White Paper

Mitigating Food Recall Risks

Food recalls in the U.S. have increased 10% over the past five years, with the average food and beverage recall claim coming in at nearly $9.2 million in damages. Today, knowing how to mitigate food recall risks is critical for businesses that manufacture, grow, and distribute food products.

White Paper Summary

A guide for Brokers Serving Food-Related Businesses. Inside this white paper, learn how to reduce your clients’ exposure to a food-related recall.

This white paper looks at the top food recalls, the impact on food-related businesses, compliance challenges, and insurance coverage solutions that can help your clients lessen the financial and reputational impact of a recall event.

To learn more about Worldwide Facilities, LLC, please visit their website.

Established in 1970, Worldwide Facilities is a national wholesale insurance broker, managing general agent and program underwriter. Our team of insurance specialists has access to virtually every specialty domestic and international insurance market.

More from Risk & Insurance

More from Risk & Insurance

Risk Matrix: Presented by Liberty Mutual Insurance

9 Trends that Are Driving Rate Increases

The market was optimistically cautious entering 2020, but thanks to COVID-19, growing liability challenges and other risk factors, we’re seeing more hardening.
By: | September 1, 2020

The R&I Editorial Team can be reached at [email protected]