“Reputational damage takes little time to occur, but it takes a long time to regain your reputation” Second Chance’s CEO states. We couldn’t have said it any better ourselves. Baltimore’s nonprofit Second Chance, now-dismissed lawsuit caused almost a 15% decrease in donations since the suit was filed in 2017. Reputational Risk is something all business owners face. With a few simple clicks our customers can write a scathing false review causing sales to drop. When falsely accused, Oxford’s Actual Net Loss Policy’s coverage, Reputational Risk could step in and help a company recover lost revenue or expenses associated with re-instating the company’s good name.
If you have a client that could benefit from this type of coverage, reach out to an Oxford Risk Management Consultant today. 410.472.6490
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