ALWAYS PAY ATTENTION TO quality

Product recalls are not unusual. Whether they affect technical devices, household appliances or machinery – they occur in every industry. The demands for transparency placed on industry have definitely increased over the past few years. We develop comprehensive insurance solutions for manufacturing companies and work together with manufacturers to take prompt precautions to keep the costs of production losses, recalls, etc. as low as possible.

In the first step we analyse the company’s liability risk. In addition, contracts with buyers and suppliers and the explanation of the statutory liability requirements are checked; then individual insurance protection is developed to minimise liability risks. In addition to the insurance policies that cover the arising damages and costs, the drafting of individual recall plans has also proved useful.

Klaus-Dieter Zühr: “The tightening of liability through legislation and case law forces manufacturers and importers not only to ensure better quality, but also to engage in permanent risk provisioning. We assist in this process by uncovering weaknesses in the small print of the insurance conditions or of the supply and purchase contracts.”