Food for Thought—Managing the Risks of Product Liability and Recalls
From recalls of foreign-manufactured products to product liability claims alleging contamination of food and toys, allegations that products might pose dangers to consumers affect an ever-expanding list of companies. Virtually every economic sector of the global supply chain must consider whether they are protected. With product recall and food-contamination outbreak case studies, discover how you can best prepare for and respond to product liability claims and recalls. From both the insurer and policyholder perspective, discuss implementing effective risk management practices, available types of insurance products, creating and putting into practice a first-response plan and anticipating and handling litigation and negotiation challenges to maximize insurance recoveries