Zurich's Enterprise Risk Management (ERM) solutions can provide assistance in achieving a broad view of the entire risk portfolio, which can help you improve your profitibility and reduce the total cost of risk. We have a robust internal ERM program, and the methodologies and tools are well refined.
Total Risk Profiling® (TRP) is a workshop-based process of risk identification, prioritization and management that addresses strategic risks. Zurich can lead teams through the TRP process to help enhance the communication of significant risks within the company. We also offer proprietary Zurich Velocity™ ERM software, which features functionality and flexibility to help manage risks in the most logical way for businesses in various industries. Finally, our Risk Engineers can deliver an ERM diagnosis, rating the program against internationally recognized COSO and ISO standards and providing a tangible path to success.
A resilient business navigates uncertainty effectively by anticipating surprises, recovering from disruption and leveraging emerging opportunities. Zurich supports its customers in these efforts through a structured approach to analysis of disruptive events and risks. A Supply Chain Risk Assessment service can help you assess financial and interdependency information to evaluate potential loss scenarios. A customized business Business Impact Analysis by experienced Risk Engineers using BI modeling software can provide insight into the financial impact of a loss, and enable more comprehensive contingency planning.
Finally, Zurich's Risk Engineers can help support a proactive business continuity plan by identifying gaps, enhancing communication strategies and exploring risk transfer options.
Zurich’s Climate Initiative takes a market-based approach to addressing the risks that we and our customers face from climate change. Our initiative consists of an internal Climate Office responsible for Zurich’s global climate change strategy, a Climate Change Advisory Council to advise Zurich’s management, and an Applied Research Program with organizations and institutions.
Risk Engineering is developing solutions to help our customers manage these emerging risks. For example, controlling fuel costs and carbon footprint are huge challenges for most organizations that operate vehicles as a part of doing business. Governments, customers, employees and society often expect an organization to demonstrate its commitment to reducing the impact on the environment. Zurich Fleet Intelligence was developed to help solve these problems. We combine world leading telematics technology with driver development and management tools to help improve performance.
With the increasing costs of energy and the public’s growing awareness of our impact on the environment, many corporate and private citizens seek to reduce their energy usage and improve their sustainability initiatives, resulting in the emergence and continued growth of the green building industry. However, as with any new industry, new processes and technologies leads to new risks. Zurich can assist our customers in avoiding or mitigating these risks.
We have a team of Risk Engineers who are LEED™ Accredited Professionals, knowledgeable in the processes of sustainable design and construction. We are actively engaged in the green building industry. We can offer guidance for those customers interested in building green, whether a LEED™ certified green building or other, or implementing green processes and programs to improve their environmental footprint.
Furthermore our staff of Certified Industrial Hygienists can provide indoor air quality baseline testing, one path to Indoor Air Quality credits within LEED™.
Visit Zurich's Go Green web site to learn more.