Industries With The Most Product Defect Claims

Millions of products are created and sold daily all over the world. Every product business has a duty to provide the best product they can while ensuring it is safe for the intended customers. There is always a chance a product may not be as safe as a company may believe. Products could cause [...]

Reasons Businesses Need Product Recall Insurance

Most product companies always keep consumer safety as the number one priority when releasing products. Products include food, medicine, toys, clothes, jewellery, etc. Basically, anything tangible is a product manufactured by a business for a purpose. Businesses invest a large amount into each product, from design to manufacturing to distribution. But what if the [...]

Manufacturing Defects : How to Deal with Them Now?

Each company involved in designing, manufacturing, or selling products have their own product risks. A product could harm or cause property damage to customers, which will result in lawsuits. Products cause injuries due to either design or manufacturing defects. Often, manufacturing defects are why products must be recalled, and companies must pay hefty compensation. [...]

2024-02-08T14:53:29+08:00February 21st, 2023|Categories: Business Insurance|Tags: , |

Common Food Product Claims in the F&B Industry

The food and beverage industry is one of the most dynamic industries worldwide. The industry includes restaurants, cafés, fast-food joints, pubs, food manufacturers, catering businesses, food transportation services, and more. It's one of the most exciting industries where the flavours are never-ending. The biggest concern every F&B business owner must be prepared for is [...]

2024-03-22T16:24:42+08:00August 31st, 2022|Categories: Business Insurance|Tags: , |

Product Liability Insurance – The Best Insurance For Your Product

e Product liability insurance is known as the must-have insurance for any product in any industry. New products are entering the market daily. Many products succeed and make an impact; the public forgets some that fail. We all depend on various products, from the food we eat to the phone we use. Each product [...]

2023-03-13T13:36:11+08:00September 23rd, 2021|Categories: Business Insurance|Tags: , , , |
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