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Do they also insure against reputation damage? How would that work and could they measure it?
by aliasEli 5y ago
Do they also insure against reputation damage? How would that work and could they measure it?
- pyuser583 5y agoYes. How they measure damage depends on what specifically is insured. For example, a policy might cover the cost of a crisis management PR team. Or it might cover the cost of rebranding, including corporate reorganization. A wide ranging reputational risk policy can become very expensive, very fast. https://advisorsmith.com/what-is-reputational-risk-insurance/ https://advisorsmith.com/what-is-reputational-risk-insurance...