“Now that 90% percent of the S&P 500 disclose in public filings what they consider material risks related to corporate reputation, and the frequency of shareholder derivative lawsuits mentioning reputation as a cause of damages has increased dramatically, reputation risk management has become an urgent action item.”Risk and Insurance Management Society
November 5, 2019
“Enterprise risk managers need to take the lead in protecting the reputation of their firms and leadership.”
Click on Read More (below) for full text (no paywall).
Reputation risk management is strategic governance, leadership, controls and insurance.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
What’s your strategy?