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Willis Towers Watson, Liberty Specialty Markets Launch Reputational Crisis Coverage February 24, 2021 Willis Towers Watson and Liberty Specialty Markets have partnered to offer reputational crisis insurance that enables organizations to transfer the financial risk associated with certain types of reputational crises and provides access to non-insurance capabilities, including AI-powered data analysis. The new Reputational Crisis Insurance includes live, client-controlled reputational data and intelligence analysis provided by Polecat Intelligence Limited. The coverage is available globally and is initially available to clients in the leisure & hospitality, manufacturing, retail and transportation sectors. According to Lewis Edwards, head of Underwriting, Specialty Binders at Liberty Specialty Markets, clients’ increasing exposure to both traditional media and social media has led to a rise in reputational losses globally. The n ....
2021-01-26T07:52:00+00:00 Product helps mitigate the risk to profitability posed by reputational crises and offers real-time threat insights A group of Lloyd’s insurers are providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively. Underwritten by the Custodian Consortium, led by Beazley, the Reputational Risk policy protects organisations through the lifespan of a crisis. Cover includes crisis management services to minimise reputational damage, and business interruption cover that insures against the impact to profitability of a downturn in revenue. The solution now includes a subscription to reputational, economic, social & governance (ESG) and risk intelligence provider, Polecat Intelligence. The platform uses online and social data to assess an organisation’s reputational profile and performance globally, benchmarking these against competitors and peers. ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Beazley enhances Reputational Risk offering with AI-enabled tools providing enhanced insights . Beazley GroupJanuary 25, 2021 GMT George Beattie, Head of Incubation Underwriting at Beazley George Beattie, Head of Incubation Underwriting at Beazley London, Jan. 25, 2021 (GLOBE NEWSWIRE) Specialist insurer Beazley has enhanced its pioneering Reputational Risk insurance policy by providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively. Underwritten by the Custodian Consortium at Lloyd’s led by Beazley, the Reputational Risk policy protects organisations through the lifespan of a crisis. Cover includes crisis management services to minimise reputational damage, and business interruption cover that insures against the impact to profitability of a downturn in revenue. ....
Willis partners with Polecat Intelligence on emerging risks 18-12-2020 18-03-2021 Broker Willis Towers Watson has partnered with social business intelligence and data analytics company Polecat Intelligence to tackle emerging risks. The rest of this article is locked. Please login to continue reading.
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