Zurich’s risk management methodology is a process of continuous improvement that starts with risk identification. We take into account a number of factors to assess and grade your exposures so you can prioritise and manage your risks. Our team of risk engineers work in partnership with our global customers, often over many years, to build up a wealth of in-depth knowledge and insights. This allows us to provide the best advice to help you protect your business by making more informed investment decisions around your risk management strategy.
Zurich's Risk Assessment methodology
To manage your risks, you must know your risks.The Zurich Hazard Analysis (ZHA) is a powerful method for systematically identifying and managing all types of risks. ZHA has been successfully applied for over 20 years in various industrial sectors, ranging from heavy engineering and electronics to the chemical/pharmaceutical and food and beverage industries as well as service industries such as banking and insurance, and the public sector.
Zurich's Risk Grading
We grade your risk using our core risk assessment tool Zurich Risk Grading, which allows benchmarking between a customer’s sites and global industry peers. There are separate gradings available for property fire, business interruption, machinery breakdown, theft and a range of natural perils. In addition we have specific industry gradings for mining, power generation and oil or petrochemical risks.
The consistent risk grading methodology supported by our Risk Engineering reporting platform allows us to provide further insight in terms of industry and geographical benchmarking.
Fatigue Risk Management
Zurich Risk Engineering, in partnership with InterDynamics, have developed a Fatigue Risk Management System to help our customers manage the risks associated with fatigue.
Z Fleet Navigator
A powerful and secure web-based claims reporting and analysis tool that revolutionises the way customers manage their fleet’s risks, ensuring it is kept on the road.
Zurich Fleet Intelligence
As one of the largest fleet insurers in the world, we have combined our in-depth understanding of fleet insurance, operations and fleet Risk Engineering, to create a unique solution called Zurich Fleet Intelligence.