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The average car has around 5,000 components.
A fault in just one of them can be enough to demand the recall of
a whole shipment. For the manufacturer, that means lost time and
considerable expense.
Marketform has an unmatched commitment
to providing innovative and comprehensive product guarantee and
recall cover, so that whatever happens to your products, you can
take the necessary steps quickly, safely and in the knowledge there
are no gaps in your cover.
We understand the manufacturing process
and the rapidly-changing demands of Product Safety legislation,
and our industry expertise means we can even offer complementary
professional indemnity cover.
We work with numerous clients within
the manufacturing industries including automotive, component, construction
materials.
About our policies
We can offer up to £6,000,000 or US$10,000,000 (or currency
equivalent) against the cost of removing products known, or suspected,
to be hazardous from the marketplace, as well as the cost of replacing
or making good the defective product.
Professional indemnity policies are
also available for product manufacturers and suppliers, tailored
to cover the financial loss exposures resulting from:
design,
formulation or specification of a product
the advice
and design services provided in connection with the supply of a
product
the insured party's business
for advice carried out for a fee
Click on the following to download the relevant proposal form.
Design and construction
Design
consultants
Medical
and health professional indemnity
Miscellaneous
professional indemnity
Product
guarantee and recall
Public and products liability
Click here to
send us an email
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