Steel City Re, a provider of parametric reputation risk insurances and advisory services, has appointed Denise Williamee as vice president of corporate services, where she heads client relations and education for integrated reputation groups. Williamee’s broad experience in the legal industry includes serving as a deputy clerk for US Magistrate Judge Joseph Miller, as well as working on a range of civil and criminal litigations and conducting a variety of investigations on behalf of clients, especially in the financial and healthcare sectors. Previously, Williamee founded and operated a multi-location, full-service private investigations firm and served as the president of the Alaska Investigators Association. Commenting on Williamee’s new role, Kir Kossovsky, CEO of Steel City Re, says: “Denise Williamee’s extensive experience in legal market business development and her professional investigative expertise will be invaluable to advancing our reputation risk advisory and underwriting work.” He continues: “One of her key duties as vice-president of corporate services will be to bring our reputation risk solutions to the attention of corporate counsel, two-thirds of whom reported in a recent survey that reputation risk had fallen under their purview.” In a reputational risk feature in Captive Insurance Times in July 2020, Williamee highlighted that risk managers desiring to finance reputation risk within a captive and/or reinsure face three practical quantitative challenges – frequency, severity, and triggers – where the consequences for error invite heightened regulatory scrutiny.
