“Companies face significant reputational risks at all times, with social media serving as a vessel for the swift dissemination of negative publicity that can have a significant negative impact on the bottom line. While there is some commercial coverage available, availability is limited, meaning companies that want to manage this risk may be best served writing coverage via their captives.”Captive International
November 4, 2020
“Kossovsky believes reputation is also a great coverage for a captive to write because it is a low frequency risk.”
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Synthetic measures of reputational value make reputation risk measurable, manageable and insurable.
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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