Chartis Launches Reputational Risk Insurance

ReputationGuard, an insurance policy providing innovative coverage to help policyholders cope with reputational threats has been developed by Chartis’ Executive Liability division.

The policy delivers the benefit of both access to world-class reputation and crisis communications professionals as well as coverage for costs associated with avoiding or minimizing the potential impact of negative publicity.

A recent survey of public and private board members shows that 69% of them now rank reputation risk as their primary concern. Another recent survey found that 79% of business decision makers believe they are only 12 months from a potential crisis.

ReputationGuard gives policyholders access to a select panel of the communications firms of Burson-Marsteller and Porter Novelli.

Source: Chartis