Capital Costs

November 2, 2018

“As more consumers tie their values to products they purchase and the companies they work for, businesses will be forced to take a deeper look at their cultures and how they are managing relationships with stakeholders.” November 2, 2018Wall Street Journal “(Kossovsky) noted that more companies are recognizing reputation risks as material and disclosing them …

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August 24, 2018

Insurance Business August 24, 2018 Aon delves into the surging growth of reputation risk Data showed companies could add 20% of value or lose up to 30% of value depending on their reputation risk preparedness, and management behaviour in the immediate aftermath of a crisis. The firms scrutinized 125 reputation crises over the past 10 …

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July 24, 2018

“Even companies that attain the best reputation in the eyes of stakeholders could” tell regulators, bond raters and equity markets a better risk story with insurance. July 24, 2018Agenda Week “Despite the value of corporate reputation, Kossovsky says it’s not clear that high-reputation companies are properly measuring, managing or mitigating their risks.” Reputation risk: The …

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May 11, 2018

Reputation risk is rampant, insurance is prudent, and loss is likely. Reputation insurance should be viewed in much the same way as property insurance for a town in tornado country. By defining reputation risk this way, rather than as the risk of negative public opinion to be managed by marketing departments, the peril is measurable …

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May 8, 2018

What all these events have in common is that they are altering, suddenly and profoundly, the risk environment for businesses. As they have done for years, companies need to be constantly challenging their own assumptions about future events and stakeholder expectations—protecting themselves against every “what if” they can imagine. But today, they need to do …

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March 13, 2018

The resulting matrix includes 41 issues across four categories: access to health, environmental sustainability, employees, and ethics and transparency. It was completed in 2014 and is based on both internal and external research and surveys . As head of the pharmaceutical giant, Frazier oversaw an assessment of which issues are most important to each of …

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November 1, 2012

I am pleased I got his book. Nice work Nir! This is just one example of the thorough and credible positioning of the value of corporate reputation and why organizations that are socially and environmentally credible essentially fashion a “reservoir of goodwill” that enables them to become more resilient not only to climate change risks, …

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January 2, 2011

“Nir Kossovsky, founder of Steel City Re, has argued for such a strategic and holistic approach to intangibles. In his framework a company’s intangibles include its processes for producing safe, high-quality, innovative, ethical and sustainable products and services. A company’s reputation is the sum total of stakeholders’ perceptions of how the company manages those intangibles. …

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