Forging
Reputation
Resilience

Steel City Re, an oversees advisor to Lloyd’s Tokio Marine Kiln, is the exclusive provider of parametric reputation risk insurances and advisory services using a risk management framework informed by behavioral economics.

Dread of reputation risk permeates boards’ concerns about governance, counsels’ about compliance, institutional investors’ about equity risk, bond raters’ about credit risk, and others about ESG risk. Reputation value is placed at risk when companies fail to meet stakeholders’ expectations about governance and operations. Among the top 10 perils of setting in motion angry, disappointed stakeholders are impaired strategic power, reduced cash flows, and stock price drops. Accordingly, reputation risk management is valued by institutional investors, credit analysts, equity portfolio managers and board members.

“In a market system based on trust, reputation has a significant economic value.”

Alan Greenspan, Chairman of the US Federal Reserve
Woman making OK sign with hand.

Reputation

Reputation value is a strategic power. Companies harness their reputation to sell more, faster, and at premium prices; and to obtain labor, vendor services, as well as capital on preferred terms. Enhanced reputational value can help companies outperform competitors, recruit and retain talent, deter activists, and satisfy regulators.

Man contemplating chess board.

Services

Steel City Re helps mitigate reputation risk. It provides governance, managerial and insurance solutions by combining financial modeling with behavioral economics to enhance governance, leadership and control practices, quantify reputation risk; and it uses parametric insurances strategically—to tell a simple, credible and completely convincing story valued by investors.

Most Recent News And Commentary

May 4, 2021

“Boosting ESG without understanding and carefully considering who stakeholders are, what they expect and how their potential disappointment might be expressed is a tactical path…
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April 29, 2021

“Institutional investors like BlackRock have made the management of stakeholder interests a key plank in their proxy voting guidelines, and firms like Apollo Global Management…
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April 27, 2021

“Indeed, Kossovsky says that, while boards can’t ignore when lawmakers threaten financial repercussions, they should be aware that “much legislative action is performative,” in his…
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