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6/23/2018, 9:11 PM (Source: TeleTrader)
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Allianz's AGCS rolls out insurance for reputation

Companies that fear fallout from a potential scandal and tweetstorms are getting more options for protection, DPA wrote on Saturday and reported Allianz Global Corporate and Specialty, or AGCS, is introducing a reputation protection product. The subsidiary of the German insurance and asset management giant is mirroring the strategy of Munich Re and competitors from the United States and offers a way to hedge revenue loss, together with crisis management solutions.

The comprehensive approach was adopted to tap on a rising share of corporate entities where leadership is concerned about risks to reputation, Allianz SE's survey results indicate.

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