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BEAZLEY’S REPUTATIONAL RISK INSURANCE SOLUTION: ENHANCED BY POLECAT

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REPUTATIONAL RISK

At a time of unprecedented social, political, economic and environmental change,
corporate risks have become unpredictable and are increasing exponentially.
Reputation is one of the hardest areas of corporate risk to manage and is an
asset that companies cannot afford to lose as the financial impact can be
catastrophic.

The acceleration and amplification of news through the media demands an urgent
and coordinated response as reputational damage is inflicted faster and deeper
than ever before. Executives and boards need real-time intelligence to identify
reputational threats, protection against financial loss and crisis mitigation.




REPUTATION IN NUMBERS




WHO IS BEAZLEY REPUTATIONAL RISK FOR?

Organizations that have a strong, identifiable and public-facing brand; those
that may have a managed, engaged social media presence.
Organizations that have annual revenue of up to USD 6bn – those of a larger size
can be considered depending on cover requirements.
Available for all sized businesses, specifically medium sized, public facing
companies operating in competitive environments in North America, Europe and
Asia Pacific.
Industry examples: healthcare, education, leisure & hospitality, manufacturing,
media, retail, transportation and technology.


CLICK HERE TO LEARN MORE ABOUT BEAZLEY’S REPUTATIONAL RISK PRODUCT.




COMMENTS


GEORGE BEATTIE

HEAD OF INCUBATION UNDERWRITING AT BEAZLEY

“Rising public anger, intolerance and lower trust in authority are contributing
to a more volatile reputational environment. The exposure of the public to
manipulative social media content compounds the difficulty business leaders have
in meeting their fiduciary responsibility to minimise balance sheet risk and to
maintain stakeholder value. This solution helps companies in two key ways.
Firstly, it provides executives with reputational insights at a time when many
companies are the target of stakeholder action relating to perceived failures to
act on emerging risks. Secondly, it helps companies to mitigate the risk to
profitability posed by reputational crises by paying for loss of profit and
providing immediate access to crisis consultancy services.”

+44 (0)207 674 7550 : x4017550
george.beattie@beazley.com

www.beazley.com








JAMES LAWN

CO-CEO, POLECAT INTELLIGENCE

“Global companies and their executives are experiencing significantly more
scrutiny over their conduct and risk management through both social media and
growing social activism. Organisations that seek to actively manage their
reputations and ESG profiles by harnessing data and market intelligence are more
strongly positioned to anticipate and manage emerging threats. Access to the
Polecat platform gives Beazley Reputational Risk policyholders more control over
managing and appraising their corporate reputations, benchmarking objectively
against their peers, and understanding the material implications of what their
stakeholders are saying.”




TREVOR MAYNARD

LLOYD’S HEAD OF INNOVATION

"Reputational risk is a fast evolving issue, and a growing priority for many
businesses around the world. We launched the Lloyd’s Product Innovation Facility
to support new, innovative and brave products such as this reputational risk
policy and I’m thrilled to see such fantastic risk sharing collaboration in our
market. By forming partnerships with our peers and Polecat, we’re able to use a
blend of AI, benchmarking and industry intelligence to proactively support our
customers in protecting their reputation.”




Disclaimer

COVERAGES ARE UNDERWRITTEN BY BEAZLEY SYNDICATES AT LLOYD’S AND WILL VARY
DEPENDING ON INDIVIDUAL COUNTRY LAW REQUIREMENTS AND MAY BE UNAVAILABLE IN SOME
COUNTRIES. THE DESCRIPTIONS CONTAINED IN THIS COMMUNICATION ARE FOR PRELIMINARY
INFORMATIONAL PURPOSES ONLY AND COVERAGES ARE AVAILABLE IN THE US ONLY ON A
SURPLUS LINES BASIS THROUGH LICENSED SURPLUS LINES BROKERS UNDERWRITTEN BY
BEAZLEY SYNDICATES AT LLOYD’S. THE EXACT COVERAGE AFFORDED BY THE PRODUCTS
DESCRIBED HEREIN IS SUBJECT TO AND GOVERNED BY THE TERMS AND CONDITIONS OF EACH
POLICY ISSUED. THE PUBLICATION AND DELIVERY OF THE INFORMATION CONTAINED HEREIN
IS NOT INTENDED AS A SOLICITATION FOR THE PURCHASE OF INSURANCE ON ANY US RISK.
BEAZLEY USA SERVICES, INC. IS LICENSED AND REGULATED BY INSURANCE REGULATORY
AUTHORITIES IN THE RESPECTIVE STATES OF THE US AND TRANSACTS BUSINESS IN THE
STATE OF CALIFORNIA AS BEAZLEY INSURANCE SERVICES (LICENSE#: 0G55497).

info@polecat.com+44 (0) 207 060 1987
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