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Red24 Secures Product Contamination Contract With Hiscox Unit

Mon, 30th Nov 2015 07:53

LONDON (Alliance News) - Crisis assistance company Red24 PLC on Monday said it has secured a contract with the London Market arm of specialist insurer Hiscox Ltd.

Red24 will offer crisis support services for Hiscox's Product Contamination Insurance clients to help the preparation and management of product safety risks.

No financial details on the contract were disclosed.

"Our Food Safety and Product Recall business unit is going from strength to strength, and we are very pleased to have been appointed by a market leading underwriter such as Hiscox to help their clients through recall and contamination events," said Red24 Chief Executive Maldwyn Worsley-Tonks.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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