“Just as companies and boards need to tell a strategic story to their stakeholders of sound reputation risk management, evidenced by insurance, so must insurers tell a strategic story to brokers and insureds by offering the type of reputation insurance products that will support their needs.”Journal of Reinsurance
July 9, 2020
“Drivers of demand (for reputation insurance) come from the worlds of regulations, litigation avoidance, and ESG ‘compliance.’”
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Reputation insurance can tell simple credible stories about risk management.
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?