Risk Management

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.

Advisory Business Purpose

Reputation risk management can help mitigate the risk of an adverse event blossoming into a reputational crisis, and mitigate a reputational crisis from expanding and attracting the interest by activists, litigators, and regulators.

It can also increase situational awareness when cultural and social changes transform previously tolerated events into adverse events with reputational consequences.

Deliverables

Policies, practices, procedures, communication tools, and indemnification instruments that enable a company’s enterprise reputation risk management apparatus fulfill its mandate based on the following conceptual schema:

Steel City Re’s Enterprise and Reputation Risk Management Framework is Miscible with the 2017 COSO Framework

What’s your strategy?

Reputational risk is a concern for every company, organization or individual in corporate leadership. Let us help develop your strategy for reputational resilience.