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Zurich UK and Riskonnect announce strategic collaboration

18th May 2022 - Author: Jack Willard

Zurich Resilience Solutions UK – part of leading insurer Zurich UK, has entered into a collaboration with leading integrated risk management software solution provider, Riskonnect.

Zurich LogoThe alliance will provide Zurich’s customers in the UK with access to Riskonnect’s Risk Management Information Systems (RMIS), Enterprise Risk Management (ERM), and Health and Safety solutions through a joint technology offering.

Riskonnect’s risk management solutions bring together all forms of risk, insurable and non-insurable, from across an organization into one place. In a press release, it states that this will give Zurich’s customers greater insights into the risks they face, ultimately helping them to make more informed decisions that will reduce risk and costs.

As a leading multi-line insurer that provides a wide range of property and casualty and life insurance products, Zurich’s collaboration with Riskonnect drives both organizations’ growth objectives, positioning Zurich to expand its risk-related solution offerings and Riskonnect to further penetrate the European market.

Kumu Kumar, Head of Zurich Resilience Solutions, Zurich UK, said: “Our collaboration with Riskonnect will equip our customers with actionable insights into the strategic and operational risks they face across their business. Today’s complex risk landscape increases the need for technology that delivers real-time visibility into exposure and helps teams confidently manage risk. Riskonnect is widely recognized as a market leader, and we look forward to working with the team to support our customers.”

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Jim Wetekamp, Riskonnect’s CEO, added: “Companies of all sizes are realizing the urgent need for a complete view of risk. We’re excited to help make that a reality for more organizations worldwide with a global leader like Zurich that shares our vision of IRM. Zurich will be a terrific partner and help Riskonnect reach the middle market and accelerate our presence throughout Europe and beyond.”

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