“Insurers’ widespread refusal to pay up for business losses caused by Covid-19 lockdowns has made them the targets of opprobrium from governments, businesses and the general public.”The Irish Times
May 1, 2020
“Grab your helmets, insurers. You are going to get stoned, and not in a happy way.”
Click on Read More (below) for full text (paywall).
Reputation risk is the peril of economic damage from angry disappointed stakeholders.
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?