After much thought and inquiring with numerous fellow insurance brokers, insurance companies and risk managers - I still don’t have the straight answer to the following question:  If I am a manufacturer of a product (in this case electronic product) and export it to Europe where they have certain eco-compliance laws, and that product is ‘non-compliant’ (because it contains a prohibited chemical), what is the insurable interest?  I feel that it is a ’compliance’ issue akin to SOX and flows up to the Directors & Officers (D&O insurance).  Others believe it is akin to Products Liability and Product Recall.   I welcome your thoughts.

This entry was posted on Wednesday, December 3rd, 2008 at 7:45 am and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.