“What is clear is that today’s fitness businesses are not immune to experiencing reputational risk crises, according to Nir Kossovsky, CEO and director of Pittsburgh-based Steel City Re, a firm that specializes in corporate reputation measurement and risk transfer. And this recent episode with Ross can serve as a limited case study of sorts for club operators who are concerned about protecting their business from similar fallouts—which can cause real financial ramifications.”Club Industry
November 7, 2019
“Kossovsky said [in] today’s cultural landscape…every aspect of a business has become publicly relevant.”
Click on Read More (below) for full text (no paywall).
Reputation risk is the peril of economic harm from angry disappointed stakeholders.
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?