01 Liability program for an international company
The customer, a major international company with a broad and very diverse product and services portfolio, was having issues with general liability exposures and controls.
In cooperation with the customer, we defined a program of site risk assessments at locations all over the world. The purpose of the work was to assist the customer with reviewing the potential general liability risk exposures and controls on site against the operational and major risk issues identified by the customer in advance of the visits.
Identification and assessment of the key risks of critical activities.
Identification and Development of a customer-tailored risk assessment and reporting approach that allows for comparison of the risk quality of the assessed locations
02 Cyber security action plan for a large company
With an increased exposure to cyber attacks and a high public profile, the customer knows its response to a cyber attack will be played out in public.
Despite having a well-established incident management plan, the customer wanted to test it against an emerging threat that could also damage their reputation. We worked with the customer to understand their IT landscape and how a cyber incident could impact business-critical systems. Using this insight we developed a scenario to test the readiness of the organization and its ability to respond effectively. Incident Teams had to respond in real time to the scenario as it unfolded, including calling on vendors to obtain additional support and identifying the whereabouts of IT assets. Each department’s ability to keep the business running without IT was stress tested and challenged, as was the team’s ability to manage the media, and keep influential and demanding customers happy.
An action plan for the customer to improve their resilience to cyber-attacks and IT failures.
Greater understanding of the specific reputational & technical challenges of a cyber-attack for the customer.
03 Supply chain security program for a large company
A large fast-moving goods company struggled with cargo theft. The thefts resulted in loss of sales and market share. The stolen goods were mixed with counterfeit goods and sold on the black, grey and legitimate markets, thus damaging the brand.
Zurich reviewed the physical flow of cargo to reduce idle time in transport. A sub-contractor management program was rolled out inclusive of transportation requirements. Total supply chain approach training and implementation was undertaken.
Losses stopped, black market sales ended and customer complaints ceased.
04 Property program for company in Central America
The customer, a major food producing company, was having fire protection issues at its facilities.
We carried out a program of 30 property damage and business interruption assessments with a detailed focus on fire protection systems and related testing. This resulted in the proactive management of risk improvement actions and the implementation of sprinkler systems at some locations. In addition, we used My Zurich to enable direct dialogue between our Risk Engineers and local plant managers.
A year-on-year improvement in average risk grading.
A consistent approach to fire protection and an embedded culture around continual risk improvement.
05 International fleet program for company in Europe
The customer’s 40,000 vehicle fleet was experiencing escalating claims frequency and average claims costs.
We held an initial fleet safety workshop with key stakeholders to understand the issue and carried out motor fleet inspections using a consistent risk grading methodology. To help create a crash-free culture, we developed a tailored motor fleet risk management program looking at management processes, driver safety, policies and driver risk assessments. We also provided a dedicated ‘go to’ resource for advice and guidance.
Fleet claims reduced from 34% to 15%.
Average claim costs per vehicle reduced by over 60%.
06 Construction program for a company in North America
A large US-based construction company had safety management issues and growing injury claims incidents.
We applied our cultural gap analysis tool Zurich X-Ray and carried out a series of pre-and post-loss workshops to understand the root cause of the claims. We then developed an integrated risk improvement plan from the top level down.
Increased understanding at a senior level around their key loss drivers.
Improved communication commitment to safety and an accident-free culture.
Products and services vary by country
Because the needs of our customers are different, our products and services also vary around the world. Insurance and financial products and services are provided by licensed members of the Zurich Insurance Group (Zurich). Not all products or services listed are available in all jurisdictions or to all customers. Please contact your local Zurich office for details about the relevant products and services in your country. No warranties or guarantees are being made by Zurich based on statements on this website.