Lockton’s dedicated team of experts have more than half a century of experience in insurance placement for product recall, contaminated products (CPI), trade name restoration, and reputational risk protection. Using in-depth experience and global market reach, we’ll create a bespoke solution that helps you reduce both the chance of a recall event occurring, and the impact it has on your reputation and balance sheet.

— PRODUCTS AND SERVICES

Product Recall and Reputational Risk

Get in touch (opens a new window)

Protecting your business and reputation with reliable risk solutions

Amid increasing regulatory scrutiny, complex supply chains and constantly evolving technology, the risk of product recall is at an all-time high.

Lockton’s dedicated team of experts have more than half a century of experience in insurance placement for product recall, contaminated products (CPI), trade name restoration, and reputational risk protection. Using in-depth experience and global market reach, we’ll create a bespoke solution that helps you reduce both the chance of a recall event occurring, and the impact it has on your reputation and balance sheet.

Uniquely, our team is both client and market facing, allowing us to access the best value products on the market for our clients, and ensuring your programme is fit for purpose. We currently place around 250 policies into the global recall market, enabling payment of over $100m of claims in the last few years.

Utilising direct market access and long-standing insurer relationships, we’ll advocate tirelessly on your behalf to secure you the best possible deal on your cover, and in the eventuality of a claim.

What we bring to your business

Dedicated account management team - The same experienced team you meet at the beginning will be there to guide you throughout

Data-led approach - Harnessing industry trends and benchmarking analytics, we will help you pre-empt sector-specific risks and evaluate your limit adequacy

Unparalleled industry expertise - Many of our product recall and claims specialists are recognised authorities in their field, and are regularly asked to contribute their knowledge in the media

Cutting-edge solutions - Product recall is a complex and dynamic line of insurance that requires deep expertise. Lockton’s experts keep up to speed on the latest technology and regulatory changes in your field, helping you stay ahead of the curve

Global capabilities - Supported by our international network of over 100 partners and subsidiaries, we provide highly-localised knowledge for any given region, so you can perfect your global risk strategy

Who we work with

We have developed specific insurance products to meet the needs of our clients across a range of industries, including:

  • Food and beverage processors, suppliers, and pet food companies

  • Pharmaceutical, cosmetic and nutraceutical manufacturers

  • Packaging providers and co-packing services

  • Food service and restaurant businesses

  • Industrial component suppliers to the automotive industry

  • Consumer product manufacturers and distributors

International Product Recall Capabilities

Find out more about our capabilities and existing client base in the following document.

Learn more
PDF392 KB

Looking for Specialty solutions?

Lockton Specialty London is a globally connected team of insurance experts extensively covering a diverse range of product lines and industry sectors. We provide flexible, bespoke solutions tailored to the needs of your client.

Specialty page

Lockton Denmark Contacts

Placeholder image

Jonas Stenderup-Larsen

Head of Liability - Senior Vice President
jonas.stenderupLarsen@lockton.com
+45 2999 9676

General Inquiries

Get in touch

info@dk.lockton.com

News and Insights

Microsoft/CrowdStrike IT OutageMicrosoft/CrowdStrike IT Outage

Microsoft/CrowdStrike IT Outage

article
By now the world is aware of the widespread impact of the Microsoft/Crowdstrike technology failure. While this has not been categorized as a malicious event, the operational impact may be covered by the dependent or contingent business interruption coverage fo ...
Read moreMicrosoft/CrowdStrike IT Outage

Private ownership model and industry-leading talent deliver double-digit organic growth

Private ownership, long-term strategy drives double-digit growth for LocktonPrivate ownership, long-term strategy drives double-digit growth for Lockton

Inside Risk: Mitigating the risk of hot works

Hot works continue to be one of the main causes of substantial fire loss in commercial premises, resulting in property damage, business interruption, and potential loss of customers. It can ignite combustible materials nearby and potentially more distant from the work area during or after the hot work activities. Hot works continue to be one of the main causes of substantial fire loss in commercial premises, resulting in property damage, business interruption, and potential loss of customers. It can ignite combustible materials nearby and potentially more distant from the work area during or after the hot work activities.

The benefits of separating fine art and specie from property cover

Fine art and specie, particularly when they are of high value, tend not to be appropriately insured when included in property cover as they often require more specialised attention. Understanding the different treatment fine art and specie require in the underwriting process is crucial to restore the value of these assets following a loss event. Fine art and specie, particularly when they are of high value, tend not to be appropriately insured when included in property cover as they often require more specialised attention. Understanding the different treatment fine art and specie require in the underwriting process is crucial to restore the value of these assets following a loss event.
See all news and insights

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

Talk to our team