A product defect can happen to any company. It’s not so much the defective product that remains in the public memory, but how the organization responds to the crisis.

 

Product recall expenses can be considerable and may include the costs of removing the product from the market place, repairing or possibly replacing shelf stock, loss of sales and profits, as well as the very real costs of a damaged business reputation. Large companies might have the reserves to ride out a crisis, but for small-to-medium businesses, a product
recall might just push them to the brink of closure. Yet, a fast and definitive response by the company can limit damages and help stop them from spiraling out of control.

 

Scope of coverage

 

Coverage includes recall logistic expenses, consultant costs, defense costs, and compensatory damages for covered events for a wide variety of consumer and industrial products.

The coverage is extended, but it is limited to:

 

  • First-party recall expenses
  • Third-party recall liability

Resources and documents

 

Learn more about this product, Click on each of the documents for more information.

 

Brochure

Slip

Endorsements

What sets us apart

 

US$15 million capacity per risk that combined with underwriters’ flexibility and autonomy, allow us to respond as fast as possible. Our ability to react quickly and thoroughly are values that show our commitment towards our clients. In addition, we offer:

 

  • A tailored made product designed to the specific insured’s needs
  • We provide solutions for both large and medium-sized corporations as distribution and service companies
  • Quick quote, without long questionnaires or questions you cannot answer

Douglas Sakamoto
Senior Underwriter
+55 (11) 2663 4611

Douglas.Sakamoto@LibertyMutual.com

 

Douglas Sakamoto
Senior Underwriter
+55 (11) 2663 4611

Douglas.Sakamoto@LibertyMutual.com

 

What sets us apart

 

US$15 million capacity per risk that combined with underwriters’ flexibility and autonomy, allow us to respond as fast as possible. Our ability to react quickly and thoroughly are values that show our commitment towards our clients. In addition, we offer:

 

  • A tailored made product designed to the specific insured’s needs
  • We provide solutions for both large and medium-sized corporations as distribution and service companies
  • Quick quote, without long questionnaires or questions you cannot answer

Latest News

 

Check out our News section where you can find our news blog and also global information about the insurance industry and other interesting topics
related to Liberty Specialty Markets Latin America.

Why to choose
Liberty Specialty Markets Latin America

We offer a wide range of products designed to meet the needs of your business – regardless of size or industry.

We have underwriters and specialists with full authority in specialized products, which guarantee you fast responses. We have the training, technology, and resources to get you the best possible outcome.

With expertise all over the region, from risk control to underwriting to claims, our team of professionals will find the right solution for your unique business.

The strong financial support and more than 100 years of experience of Liberty Mutual Insurance Group.