BluNiche, a London-based managing general agent (MGA) that specializes in product recall insurance, announced the launch of BluNiche UK to target small and medium sized businesses across the UK. BluNiche UK is led by Ed Mitchell, head of UK, who …
Tyson Foods Inc., the largest US meat producer, is recalling almost 30,000 pounds (13 metric tons) of chicken nugget products aimed at children due to possible contamination with metal pieces. Plastic bags of fully cooked “Fun Nuggets” that may be …
NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the launch of its third MGA, product recall insurance specialist BluNiche. BluNiche was founded by product recall insurance veteran Neil Evans, who was …
Hartford Names Burns as Head of Marketing and Comms, Succeeding Bromage The Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Burns will report directly to Chairman and CEO Christopher Swift. She succeeds Kathleen Bromage, who …
Fidelis Insurance, the Bermuda-headquartered re/insurer, announced it has taken an equity stake in a new managing general agent (MGA) Perigon Product Recall Ltd., and will be providing underwriting capacity. Perigon’s focus will be product recall and product contamination coverage for …
CFC Underwriting, the London-based specialist managing general agent, announced it has upgraded its product recall suite of coverages. The new extensions include regulatory advisory coverage which addresses the emerging need for coverage in the recall market for outbreaks and public …
Allianz Global Corporate & Specialty (AGCS), Allianz’ specialist corporate insurer, launched Automotive Component Parts Product Recall cover for the UK market, which enables customers to mitigate the risk of expenses linked to a recall. These expenses can range from the …
Allied World Assurance Company Holdings, AG has added product recall insurance products for the U.S. and Canada through its Global Crisis Management Division. The product recall insurance offers both first party and third party coverage and it allows clients to …
ACE Group has launched a series of policy enhancements to its ACE Recall Plus and ACE Recall Plus for Small Business coverage. The new policy terms include: Coverage for voluntary, involuntary, and mandatory stock recoveries, market withdrawals, and/or recalls Limits …
Specialist insurer Hiscox has established a new product recall team within its London Market business with four new hires. Heading up the team is David Burke, who comes to Hiscox from Catlin after almost 30 years in the insurance industry …
