crisis management insurance Archives

From Tweets to Trends: Protect Yourself from Social Media Cancellation

February 4, 2025February 3, 2025 Nordstrom

New Insurance Policy Offers Coverage for Social Media “Cancellation” The concept of cancel culture has burrowed into modern life, leaving many worrying about how quickly an online misstep—or even a baseless rumor—can upend careers, relationships, and financial security. Now, a London-based insurance firm, Samphire Risk, is stepping in with a unique solution aimed at helping individuals manage and recover from the fallout of being “canceled.” This new policy, aptly named “Preempt,” provides resources and support for navigating a reputational storm rather than traditional financial reimbursement. What Is “Cancellation Insurance”? Cancellation…

Liberty Mutual Insurance expands new commercial lead umbrella policy form for mid-sized companies

January 21, 2012January 21, 2012 Julie Campbell

Liberty Mutual Insurance has announced that it has now broadened its new commercial lead umbrella policy form in order to include an endorsement for crisis management in the hopes to provide increased protection for mid-sized organizations against the significant harm that can come from a business crisis. This new endorsement element provides customers with up to 72 hours in which to discover that a crisis has occurred, and then to make their claim, which includes coverage of up to $50,000 for Weber Shandwick support for crisis management. Weber Shandwick, a…