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Reputation Risk Insurance: Exercise Your Protection

Reputation Us

It only takes one crisis to permanently harm your company’s image. Risk and insurance professionals are putting increasingly less emphasis on physical assets, and more focus on intangible risks such as cyber threats, business interruption and reputational risks.

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The best way to insure your good reputation is to ensure your good reputation

PR in High Definition

There’s an insurance policy for everything these days – and we mean that literally. Whitney Houston insured her voice, Michael Flatley insured his legs – and America Ferrera insured her smile for $10m in 2007. However, in our industry, reputations are a bit less tangible – but you can nonetheless take out insurance to cover them! According to a study in 2018, reputation represents as much as 41% of the FTSE 100.

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Can your insurance cover the costs of hiring crisis public relations?

Axia PR

Crisis PR is key to a great crisis plan, so make sure your insurance helps you pay for it. When your company is in crisis, you’ll take in many sudden expenses that you’ll have to pay for out of pocket. public relations insurance crisis communications

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Eight Reputation Enhancement Actions to Take in 2023

Reputation Us

As we move toward a new year, ReputationUs encourages keeping your organization’s good reputation at the forefront of your business initiatives. Our annual list of Eight Reputation Enhancement Actions to Take offers guidance for the year ahead. Action 8: Insure Reputation Risks.

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Bad Reputation: The Co$t & Steps To Mitigate Risks

Reputation Us

“An’ I don’t give a damn ’bout my reputation. Joan Jett famously sang candidly about not giving a damn about a bad reputation. But ‘80s rock stars aside—a bad reputation will generally cause a financial hit more than a gain. REPUTATION RISK.

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Bad Reputation: The Co$t & Steps To Mitigate Risks

Reputation Us

“An’ I don’t give a damn ’bout my reputation. Joan Jett famously sang candidly about not giving a damn about a bad reputation. But ‘80s rock stars aside—a bad reputation will generally cause a financial hit more than a gain. BAD REPUTATION EXAMPLE.

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Insurance companies issue COVID-19 credits, Panera offers groceries as H-E-B sells restaurants’ meals, and Google bans Zoom

PR Daily

Also: Dolly Parton reads stories selected from her nonprofit, ‘COVID-19’ is trending downward in news and on social media, social media content during the crisis, and more. Here are today’s top stories: Insurance companies issue refunds and credits. CRISIS LEADERSHIP BOARD.

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Yearlong Crisis Coverage

Reputation Us

A 12-Month Crisis Risk Management Program. If the pandemic and various crises of 2020 has taught businesses anything, it’s the exhausting nature of being in continual crisis mode. Training: Crisis Scenarios and Simulations. Contact Us For Yearlong Crisis Coverage.

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3 Steps for Effective Crisis Communications Management

Onclusive

A communications crisis can be one of the most difficult situations in your career. Crisis preparedness, internal education and having the right tools can aid you before a crisis hits. Here are three steps for effective crisis communications management: 1.

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2020 Reputation Earthquakes: A Preparation Kit for the Shakes, Rattles & Rolls

Reputation Us

Political stakes are high, corporate trust is low (according to a recent Gallup Poll ), consumer confidence in companies to protect them in the event of a cyberattack is waning (according to recent DHM and RepUs study ) and the public relations industry (according to PRNews ) predicts crisis preparations will be a top priority. In other words, there are clear indicators that “reputation earthquakes” are coming this year. 2020 REPUTATION “EMERGENCY PREPARATION KIT”.

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How offering historical context helps in a crisis

PR Daily

Your crisis communications should be able to lean on your past record. Here are some ways to tell that story to help bolster your reputation and build trust. Context proves an organization’s resilience, its ability to navigate rough seas and manage through a crisis.

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#19: Building a framework for reputation management

NewsWhip

Building a framework for reputation management: Christopher Rivera @ Samsung. Christopher Rivera, Director of Reputation & Risk, Samsung Electronics America. Chris Rivera has led as the Director of Reputation & Risk at Samsung Electronics America for more than three years.

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11 Steps For Crisis Management

Prohibition

Any company, big or small, can experience a crisis. According to research, about 75 percent of companies will experience a crisis at some point due to the increasing complexity of modern business and the growth of social media in our fast-paced world. What is Crisis Management?

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Rise in Ransomware Attacks Demands Extra Crisis Vigilance

PRSay

Preparing for these increasingly sophisticated threats and containing the damage when attacks occur requires a level of experience and expertise beyond that of a company’s day-to-day crisis team. Build a dedicated cyber-crisis team.

