Why AI may be good for the insurance industry
Concerned about the use of artificial intelligence? The reality is that humans will always play a crucial role in helping customers manage their risk.
Private equity insurance is both commercial insurance products and risk mitigation and claims services customized to the needs of the private equity firm’s portfolio of companies. These products and services are built to protect against a wide range of risk exposures that can lead to litigation and/or losses. Although private equity firms can gain substantial benefits when acquiring portfolio companies, those acquisitions sometimes come with potential risks, such as lawsuits, regulatory challenges, reputational damages and vulnerability to a changing investment climate.
Insurance solutions designed and delivered with the speed, accuracy and response that fast-moving private equity deals demand can help private equity firms mitigate potential risks, allowing them to focus on the complexities of managing their diverse business operations.
Zurich’s dedicated and experienced team of Private Equity insurance specialists understands the business and the need for speed that effective deals require. Private equity firms today operate in an increasingly complex and competitive marketplace. Executing mergers and acquisitions (M&A) in this environment means dealing with a multitude of economic, legal and regulatory challenges while moving with the speed and agility that such deals demand. Zurich has the necessary efficiency and expertise to deliver on these complex risks and emerging issues to help mitigate their potential impacts on your firm and portfolio companies.
Zurich's Private Equity professionals provide access to a comprehensive suite of insurance solutions encompassing property, casualty, liability and captive products and services. Zurich can deliver solutions and services to the entire portfolio of companies — protecting capital assets with the continuity and breadth of a unified risk management strategy that covers all the bases.
Zurich has a broad appetite for different industries and has built expertise around many. Below are just some examples of the breadth of knowledge and expertise that Zurich has built around an industry-focus approach, meeting the needs of companies that have complex risks and require insurance products and solutions that will meet their specific needs.
Concerned about the use of artificial intelligence? The reality is that humans will always play a crucial role in helping customers manage their risk.
Working with local fire officials and removing combustibles on and around properties can help to protect businesses and their employees from wildfires.
Companies need to take specific actions 48 hours and 36 hours before a major windstorm makes landfall for an effective hurricane preparedness plan.
(*Ratings current as of March 19, 2021)