Insurance Products

Zurich launches new global risk service

The new unit is part of a global initiative developed by Zurich to meet ‘growing demand from businesses for risk prevention and mitigation services that enable them to improve their risk profile’

Zurich UK has launched a new risk services unit to “help businesses manage emerging and evolving risks more effectively”. Zurich Resilience Solutions, will provide services that “enhance the overall resilience of a customer’s business and complement traditional insurance products”.

Its offering combines risk advisory services and insights with the use of technology and tools, leveraging data and analytics as well as third-party collaborations. In the UK, the unit will include the risk engineering team and make services available to both current Zurich customers, as well as non-Zurich customers.

The new unit is part of a global initiative developed by Zurich to meet “growing demand from businesses for risk prevention and mitigation services that enable them to improve their risk profile”. It will also support customers across a full range of risks related to their lines of business, from property to occupational health. 

Kumu Kumar, head of Zurich Resilience Solutions in the UK, said: “Customers in the UK want to expand their efforts to avoid risk rather than simply transferring it through insurance. Many organisations suffer from a lack of relevant and reliable data and insights to help them manage and mitigate risk.

“Zurich Resilience Solutions is designed to address this by providing businesses with both insights into the dangers they face, and solutions based on our expertise and unrivalled access to data.  We want to equip customers with the knowledge to tackle challenges before they develop.”

At a global level, Zurich Resilience Solutions will be led by Hanno Mijer, who has more than 30 years of experience in the insurance industry and brings to the role “extensive knowledge and skill in growing businesses and expanding their offerings, as well his international consultancy experience”. 

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