Zurich Resilience Solutions, the commercial risk advisory and services unit of Zurich Insurance Group, has announced that it will become the preferred supplier of resilience and sustainability services to the Worldwide Broker Network (WBN), the world’s largest independent broker network.
The Zurich Resilience Solutions offering will be available to all WBN members, with an initial focus on addressing risks related to climate change and diversity, equity and inclusion.
“As insurance capacity for certain risks becomes scarce, companies are increasingly turning to us for risk prevention and mitigation services that enable them to manage evolving risks more effectively,” said Hanno Mijer (pictured above), global head of Zurich Resilience Solutions. “Collaborating with WBN will significantly expand our reach and help us strengthen awareness of the importance of building resilience to emerging risks.”
“Zurich Resilience Solutions’ offering is unique in the marketplace, and we are delighted to be able to make their services available to our broker community,” said Olga Collins, CEO of WBN. “Resilience is critical in the current market environment and cannot be achieved through traditional risk transfer. Working with Zurich and leveraging their global capabilities will enable our members to better support our customers on these important issues.”
Climate change is making natural disasters such as storms, floods, droughts and wildfires more frequent and severe. Zurich’s climate change resilience services can help customers better prepare for current and future physical risks associated with climate change, significantly reducing operational downtime after an event, the company said.
Insufficient attention to diversity and inclusion is also becoming a more severe business risk, impacting organizations’ financial performance and workforces. Zurich helps businesses to strategically assess DEI in their organizations and work to meet recognized standards and their individual goals.