Chartis adds reputation risk insurance product to its offerings

Chartis insurance company has announced that it has added ReputationGuard, a reputation insurance product, to its available policies, and that it will help to protect policyholders with the aftermath of threats to their reputation. This policy was developed by the Executive Liability division at Chartis. It provides policyholders with access to crisis communications and reputation professionals and gives them coverage for any costs that are incurred as a result of the impact or possible effect of negative publicity. What they came up with was an innovative new form of coverage…

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Allianz warns that UK’s place in the global insurance market is slipping

Allianz UK, one of the largest insurers in the nation, is warning the government that the insurance industry is a risk of a dramatic loss in business. Britain is currently home to the third largest insurance sector in the world. However, many insurance companies that once called the UK home are now moving to Bermuda and Switzerland, hoping to take advantage of the various incentives those nations offer. Allianz officials say that the issue is no simply what the UK has to offer insurers, but what insurers in the UK…

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