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Allianz Global
Corporate & Specialty
Corporate & Specialty
A company can be left in ruins if it does not manage a product recall well. The long-term costs, e.g. loss of a major customer, profits and brand, can be sizeable and will hit the company’s balance sheet. To minimise the costs and mitigate the risks associated with such an incident, companies must proactively assess and manage their product recall risks.
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