Publications

June 26, 2025

, , , , , ,
Reputation risk management and governance with insurance is now a best practice recommended by governance and legal authorities.

Reputation risk management and governance with insurance is now a best practice recommended by governance and legal authorities.

Sophisticated prospective/captive owners intent on launching a captive, or jumpstarting an expanded remit for an existing captive, may successfully overcome corporate inertia with a parametric cover for reputation risk. Reputation insurance is now a recommended best practice—Principle #9—for Reputation Risk Governance according to recently released landmark guidelines from the DCRO Institute. Reputation insurance and insurers are also recognized for their value in reducing compliance risk in America Law Institute’s March 2025 release of Principles of the Law, Compliance and Enforcement for Organizations. 

June 5, 2025

, , , ,
Two recent lawsuits alleging director and officer liability have also called for board refreshment because of culpability.

Two recent lawsuits alleging director and officer liability have also called for board refreshment because of culpability. This emerging strategy to pressure directors to settle exposes directors to going-forward personal financial and reputation loss that is rarely covered with conventional liability insurance and is not yet widely covered with reputation insurance.

January 3, 2025

,
Warhola: The Steel City Re Cocktail of the Year, 2025. Andy Warhol (nee, Warhola) claimed that “art is whatever you can get away with.” Does this foreshadow one of the unintended benefits of effective expectation management? Click on the image for the formula and mixing directions.

Warhola: The Steel City Re Cocktail of the Year, 2025. Andy Warhol (nee, Warhola) claimed that “art is whatever you can get away with.” Does this foreshadow one of the unintended benefits of effective expectation management? Click on the image for the formula and mixing directions.

December 4, 2024

, , , , , ,
Governance experts including the National Association of Corporate Directors and other authorities are encouraging boards to support management more closely in an "uncertain — and possibly volatile — environment," even at the risk of appearing to micromanage. But with engagement comes culpability for the reactions of already-angry stakeholders. Simply put, the costs of leaning into a reputation crisis may include the dispensation of board members whose personal losses will not be covered by D&O liability insurance. Board members need personal reputation insurance.

Governance experts including the National Association of Corporate Directors and other authorities are encouraging boards to support management more closely in an “uncertain — and possibly volatile — environment,” even at the risk of appearing to micromanage. But with engagement comes culpability for the reactions of already-angry stakeholders. Simply put, the costs of leaning into a reputation crisis may include the dispensation of board members whose personal losses will not be covered by D&O liability insurance. Board members need personal reputation insurance.

Topics