An increasing awareness of health and food safety over the years has led to enhanced sensitivity for consumer protection, and as a result there is increased activity by lawmakers who often create more stringent regulations. An example of this is the compulsion in all member states of the European Union to highlight allergenic substances in any food-related text (like labels or product descriptions) since the end of December 2014. Furthermore manufacturing processes are becoming more complex and technological innovations in analysis methods are allowing for increasingly smaller samples to be required to detect substances that are a health hazard. All these developments increase the risk likelihood of product recalls for food and beverage companies.
HDI provides industry-specific ‘Contaminated Products Insurance’ - prevention, risk insurance and crisis management enable companies to significantly reduce the negative impacts of a product recall, like lost profits and reputation damage.