Welcome to Perigon. We offer market leading underwriting services for Product Recall Insurance across a range of production processes and industries.

Perigon –

Innovative – working closely with client and brokers to offer valuable contamination and recall cover to meet the needs of their businesses

Responsive – timely and available to meet the needs of Perigon’s clients

Market Leaders – with superior knowledge and understanding of the benefits to the client Perigon lead the recall class within the London market



About Us

Perigon Product Recall Limited offers market-leading underwriting services underpinned by the 20+ years experience of Ian Bailey. Having originally focused on the food and beverage space, Ian has played a key role in developing a market for specialist recall products – for example, automotive / non-automotive components, restaurant contamination insurance, pharmaceutical products (including medical devices), consumer durables, packaging risks and retailer recall propositions.

Ian Bailey

Ian Bailey
CEO & Director

Ian brings over 20 years of underwriting experience to Perigon having specialised in product recall and contamination for the last 15 years. Prior to joining Perigon he was an Underwriter for Hiscox in one of the leading teams in the product recall space, having helped recreate the success enjoyed at Catlin who had written the largest book of recall and contamination business in the London Market. His first experience within recall was at AIG UK where he specialised in both recall/contamination and kidnap for ransom. Ian became ACII qualified in 2000.

Natalie Lilley

Natalie Lilley
Senior Underwriter

Natalie has over 25 years of underwriting experience, including over 20 years on product recall and contamination. She has previously held senior roles at Talbot and Axa XL. Like Ian, Natalie started her Crisis Management underwriting career at AIG, where she also dealt with kidnap for ransom and political violence.

Raquel McHardy

Raquel McHardy
Assistant Underwriter

Raquel McHardy is an Assistant Underwriter with two years’ experience in the recall market, having worked alongside Ian across the main product classes offered by Perigon. Raquel is currently DIP CII certified and working towards her ACII qualification. Raquel joined Perigon in 2020, having previously worked within the Investments and Treasury team at QIC Global. Raquel graduated from UCL with a Masters in Risk, Disaster and Resilience and a Bachelor’s degree in Industrial Economics with Insurance from the University of Nottingham.

Rinku Patel

Rinku Patel

Rinku is an ICAEW qualified accountant having trained with BDO and moving to Andersen. Rinku was CFO/COO of DUAL, CFO of Howden and Director of Finance at Hyperion before consulting in 2016/7 supporting a number of businesses in the intermediary space.  Industry Experience includes Software Development, Information businesses and Insurance (at DUAL, Howden and Hyperion).  Rinku founded Pine Walk in 2017 with Fidelis, as an MGA incubator, raised finance for Pine Walk and Radius and has since set up a further 5 MGAs.

Graham Dawe

Grahame Dawe

Grahame has over 25 years’ experience in the insurance and reinsurance industry. Grahame was previously at Aspen Insurance Group where he worked for 17 years in various finance roles, including as Group Financial Controller and most recently as Group Chief Accounting Officer and UK CFO. Prior to joining Aspen, Grahame was at KPMG in the Insurance audit practice where he was responsible for a portfolio of London market and international clients. Grahame began his career at Sedgwick Lloyd’s Underwriting Agency.  He is a fellow of the Association of Chartered Certified Accountants, qualifying in 1997.

What we do

Perigon Product Recall Limited was established in November 2019 with a focus on writing effective coverage for a wide range of production processes. Our team has a reputation for approachability and flexibility in developing new structures for both existing and emerging risks.

Automotive/Component Recall

Consumer Durable

Food & Beverage


Restaurant Contamination

Retailer Recall


Non-Automotive Component Parts

Water Utilities