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18 March 2021Insurance

Zurich UK launches new risk services unit

Zurich UK has today launched a new risk services unit to help businesses manage emerging and evolving risks more effectively.

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

The global business unit, 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.

At a global level, Zurich Resilience Solutions is led by Hanno Mijer, who has more than 30 years of experience in the insurance industry. During his career, he has held various leadership positions in Continental Europe, the UK and Australia. Mijer joined Zurich in 2007 and most recently served as CEO of Zurich’s Cover-More Group. Mijer reports to Sierra Signorelli, CEO Commercial Insurance, and is based in Zurich.

Among the services offered by the unit are those Zurich Group has recently launched in the areas of climate change, supply chain and cyber risk management. The unit will also support customers across the full range of risks related to their lines of business, from property to occupational health. Zurich will continue to build the unit’s capabilities by investing in new expertise, services and third-party collaborations.

“This takes our risk advisory and prevention services to the next level,” said Kumu Kumar, newly appointed Head of Zurich Resilience Solutions in the UK. “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.”

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