Texas-Based Upland Expands Into Product Recall

Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio.

The new product focuses on product defect coverage for component parts and consumer goods as well as food and beverage contamination. It offers policy limits of up to $10 million in worldwide coverage with the ability to write primary, quota share as well as excess positions.

The Product Recall team is led by Daniel Akerman, a veteran in the Product Recall industry with over 15 years of underwriting and global crisis management leadership experience. He most recently served as the Global Head of Crisis Management with a market-leading Lloyds syndicate.

Akerman is joined by the underwriting team of Joeseph Stottler, vice president; Jessica Stoneback, vice president; Michael Data, senior underwriter; and Michael Henley, senior underwriter.

Upland Capital Group, Inc. is an AM Best rated “A-” VIII specialty property/casualty insurer headquartered in Dallas, Texas.