Allianz Global Corporate & Specialty (AGCS) Appoints Stewart Eaton to Head of Product Recall

“We continue to expand our coverage and expertise to provide comprehensive product recall protection. Stewart, with his extensive experience in Product Recall and Contaminated Products Insurance will further enhance our underwriting and servicing capabilities,” Said Tim Galloway, AGCS Regional Head of Liability.

“Stewart is one of the few specialists in the product recall market. Having someone with his level of experience and expertise, to both manage and grow the book is an exciting prospect,” said Christof Bentele, AGCS Head of Global Crisis Management. “Product Recall is a huge area and Stewart and his team will focus on a range of recall risks across industries including food and drink, automotive, pharmaceutical and consumer durables. Clients will benefit from a market leading capacity, a 24/7 response consultancy service provided by our strategic partner red24 and the reassurance that comes with having a product that provides real balance sheet protection as well as brand reputation cover, should the worst happen.”

AGCS’ Product Recall Insurance provides cover for recall costs, loss of profit, and rehabilitation costs following a product recall due to the potential of bodily injury or property damage. Product recall policies have the option to include broad third party coverage for those liabilities a company might have to its customers, including customer loss of profit. Click here for more information on AGCS Product Recall Insurance.