“Today, the insurance industry faces a reputational crisis that threatens to undermine its relationship with stakeholders in lasting and significant ways. This is an opportunity for you and Lloyd’s, as perhaps the most iconic representatives of the industry, to advocate for measures by insurers that restore trust and pre-empt action by regulators, politicians, and litigators that will worsten the reputational disaster.”Insurance Post
May 28, 2020
“Demonstrate in clear and convincing ways that your practices have been changed to protect against future (reputational) damage.”
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Reputation insurance is 3rd-party evidence of strategic governance, risk, and compliance.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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