Climate Risk Desktop Assessment
An in-depth review of the climate hazards and vulnerabilities for your location and assessing the quality of controls you have in place.
Overview
The overall approach includes four steps (preparation, desktop assessment, analysis, and communication) and is designed to deliver high-quality services most efficiently and cost-effectively. It aims to understand the existing situation, current natural hazard risk, and future change of your organisation, and determine the right solutions to help your locations mitigate the risk.
Our risk engineering specialists carry out site-specific high-level scenario analysis of any potential loss events considering global climate projections plus local hazard data and using details of buildings and the value chain. Our risk engineers will also evaluate the quality of your controls, taking into account their availability, reliability, and fitness for purpose for the hazards and exposures that have been identified during the climate risk assessment.
From this assessment we carry out a high-level loss scenario to an initial loss estimate on the potential damage to property or the business interruption, should a climate related event occur. The project's key objective is to increase the climate resilience of the selected locations of your organisation, and our approach is solution-oriented and driven by our deep knowledge of our customer's operations and the location-specific data.
Highlights
Review of available documentation to understand the characteristics of the site and determine criticalities
Identify the hazards and risks each site is exposed to from the desktop assessment
Uses current and future natural hazard exposure data from our Catastrophe Risk Insights platform and other leading data sources
Analyses the hazard exposures to determine how site facilities will be impacted considering unique site characteristics
Final report outlining the methodology, loss estimates, loss scenarios, and mitigation recommendations
Zurich Risk Advisor can help you identify business risks
Our specialists can set up your company account and help you get started
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.