red24 (AIM:REDT) - another nice insurance relationship for the crisis assistance specialists
The AIM quoted crisis assistance company, whose share took a dive in November following disappointing results, has announced news that a leading international business underwriter, has appointed the Group to provide strategic support for its Product Contamination Insurance clients. The Group’s Food Safety and Product Recall business unit seems to be developing nicely in a world of increasing awareness of product safety issues.
Hiscox London Market, part of the Hiscox international specialist insurance group has engaged red24 to offer its crisis support services to aid their preparation and management of product safety risks. Hiscox London is one of the biggest product recall teams in Lloyd’s, covering everything from food and drink, automotive components, restaurants and pharmaceutical manufacturing through to consumer goods and durables, so this is a big vote of confidence in REDT. With its Food Safety and Product Recall business unit, red24 will help Hiscox London Market clients prepare for risks relating to their products as well as respond to immediate crisis…