IQUW partners with RQA on Product Recall cover

IQUW, the property and speciality re/insurer with a strong presence in Bermuda, has selected RQA Group as 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 (pictured), lead underwriter, Crisis Management, IQUW.

“RQA are experts in their field and will add further value for 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 to 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 and myself, and my team, look forward to supporting Jon and IQUW as they grow this new area of business.”