After the conclusions obtained from the meetings with the client, we prepared a Risk Management Report with recommendations, such as improving the control of raw material reception, designing a traceability and product recall plan, among others.
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Additionally, we recommend reviewing the contractual liability clauses with multinational customers from other countries, particularly those referring to insurance obligations and exemptions imposed.
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After two insurance annuities with low loss ratio we were able to renegotiate with the insurer to return to the previous conditions in rates, deductibles, limits and guarantees, thus obtaining better conditions for our client.