The CEO of AC client Steel City Re, Dr. Nir Kossovsky, is quoted extensively in the Risk & Insurance article: Scandals Coupled With Social Media Prove To Be Existential Threats.
Nir Kossovsky, the CEO of AC client Steel City Re, writes a guest article for Risk & Insurance that describes the lasting going-forward effects of reputational crises, as seen with United Airlines.
“Our data, which shows that the frequency and severity of economic damages connected to reputational injury increased by 461 percent over the past five years, also suggests that the real effects of that damage may take up to 13 weeks to first become evident and another 20 weeks to set in. So, UAL’s disappointing results, months after their reputational incident, are completely in line with the after effects of other corporate reputational events.”
Reputation’s Going-Forward Effects
Nir Kossovsky, the CEO of Steel City Re, an AC client that analyzes the reputational risk of public companies and their boards for investors and insurance purposes, writes a guest article for Risk & Insurance that draws parallels between the current reputational crisis at Wells Fargo and the CTE crisis faced by the NFL.
How Many Blows to the Head Can Wells Fargo Take?
