Product Recall

Novus’ Product Liability team assists our agencies in placing product recall submissions for clients throughout the Country and World (through our London arm). We have several markets to easily place this coverage. To obtain a quote, please log into the underwriting platform and upload a full submissions and one of our in-house underwriters will facilitate the quoting process.

Register Here To Become Appointed Wholesale Broker Access

Consumer Goods:

  • Consumer Goods
  • Appliances
  • Clothing
  • Electronics
  • Furniture
  • Games/Toys
  • Glass Wares
  • Sporting Goods
  • Tools/Machinery
  • 400+ Others Classes

Component Parts Goods:

  • Auto/Aircraft Critical and Non-Critical Parts
  • Electric and Electronic Parts
  • Machinery Parts
  • Medical Parts
  • Surgical Parts
  • Metal Parts
  • Plastic Parts
  • Hundreds of Others Classes

Consumable Parts Goods:

  • Bakery
  • Beverages
  • Cosmetics
  • Dairy
  • Fruit
  • Fish/Seafood
  • Meat/Poultry
  • Nuts/Snacks
  • Pharma/RX
  • Soups/Sauces
  • Vegetables
  • Medicine
  • Hundreds of Others Classes

Available Coverages:

  • First & Third Party Recall Costs
  • Replacement Costs and Consultant Costs
  • Loss of Gross Profit
  • Extra Expense, Rehabilitation Expenses or Consequential Loss (Third Party)
  • Others Coverages Available

Geographical Area: Nationwide

Submission Requirements: Product Recall Application; Website or Brochure; Copy of Product Recall Plan, Quality Control Plan and Sample Supplier Contact, Loss Runs.

Placement Process: For Larger Firms, we will look to place a primary layer policy on a quota share basis and then look for excess layers to the request top limit needed.

Limits: $1,000,000,000 available

Minimum Premium: $500+

Minimum Deductible: $1,000 +

Submission Process: Via online quoting platform or submissions@novusunderwriters.com

London Submissions: To access the International London market for larger submissions and on a quota share basis, please submit to london@novusunderwriters.com