Zurich has launched a service to help businesses assess and improve their DEI. Berkley has formed a new business to provide excess liability insurance for contractors throughout the construction industry
Zurich Resilience Solutions (ZRS) in North America is launching a new service to help businesses strategically assess diversity, equity and inclusion in their organization and work toward their unique DEI goals.
The Workplace Diversity, Equity and Inclusion Service was created in collaboration with Inclusion Score, which advised on a new global DEI standard issued by the International Organization for Standardization in May 2021.
Using the new standard as a benchmark, ZRS will work with customers to incorporate DEI into every layer of their organizations, including in governance, human resources, product delivery and supply chain.
“Insufficient attention to diversity and inclusion has become a business risk that can have a direct impact both on an organization’s financial performance and its workforce,” said Thomas Fioretti, head of ZRS. “Corporations need guidance when it comes to assessing and enhancing their DEI practices and policies, training their teams to address concerns, and insuring themselves from business risks.”
The new DEI service includes:
Assessment and reporting—ZRS will offer customers a Capability Maturity Model Integration Score that assesses their DEI maturity along with an improvement road map focused on critical areas of need in their business.
Consulting—ZRS Risk Engineers will work with customers to customize recommendations for their unique business challenges and provide ongoing consultation to ensure measures are implemented in accordance with benchmarks.
Services and training—ZRS will assist customers in communicating DEI principles throughout all levels of the organization and follow up with appropriate training to ensure objectives are understood and put into action.
W. R. Berkley Corporation has announced the formation of Berkley Construction Solutions to provide excess liability insurance for contractors throughout the construction industry.
Andrew Robinson has been named president of the new business, effective immediately.
Robinson brings nearly 40 years of experience in the property/casualty insurance industry, with a focus on construction. He comes to Berkley from Starr Companies, where he most recently served as senior vice president of primary and excess construction. He began his insurance career at Travelers in 1983, followed by stints at Marsh and AIG.
“The formation of this new business is a continuation of our efforts to enhance our participation in emerging and dynamic parts of the economy, by bringing talent and expertise to various specialty industries,” said President and CEO Robert Berkley Jr. “Construction is a very important industry focus for Berkley.”