From product recalls and equipment breakdown to third-party liability, a business operating in today’s global supply chain faces many challenges. AIG will help you understand your potential risk exposure and customize a coverage solution to protect your customers, your supply chain, and your bottom line.
AIG’s broad product and completed operations liability coverage is available on a primary and excess basis, including discontinued product liability and incurred but not reported (IBNR) coverage. Exceptional flexibility allows for highly customized protection for virtually any product-related risk.
In the event of a product contamination or recall, AIG’s CPI provides comprehensive coverage for key exposure areas, as well as the expertise of independent consultants for guidance immediately after the notice of a loss.
A recall of finished or component goods can be complicated and costly. RecallResponse provides specialized coverage for a diversity of product recall expenses, as well as liability to third parties.
AIG enables businesses to gain insight into managing areas of risk along the product chain – while reducing gaps in coverage and helping to protect against costly recalls.