“This is where more innovative solutions are being used to bridge the gap. One solution involves working with clients to form a captive…Another interesting solution taps into the ever-increasing availability of data….(P)arametric insurance products can be structured around this data, which trigger a pay-out based on pre-agreed parameters.”Strategic Risk
November 1, 2019
“Innovative and parametric solutions are being used to bridge the gap”
Click on Read More (below) for full text (no paywall).
Reputation insurance: parametric indemnification affirming trust and reducing economic losses.
For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here. To read an abstracted summary of reputation risk, see below.
Risk governance and management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive enterprise reputation risk solution.
What’s your strategy?