Reinsurance News

Zurich North America launches new risk service

3rd February 2021 - Author: Katie Baker

Zurich North America, a division of Zurich Insurance Group, has launched a new risk services unit in the US intended to provide businesses with advisory services, solutions and tools.

Zurich LogoIn the US it will include the risk engineering team and make services available to both current Zurich customers, as well as non-Zurich customers.

It provides a suite of risk mitigation services, risk engineering assessments and insights on a range of risk topics.

Over the past years, the group has launched new services in areas such as cyber, supply chain management and climate resilience.

Kristof Terryn, Chief Executive Officer of Zurich North America commented: “The insurance industry is changing and so are customer expectations. They are seeking a risk management partner to help them manage emerging and evolving risks.

“With the development of this new global risk services unit, we are making a major investment to expand Zurich’s ability to offer our customers the services, tools and data they need to build resilience in an uncertain world.”

Tom Fioretti, Chief Risk Engineering Officer and newly appointed head of the services unit in Zurich North America added: “Customers in the U.S. and around the globe want to expand their efforts to avoid risk rather than simply transferring it through insurance.

“As a truly customer-led organisation, we continue to increase our risk mitigation and risk recovery products and services for and with our customers and distributors.”

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