Food contamination, whether accidental or malicious, can have a devastating effect on a company’s reputation
and bottom line. Totten Group can provide several coverage solutions designed to protect your insured’s interests.
We look to offer protection to companies throughout the entire food commerce chain including processors, distributors
and retailers.
Our market, AIG WorldSource, has an agreement with highly respected NSF-Cook & Thurber to work with clients to both
mitigate and respond preemptively to food contamination and tampering incidents or threats.
Incidents of Accidental Contamination and Malicious Product
Tampering are becoming more prevalent in the food industry.
Companies are learning that it is no longer an issue of
if they will run into a food related problem, but when!
Product Highlights
Coverage Includes:
- Recall costs
- Business Interruption (lost net profit or lost gross profit available)
- Rehabilitation costs, sub-limit applicable
- Consultation costs
- Highly professional Claims service
Underwriting Considerations
- Revenue of the Insured
- Quality Management Systems
- Packaging
- Product Type
- Crisis Management/Recall Plans
- Geographic Markets