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Eight Ways a Construction Company Can Manage Damage to its Reputation

Axia PR

This applies to their reputation as well. A bad reputation can undo thousands of hours of hard work. Just like getting contractor insurance to safeguard your construction business, you also need to protect your company’s reputation at all times if you want to stay competitive.

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Measuring risk for ‘scandal insurance,’ Walmart defends gun sales, and yes, pumpkin-spice Spam is a thing

PR Daily

Vulture recently published an article detailing the work of a team of data researchers for startup SpottedRisk, which “plans to sell ‘disgrace insurance’ to entertainment companies and commercial brands, making the risk of celebrity downfall as quantifiable and reimbursable as that of floods and car crashes.”. It’s a fascinating look at risk management and crisis communications.

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Elon Musk’s Twitter Takeover: Lessons for Leaders

Reputation Us

Since taking over Twitter, Musk has put the world on notice that he’s in charge and more changes are coming,” Casey Boggs, president of the reputation and crisis management company ReputationUs, tells The Financial Brand. From the November 28, 2022 issue of Financial Brand.

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5 tips for a successful crisis simulation

PR Daily

This same philosophy applies to crisis preparation. Organizations that adhere to this philosophy are better able to preserve and protect their reputation when the next crisis hits. Most organizations have a designated group of leaders tasked to handle a crisis.

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Three Steps to Successful Crisis Communication

Melissa Agnes

Crisis communication is one of the most important aspects of your crisis management. In fact, whom you communicate with in a crisis, along with when and how you communicate with them, can mean the difference between successful crisis management and crisis management failure. So if this is the case, how can you ensure effective and successful communication with your stakeholders in a crisis? Step 3: Draft and have your crisis communications pre-approved.

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Credit Union Times: CU Crisis Planning Essential

Reputation Us

The Credit Union Times interviewed CU crisis experts, including LT Public Relations ‘s Casey Boggs, for the August 31st cover story (below), “Credit Union Crisis Planning Essential.” ” If your financial institution is in need to safeguard itself and its reputation from potential issues, we’d welcome your outreach: PR@LTpublicrelations.com. Credit Union Crisis Planning Essential. You developed a crisis communications plan?’

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Western Bankers Association Partners with ReputationUs to Elevate Incident Response Program to Address Uptick in Cyberattacks During Pandemic

Reputation Us

Participating WBA member banks in the IRP will receive customized services, including: Cyber insurance policy review and recommendations. Crisis communications plan for data security incidents. Cyber insurance industry updates. Review of crisis communications plan.

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Physician Internet Defamation: How Doctors Can Deal with False Reviews and Protect Their Reputation

Melissa Agnes

Gibson, i nternet defamation attorney at Vorys who works closely with Agnes + Day’s Crisis Intelligence Team. The reality is that most anyone with a computer can cause very serious damage to your reputation: upset customers, ex-employees, ex-business partners, ex-spouses and more. Physicians are particularly vulnerable to reputation attacks for a number of reasons and, unfortunately, face a difficult challenge responding to them because of HIPAA restrictions. By Whitney C.

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What Is Crisis Management And Why Its Important?

Prohibition

Crisis management is something every company needs to implement as part of its business processes. Without a documented plan, how would you handle a crisis? If you think you could never be the victim of a crisis, think again. How do you define crisis management?

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3 ways PR pros can weather a crisis and come out on top

PR Daily

When handled the right way, an outstanding crisis response can repair lost trust, diminish skepticism and bolster the organization’s image for what lies ahead. As the chief communications officer of Clover Health, Jason Alderman uses data analytics and machine learning to help talk about health insurance. An employee should never learn about a crisis by seeing it in the media before they hear it from you,” Alderman says. Crisis Communications

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Your Guide for Data Breach Crisis Communication

Melissa Agnes

How to minimize the risk of a data breach crisis. For example: Do you have a database of your customers, clients, members or other stakeholders’ confidential information (be it their name, social security number / social insurance number, home address, phone number, banking information, etc.)? If your website was hacked, what could that do to your reputation and how could it immobilize you? How to plan for and respond to a data breach crisis. Crisis Preparednes

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Active Shooter Preparedness: A RepUs Blueprint & Training

Reputation Us

Having helped organizations respond to dozens of crises each year, ReputationUs (RepUs)—a global firm specializing in reputation management and crisis mitigation—is internationally experienced in crisis response planning, training and immediate support.

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Ransomware Protection: Don’t Wait Until You’re Infected.

Reputation Us

Their days had been diverted from “business as usual” to crisis management. Cyber Insurance is Partial Coverage. When trying to prioritize spend, one might be tempted to think they can fall back on cyber insurance as an alternative to taking proactive measures.

