“Nir Kossovsky, Denise Williamee and Peter Gerken of Steel City Re discuss the development of reputational risk, including current trends, how a captive can provide cover, and the specific challenges in insuring this risk. […] Williamee points to Connecticut as a key example, where the insurance department recently wrote it ‘does not anticipate any issue for prospective captives to be domiciled in Connecticut to utilise Steel City Re’s behavioural economic underwriting, parametric policy and pricing services to insure reputation and ESG-related risk’”.
Captive Insurance Times
January 5, 2022
Reputation risk/captive insurance for companies with “an astute board, risk-aware leadership and sophisticated risk management.”
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A company’s oversight of reputational risk is a mission-critical governance matter.
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