July 28, 2020

“Once a vaccine is developed and readily available, the bill for this stramash will be scrutinized,” Kossovsky says. He predicts that firms that invest federal or shareholder funds yet don’t emerge with a winning product will find their managements’ and boards’ decisions highly scrutinized.”

July 28, 2020

“‘This is reputation risk writ large,’ Kossovsky continues. ‘With a nod to Icarus, the higher you fly, the easier it is to get burned.’”

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Reputation risk management is strategic governance, leadership, controls and insurance.

For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here.

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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