Food Product Recall? Take a Hard Look at your Product Recall Insurance

Does your food processing business have the right food product recall insurance in place? Food borne illness claims right after a food product recall are among the greatest financial risks facing the food industry. Having the right insurance plan in place will help protect your food processing business. Most food processors are already aware of […]

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Food Product Recall Risk Transference

Quick Quiz: What do baby spinach, raw cashew pieces, barbecue sauce, fish batter mix, marzipan, ice cream, packaged salads, dried kiwi and mango and gourmet bread pudding have in common? These products, and more importantly the businesses which manufacture and distribute them, have all experienced market recalls since January 1.  We are only 75 days […]

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Risk Management for Nanotechnology and Food Recalls

Insurance carriers can help assess and transfer the growing risks from food recalls and nanotechnology. While food recalls can result from fears of bacterial contamination, they can also result from labeling mix-ups and undeclared contents. Earlier this year Ben & Jerry’s Ice Cream recalled products due to undeclared peanuts, Whole Foods Markets recalled cold pressed […]

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Food Recalls and Nanotechnology – Kevin McPoyle’s Article in The Insurance Journal

Food Recalls

In the June 20 issue of Insurance Journal Risks Ahead: Food Recalls and Nanotechnology KMRD Partners President Kevin McPoyle considers risks from food recalls and nanotechnology to food insureds. As noted by Kevin, “With litigation and recalls now commonplace, it is critical for food insureds to think through and plan for the “when” as opposed to […]

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Risks Ahead: Food Recalls and Nanotechnology

Kevin McPoyle Insurance Journal

Quick Quiz: What do baby spinach, raw cashew pieces, barbecue sauce, fish batter mix, marzipan, ice cream, packaged salads, dried kiwi and gourmet bread pudding all have in common? These products, and more importantly the businesses which manufacture and distribute them, have all experienced market recalls since January 1. By mid-March there had already been […]

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Kevin McPoyle, CIC, RPLU, CPLP

Prior to KMRD, Kevin spent eleven years with a top 50 Property and Casualty insurance consulting and brokerage firm, establishing a portfolio of clients in diverse industries with a worldwide footprint. Following a successful military career as a former attack helicopter pilot, Kevin worked for Air Products where he developed the plan and processes to […]

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Risk Management Template Sample RFP – KMRD

This Risk Management Template Sample RFP includes: Coverage / Policies: Property Boiler & Machinery General Liability Auto Workers Compensation Pollution Legal Liability Products Recall Director’s & Officers Liability Employment Practices Liability Fiduciary Liability Commercial Crime Loss Overview: General Liability Claims Frequency and Average Losses – Commercial Property Claims Frequency and Average Losses – Commercial Auto Claims […]

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Featured Articles

Featured Articles Electric Vehicle Insurable Risk Explained Bob Dietzel discusses the new insurance risks arising with Electric Vehicles when it comes to the different charging stations and battery storage. June 2024 Employee Benefits are Evolving for Remote Workers Tina Van Buren discusses how HR professionals are reevaluating benefits packages for the new norm of Working […]

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