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 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
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
Underwriting Assistant

Raquel joined Perigon as an Underwriting Assistant in 2020, having previously worked as an Investments and Treasury Assistant at Antares. 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.

Ian Bailey

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.

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 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

provides cover to protect manufacturers from all stages of the supply chain for recall costs they are liable to pay due to a manufacturing or design error


Food & Beverage

manufacturers both large and small can benefit from our coverage against accidental contamination, malicious tampering and government recall

Restaurant Contamination

coverage is available for all size of restaurants and chains to protect against foodborne illnesses and contaminations



in a tightly regulated industry our product provides coverage against large recalls as a result of accidental contamination, malicious tampering and regulatory recall


Consumer Durable

manufacturers of finished goods can be covered for recall costs incurred as a result of product defect and malicious tampering

Retailer Recall

coverage is provided with specific wording to protect retailers of all sizes in cases of product recall


manufacturers are often required to purchase recall cover by their customers to provide protection globally


Perigon are always happy to discuss and create solutions for any industry or production process