Different industries have different environmental exposures and risks. Some business operations have heightened environmental exposures from their air emissions, oil or chemical spills, waste management or water discharge from cleaning or cooling operations.
Product recalls present real threats to retailers and manufacturers: loss of sales, customer confidence, hard-won retail shelf space, and supply contracts. Skillful handling of a recall can minimize damage demonstrating reliability and professionalism to wholesale and retail connections.
“Every company, when entering the risk transfer process, must consider primarily the financial stability, experience and global reach of its reinsurer. This in order that the insured can have an adequate insurance program for the type of exposure of their operations, accompany the insured as he expands borders outside his territory and finally that the insured can have the financial support to attend to the appropriate contingents that arise. At Casualty we have a range of specialized products, which are designed according to the needs of the insured”