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In an increasingly competitive economy, most global companies outsource much of their manufacturing to a network of external suppliers or licensees. While many of these companies have implemented some degree of ethics and compliance programs and training, a recent survey by Integrity Interactive of over 100 of the Global 2000 companies shows that 78% have not extended these programs and practices to their supply chain – creating a significant risk to the financial health and reputation of these enterprises and to their stakeholders.
The clients who engage Steel City Re to provide advisory, risk forecasting, or risk transfer solutions are led by executives concerned about reputational perils in their business networks and striving to become superior financial stewards of their intangible assets. These executives seek intangible asset finance management solutions to increase, protect, and recover the value of their intellectual properties and "reputational" intangibles relating to quality, integrity, security and safety.
Advisory and Forecasting Services utilize consultants and a web-based technology platform to deliver diagnostic, training, and compliance monitoring solutions to drive commercial network-wide behavior conformance with a client’s chosen business process standards. Strategic advisory services are designed to transform a client into a superior intangible asset financial steward, gain visibility and control over their commercial networks, and drive progressive changes in behavior that conform to the client’s desired business process standards for ethical sourcing, environmental sustainability, ethics, integrity, intellectual property, safety, security, etc.
Insurance Services employ financial and legal instruments and other standard insurance industry loss-control methods to create material consequences for non-conformance. The insurances have multiple business roles. For the directly insured member of a client’s business process network, they both help assure compliance and transfer financial risk. For the client at the center of the business process network, these insurances help communicate an intent to drive conformance throughout its commercial network and to differentiate itself from their competitors.
Steel City Re’s founders understand that global aspirations for environmental sustainability, ethical sourcing, quality and integrity can be realized only when corporate actors can enforce behavioral change and measure positive financial results. Steel City Re’s axiom; Say it, Do it, Measure it – reflects our commitment to that goal.
Interested? Show us you have the instinct and desire to help our clients become superior financial stewards of their intangible assets. Contact Steel City Re at