ScalePassion Blog
ScalePassion Blog
Key Insurance Trends in the Natural Industry
The video above is part 1 of 2 between Greg Doherty of Poms Associates and Robert U Craven of LaunchNatural discussing key insurance trends in the natural industry. Watch part 2 >>
Greg Doherty of Poms & Assoc joins Robert U Craven of LaunchNatural to discuss major insurance trends in the natural products industry. The two discuss product liability and recall trends, shifting power to the FDA and the ramifications of the new administration. They also discuss the very important realization that insurance "underwriting is purely discriminatory" and that you can control your costs!
In Part 1 of the discussion, Greg & Robert discuss the current regulatory situation, the new administration, product recall and liability trends, and the fact that underwriting is discriminatory.
In Part 2 of the video, Greg explains to Robert the myth of advertising liability, watch-outs related to claims and how important it is to make sure your suppliers and key partners have the right coverages.
This video series is a must-watch for all CEOs in the natural/dietary supplement industry.

Tuesday, September 1, 2009