Transfer Risk Strategically
See also:
Our parametric reputation insurance:
Reputation risk is unpredictable.
Dutiful board members will paradoxically suffer personal reputational harm if aggrieved stakeholders feel betrayed. The trigger will likely be linked to shifts in a firm’s or director’s ESG posture, which has become a political minefield. Directors are exposed, and their losses are not covered by D&O liability insurance.
- Download a sample parametric Reputation Risk policy.
- Download case studies on how Risk Managers used Steel City Re products and services.
- View videos on how the measures of reputation value are derived and how they are used for premium pricing and policy triggering:
- Measures of reputation value and risk
- Engineering parametric reputation risk insurance
Our parametric insurance doesn’t just protect, it promotes.
Put simply, your stakeholders and the public at large do not want to know that your company is prepared for crises. They want to know that you’re actively trying to preclude them. They want to know that you have effective thoughtful risk management and dutiful governance—quality enterprise risk management.
The role of insurance as a signal of quality was conceptually formalized in 1973 with a Nobel Prize in Economics going to Michael Spence in 2001. How insurance preserves trust and prevents stakeholder panic was conceptually formalized in 1983 with that prize going to Douglas Diamond and Philip Dybvig in 2022.
Parametric Insurance, Technical Features
Our insurance signals resilience through quality risk management.
Our objectively exclusive insurance, based on our synthetic measures of reputation value, makes this possible. We are the world’s only source of insurance based on quantitative forward-looking business performance metrics. Our measures power equity indices such as INDEXCME: REPUVAR.