Genysis Brand Solutions, a Utah-based supplement manufacturer, is pleased to announce that it is the first company to join the state-of-the-art, best practices-based, liability insurance program–the Platinum Program, offered by Chicago-based wholesale insurance broker RT Specialty, in collaboration with the United Natural Products Alliance (UNPA).
“After applying to the Platinum Program, Genysis has highly anticipated its launch not only for the benefit it will bring to our company and clients, but for the high standard it holds the industry to as a whole. As we’ve strived to achieve a standard of excellence as an organization regarding quality and innovation, we’re thrilled to be part of a program that will be available to other health and wellness companies with like-minded goals,” says Jeff Reynolds, CEO, Genysis Brand Solutions and Genysis Labs.
The Platinum Program is being made available to companies, such as Genysis, based on four distinct best-practice principles:
- Insurance risk management
- Dietary supplement industry organizational, regulatory, compliance, and analytical standard operating procedures
- External third-party certification(s)
- Oversight of social media and Internet operations
Over the past year, “RT Specialty and UNPA have consulted with industry and insurance thought leaders to define and deliver this innovative insurance program designed to advance the quality of the dietary supplement industry,” said Michael Garofalo, senior vice president, National Life Science Practice, RT Specialty.