Through our advisory arm, we help deploy state-of-the-art reputation risk governance and enterprise risk management solutions. Our risk financing and risk transfer arm provides both unparalleled pricing and underwriting support for insurance captives and risk transfer through insurances.
Quantitative, bespoke, and objectively selective
Steel City Re’s services help manage expectations, mitigate anger and disappointment, and parametrically indemnify fortuitous losses.
Steel City Re enterprise services provide clients with enterprise-wide frameworks for assessing and quantifying their reputational risks and their potential corporate and personal impacts, and for assessing and quantifying the benefits of utilizing reputation insurance products to manage and mitigate those risks.
Covering lost reputation value—the go-forward cost of angry disappointed stakeholders—are insurance policies led by the Lloyd’s syndicate, Tokio Marine Kiln. Capital instruments may be used for larger limits. Additional risk financing also may be structured through a captive insurance vehicle.
All risk financing and transfer policies are structured a priori and triggered parametrically.
In our social media-driven society that seems intent on personifying blame for corporate missteps, the anger, disappointment and loss of trust in reputation crises places directors and officers in cross hairs.
D&O coverage is insufficient to protect Directors and Officers against personal reputational damage caused in the court of public opinion – and costing them potentially millions of dollars in future lost income. Steel City Re has solutions for dutiful directors and officers.
Reputation is an enterprise risk management issue requiring enterprise-wide systems to protect it. Steel City Re has solutions for reputation risk governance and enterprise-wide reputation risk management that empowers a firm’s risk management apparatus with policies, practices, procedures, communication tools, and indemnification instruments.