Flood Risk
Organisations need to ensure that correct property sums insured are declared to their insurers to avoid over or under insurance
Overview
Climate change means flood events are more likely to increase in frequency, intensity and duration. Flood resilience is crucial for organisations preparing for climate change in the UK. A flood response plan can help a business prepare for a flood by planning how to reduce the impact. Zurich Resilience Solutions and Previsico can help you build resilience and protect your people and organisation.
A Flood Response Plan provides a detailed list of the actions an organisation needs to take to reduce the impact caused by a flood event. A bespoke and robust flood response plan increases and organisations resilience to flood risk, therefore reducing the risk of flooding. The plan includes an overview of the flood risk posed to the site, identifies trigger levels using the national warning service and historical local river level gauge data, provides a step-by-step list of actions to undertake and identifies who is responsible for these actions.
Highlights
Flood Response Plans – A bespoke emergency response plan for flood events to detail a site’s actions before, during, and after a flood event, in order to reduce property damage and business interruption.
Portfolio Analysis – A flood risk analysis of your portfolio to identify exposure and rank the level of risk posed to your assets.
Desktop Assessment – A desktop review of flood related data to identify hazards, vulnerabilities and a preliminary review of control measures at your locations. Includes a calculation of loss estimates and recommended risk improvement solutions.
On-Site Evaluation – A site specific flood assessment and detailed review of the sites vulnerability control measures. Includes calculation of loss estimates from on-site data, and also tailored risk improvement solutions to help protect your site.
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Related Solutions
Solution Provider
Zurich Resilience Solutions (ZRS) was created to address a rapidly changing risk landscape, with a new, truly holistic approach to supporting your risk management and helping you to build your resilience. Combining our close relationship and in-depth knowledge of your operations with our industry expertise, ZRS is a key exponent of our promise to build a brighter future together, with existing and new customers.
You do not need to be insured by Zurich to benefit from our solutions.
Our risk engineers and consultants design and deliver solutions for customers across a range of industries and global locations to help organisations identify and manage risk exposures. Tailored to your organisation and working with you, we build a package of services to help you best manage your risks and build resilience. In addition, we partner with specialist third parties to ensure you are working with the most in-depth expertise.