ACE launches MENA reputational coverage
ACE Group has launched a new product designed to help companies across the Middle East and North Africa (MENA) region effectively manage their reputational risks.
A recent study conducted by ACE with businesses across 15 countries, including several within the MENA region, found that 92 percent of companies believe that reputational risk is the most challenging category of risk to manage.
Image Protect has been designed to address this concern by providing cover to protect businesses financially, should an accident happen that injures their customers, other visitors or staff on their premises or any other covered location.
Steve Dixon, managing director for ACE in MENA, said: “In today’s highly connected, 24/7 news-cycle world, reputational risks are a key source of concern for MENA companies as they can cripple their most valuable asset: their image. This can be a particular challenge for those with premises or facilities that are frequently visited by the public, and those who may not have the in-house resources they may need to deploy in case of an incident.
“ACE Image Protect provides companies in MENA with the support and confidence they need in order to deal with a range of incident-related reputational risks.”