IQUW appoints RQA Group as Crisis Consultants for Specialty Product Recall Cover

06 Jul 2022 by Jonathan Watson

Property, Commercial and Speciality (re)insurer IQUW has selected RQA Group, leading experts in product risk and crisis management, to be its retained crisis consultants globally for its recently-launched Specialty Product Recall cover.

RQA Group will provide 24/7 incident support and pre-incident risk management services to IQUW’s product recall policyholders. RQA will also provide risk engineering services and claims support to IQUW’s crisis management team.

“We are very pleased to be working with RQA Group as they offer best-in-class product recall and crisis consultancy services which will benefit both IQUW and our insureds,” said Jon Atkinson, Lead Underwriter, Crisis Management, IQUW.

“RQA are experts in their field and will add further value to our brokers and their clients by harnessing product recall data to help monitor risk types and trends. In addition, we will collaborate on model creation and optimisation to provide greater insights for our brokers.”

Atkinson added: “What’s more, IQUW will incentivise clients to collaborate with RQA to assist them with their transition to more ESG considerate manufacturing practices. Helping to create greener, more sustainable practices amongst our clients.”

Vince Shiers, Managing Director, RQA Group added “I am delighted that IQUW have selected RQA Group as their crisis consultants. The RQA team and I look forward to supporting Jon and IQUW as they grow this new area of business.”