout the entire recall process to insureds and the insured’s 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.
We Can Help Your Clients Expand Their Customer Base
This is such a unique and comprehensive package of services, that we have heard from insurance brokers 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 themselves, 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.
We look forward to better protecting your products.
Be sure to ask a Product Recall representative why a formal recall is not even necessary to trigger our coverage.