Fewer suppliers and complex supply chains impacted by the COVID-19 pandemic are increasing product recall risk for food and agriculture businesses. Download Food Safety Risk in a Near-Term Post-Pandemic World to identify the latest risk transfer strategies in the insurance market to successfully mitigate exposure.

Through CORE360®, our unique, comprehensive approach of evaluating your risk management program, we leverage analytical tools and diverse resources for customized, maximum impact on six cost drivers of your total cost of risk, including Uninsured and Uninsurable Losses.

$10 million average direct cost of food recall and 58% of companies impacted by food recalls
Source: https://www.food-safety.com/articles/6944-the-impact-of-covid-19-on-food-safety-risks-and-recalls

Disclaimer

The information contained herein is offered as insurance Industry guidance and provided as an overview of current market risks and available coverages and is intended for discussion purposes only. This publication is not intended to offer legal advice or client-specific risk management advice. Any description of insurance coverages is not meant to interpret specific coverages that your company may already have in place or that may be generally available. General insurance descriptions contained herein do not include complete Insurance policy definitions, terms, and/or conditions, and should not be relied on for coverage interpretation. Actual insurance policies must always be consulted for full coverage details and analysis.

Insurance brokerage and related services to be provided by Arthur J. Gallagher Risk Management Services, Inc. (License No. 0D69293) and/or its affiliate Arthur J. Gallagher & Co. Insurance Brokers of California, Inc. (License No. 0726293)