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5 ways brand managers can avoid a social media crisis

PR Daily

However, brand managers can navigate the sometimes-rocky seas of online interaction and avoid social media crises of their own by following these suggestions: [ RELATED: Make sure your company''s crisis plan is all it can be by joining our crisis communications webcast. ]. Burger King brand managers were quick to respond when its Twitter account was taken over; that response gave the brand a reputational boost on social media.

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How to safeguard your reputation in a crisis

PR Daily

Reputations are won or lost in the moment after a crisis. Whether you win or lose, your reputation is far more within your control than you might think. Crisis is the moment of choice—where your destiny is determined one way or the other. Crisis management is the management of the choices and criteria used to make them. Crisis management is the management of the choices and criteria used to make them. Crisis Response. Five Steps to Handle a Crisis.

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Public backlash, PR crisis continues despite cost concession for EpiPens

PR Daily

The changes will eliminate out-of-pocket costs for uninsured and under-insured patients and families, the news agency reported. Keep your cool in a crisis with these 13 tips. Will Brecht—and Mylan—be able to reverse the damage to its reputation? Communicators at Mylan Pharmaceuticals talk about reactions all the time—allergic reactions, that is.

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New Fronts in Crisis Management

Flatiron Communications

There was a day not too long ago when a growing media storm served as the primary catalyst to spur a company’s crisis team into action. A string of bad stories in and of itself literally defined a crisis. Negative media coverage can still hurt a company, but the fragmentation, politicization and ephemeral nature of news have shifted the impetus for a crisis elsewhere – namely to regulators and attorneys general.

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The Lies We Believe are Risks We Shouldn’t be Taking

Reputation Specialist Michael Toebe

What if that “loyalty” to lies becomes our reputation? In addition, we create circumstances for greater likelihood of a downfall, through poor behavior choices, badly damaged trust, broken relationships and in some instances, scandal or crisis. “A Steven Furtick.

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Our Team

Reputation Us

In addition to developing and editing content for RepUs, she works with the team to provide strategic planning and ad hoc support for clients seeking to enhance , protect and defend their valuable reputations. At LTPR, she wrote and edited a broad range of public relations and crisis communications materials for national financial, health care and shipping organizations. Casey Boggs. President. Jennifer Holzapfel-Hanson. Content Manager. Judith M. Hutchison. Director. Michele Houck.

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Why Marketing Pros Should Care About the Dark Web

David PR Group

But after researching online reputation issues for my new book How to Protect (Or Destroy) Your Reputation Online , I can say with absolute certainty that marketing professionals who ignore the deep web and the dark web do so at their organization’s or their client’s peril. I spoke with several commercial insurance executives recently who told me that cybersecurity is the number one rising threat to businesses around the world.

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Thousands of brands’ ads found on sites with COVID-19 misinformation, Facebook labels UK climate change posts, and job listing language leads to museum’s leadership change

PR Daily

If your organization won’t take an honest, hard look at its current actions, sincerely apologize and commit to meaningful actions and change, don’t expect the crisis communications and reputation building efforts to find much success. CRISIS LEADERSHIP NETWORK.

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Instagram boss defends podcast interview, how testing can reduce COVID-19 risk, and Latinx workers share about the impact of colorism

PR Daily

The letter is just the latest example of how companies are trying to bolster employer reputations and woo new workers in a competitive market. However, they might not be the best venue for your crisis communications response. GM extends shutdown for Chevy Bolt as battery crisis lingers.

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Doordash hails new investment in workers, how Gen Z uses LinkedIn, and Elle Magazine pledges to go fur free

PR Daily

These roles will include traditional benefits like medical, dental and vision insurance. By focusing on trust, LinkedIn hopes to distinguish itself from other social media platforms like Facebook that are currently experiencing public reputational crises. CRISIS COMMUNICATIONS.

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List of winners: PR Daily’s Media Relations Awards

PR Daily

Pugh & Tiller PR: Raising Awareness for ProNavigator, the Google for Insurance. IMA Financial Group: Who will insure the metaverse? Daniel Zielinski: Insured Retirement Institute. Crisis or Reputation Management Campaign.

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Why and how companies are turning to brand journalism

PR Daily

Jennifer Miller, former managing editor of the Boston Herald, has the same role at Coverage , the insurance provider’s news service. As newsrooms shrink and media relations opportunities evaporate, more organizations are creating their own storytelling outlets.

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McDonald’s CEO apologizes for lack of empathy, consumers absolve retailers of supply chain blame, and American Airlines increases holiday pay

PR Daily

Additionally, the crisis is a reminder of how private messages often find their way into the public record. The insurer, which has long used the Green Bay quarterback in its marketing, did not provide detail about its plans regarding Rodgers or the status of the relationship. “It

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