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New York – (business wire) — Berkley Global Product Recall announced today that it has changed its name to Berkley Product Protection and now offers broader coverage. In addition to product recall and contamination, new liability insurance is available for a range of medium to high hazard risks involving manufacturers, wholesalers and importers. New coverages – General Liability and Excess/Comprehensive Liability – are offered primarily on an approved basis, while recall coverage continues to be offered on an unapproved basis. The new liability insurance supplements the current recall coverage, but each is offered as a separate policy.
Luis Rivera, President of Berkeley Product Protection, commented: Berkley Product Protection provides professional coverage where our expertise truly counts. We are building on a strong foundation with a knowledgeable and talented team and look forward to expanding our product portfolio and serving our valued business partners. ”
For more information on rebranding and product expansion, as well as existing product recall products and services offered by Berkley Product Protection, please visit www.berkleyproductprotection.com.
Berkley Product Protection
Berkley Product Protection offers a broad product suite, including general liability and product recall and contamination, to assist clients in the manufacturing, wholesale and import sectors for their risk management and insurance needs. The Company is a member of WR Berkley Corporation, an insurance holding company that is one of the largest commercial insurance companies in the United States.
Products and services are provided by one or more insurance company subsidiaries of WR Berkley Corporation. Not all products and services are available in all jurisdictions. Also, the exact coverage offered by an insurance company is subject to the actual terms and conditions of the policy issued. Certain coverage may be provided through a subsidiary of WR Berkeley Corporation’s Surplus Lines Insurance Company through a licensed Surplus Lines Broker. Surplus line insurers typically do not participate in state guaranty funds, and insured persons are not protected by such funds.
For additional information about WR Berkley Corporation’s insurance subsidiaries, click here.
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