Insights For Brokers

Corporate Directors and Officers want better risk intelligence and hardened defenses in securities litigation, political skirmishes, or regulatory challenges over alleged X-washing, other DEI & ESG matters, or general reputation damage. For these executives, our “D&O Culpability Insurance” and “ESG Insurance” solutions deliver valuable strategic signaling and personal exculpation (click here to link to a case study); and

CEOs want to preempt compensation claw backs for alleged reputation damage. For these executives, “Side R” and our “Reputation Insurance” solutions provide objective certainty (click to link to a news story).

Sample use cases:

1. Need to Mitigate Regulatory Risk (Support Legal Strategy). This is for clients whose captives historically covered reputation risk with non-Steel City Re outcome-based solutions and going forward, want a sound parametric foundation to preempt challenges to premium values, and to justify historic values. In short, they want “Resilience Insurance.” (See value proposition for Legal Officers).

2. Need to Accelerate Capitalization of a Captive (Support Financial Strategy). This is for clients who want to capitalize rapidly a captive. (See value proposition for Financial Officers)

3. Need to Improve Capital Market Positioning (Support Investor Relations Strategy). This is for clients who want to impress institutional investors with their enterprise risk management and governance prowess for the benefits of reduced bond costs and improved equity multiples, and to secure lower D&O liability premia; or have been spooked by threats of CEO compensation claw backs for reputation damage. In short, they want “Resilience Insurance.” D&O “Culpability Insurance,” and D&O “Side R”. (See value proposition for Marketing and Investor Relations)

4. Need to Monitor Reputation Risk Potentially Triggered by Board Actions (Support Governance Strategy). This is for clients who want to get ahead of potential issues arising from material board decisions that would alter the strategic direction of the firm; and mitigate potential fallout alleging directors’ failure to protect the reputation of the firm. In short, they want “D&O Culpability Insurance” and high frequency Resilience Report monitoring. (See value proposition for Boards of Directors).