Zurich launches climate resilience service

Following the launch of the Global Climate Change Resilience Services at group level, Zurich UK is now rolling out a full range of services and solutions for its domestic customers (operating locally and internationally) to help them better manage current and future hazards associated with climate change.

Zurich Climate Change Resilience Services combines climate change data, with a company’s global exposure and location data, to develop scenarios of how climate change could impact their operations. The data spans a range of perils, from weather events such as wildfires, windstorms and floods, to climate effects, including temperature and sea-level rises. It also covers a variety of climate scenarios and time horizons from today to 2100, in five-year increments.

Kumu Kumar (pictured), head of Zurich Resilience Services, said: “The increasing frequency and severity of extreme weather is one of the most pressing concerns facing businesses.

“We have invested in new technology and expertise to help customers assess the physical consequences they face from natural hazards and strengthen their resilience to climate-related risks. With global reach, latest data and technology and deep technical expertise, we can help customers identify potential climate vulnerabilities and put in place customised physical and organisational resilience solutions. Additionally, the service supports customers in various sustainability reporting frameworks, such as Taskforce on Climate Change Related Financial Disclosures.”

ZRS is expanding rapidly in the UK, having also launched in the last two years new services for managing cyber, supply chain and employee well-being risks.

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