June 2016
In the past decade, the number of product recalls among food and non-food manufacturers has increased significantly. Advisen wrote a white paper that discusses the economic impacts of product recalls and the importance of having recall insurance. Sponsored by Allied World, the free, 5-page paper presents a number of case studies illustrating how product recalls can affect the financial health of businesses.
Minimizing the Impact of a Product Recall
Between 2010 and 2011, an applesauce manufacturer lost $21 million in direct costs associated with a product recall and the subsequent interruption of its business.
Read more and download the white paper at http://www.advisenltd.com/2016/05/26/product-recalls-impact-on-business-financial-health/
Advisen Ltd. 