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 Brand Damage

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Protecting your consumer goods business 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. We currently place around 150 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.

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 advanced technology, we will help you pre-empt sector-specific risks and prepare for complex claims process

Unparalleled industry expertise - Many of our product recall 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 and nutraceutical manufacturers

  • Packaging providers

  • Food service and restaurant businesses

  • Industrial component suppliers to the automotive industry

  • Consumer product manufacturers and distributors

Our team

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Ian Harrison

Partner, Global Head of Product Recall Practice Group
ian.harrison@lockton.com

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Matt Humphries

Head of Crisis Management
matthew.humphries@lockton.com

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Freddie Schlesinger

Vice President Product Recall & Brand Damage
freddie.schlesinger@lockton.com

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Freddie Statham

Product Recall & Brand Damage Broker
freddie.statham@lockton.com

Safeguarding your balance sheet, and your reputation

Discover how we can help you pre-empt exposures, and protect your business with bespoke risk and insurance solutions.

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