Fluid Process & Power

• Recall expenses for
  • PR and communication costs
  • Transportation costs
  • Wages
  • Hire of additional staff
  • Hire of extra warehousing space
  • Disposal costs
• Underwriters recognised in the industry for their knowledge and expertise
• Direct access to local underwriters who have high levels of authority
• Individually underwritten by our expert underwriters to ensure the needs of the business are catered for

In addition to property, business interruption, employers liability and public liability cover we automatically include many industry specific covers, such as:

• Involuntary betterment
• Exhibition property
• Environmental liability
• Metal workers extension
• Corporate manslaughter defence costs

• Goods being worked upon
• Full theft
• Premises pollution liability
• Financial loss
• Breakdown
• Erection all risks
• Network and data security
• Marine cargo
• Personal injury and business travel

It is relatively easy to imagine examples of dangerous consumer products, which would necessitate a recall for example food products, toys, cars etc. And, in fact, most countries will have a central register of such recalls backed up by legislation. Not so commercial products.

However, recalls are sometimes necessary in the commercial arena:

• A manufacturer of electrical cable had to recall more than 10 million metres of electrical cable after it was discovered that a manufacturing fault had resulted in the cables overheating with a potential for fire or electrocution
• A manufacturer of turbines went into administration after a systemic fault was discovered with the gearbox assembly. An uncontained failure could have resulted in damage or injury
• A manufacturer of cylinders used for containing highly flammable/explosive liquids had to recall a large number of cylinders due to a manufacturing fault which could have resulted in explosion

• Business Travel
• Group Personal Accident