Talbot Underwriting Ltd retain RQA Group as global product recall consultants
- June 8, 2016
- Posted by: admin
- Category: RQA News
Talbot Underwriting and RQA Group are excited to announce that they have entered into an agreement which means that Talbot’s product recall insurance policy holders will now be able to benefit from RQA’s Global Product Recall consultancy support. Vince Shiers, Managing Director, RQA Group said “I am very pleased to have finalized this agreement with Talbot to provide product recall consultancy to their clients. With our global reach and extensive experience in recall, and Talbot’s highly respected product recall underwriting and claims team it is a natural fit.” With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot Underwriting draws on their deep industry expertise to develop tailored insurance solutions that address their clients’ evolving and often unique needs. Neil Evans, Senior Class Underwriter, Talbot Underwriting Ltd, said about the announcement “It is great to have RQA on board as our recall consultant, they will really add value to our product recall policy and, through the pre-incident funding, help us to improve our clients’ risk.”
RQA will be providing pre-incident expert crisis consultancy support to Talbot’s clients and also 24/7 product recall incident support during an event. The scope of pre-incident services is very broad and could include assistance with development of product recall plans, recall training and simulated exercises as well as a range of food safety and consumer product safety services designed to reduce risk. In the case of a live incident, Talbot’s clients can call RQA’s Talbot-dedicated 24/7 incident response hotline and RQA will provide support as required including advice on development of an action plan, decision making, risk assessment, communication, testing, traceability and identifying sources of product fault or contamination.
Founded in 1998, RQA Group is the leading global consultancy and training firm in the fields of crisis management, product recall, and business continuity. RQA offers it services across a broad range of industries and specializes in the food, consumer product and automotive sectors. They also work closely with the legal and insurance sectors, providing expert witness and consultancy services. RQA can help businesses to develop product recall, crisis management and business continuity plans as well as train and test their product recall and crisis management teams. Also, our consultants can help businesses comply with retailer, customer, insurance and regulatory requirements. With a network of crisis management consultants, product recall consultants, business continuity experts and product safety specialists based in Europe, Africa, Asia and Australia as well as in the Americas via RQA Inc., RQA truly offers global solutions.
Talbot Underwriting Ltd operates within the Lloyd’s insurance market through Syndicate 1183. Syndicate 1183 focuses on underwriting a number of specialty risks including marine, aviation, transport, energy, terrorism, political risk, accident and health, construction, contingency, financial institutions, property and treaty reinsurance. Syndicate 1183 has capacity of £600 million for the 2016 underwriting year of account.
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