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If P&C Insurance maps risks to the Baltic Sea as a part of client’s risk management
If P&C Insurance has committed to introduce a Baltic Sea perspective to Liability Navigator, a risk tool to conduct risk assessments in its client’s risks. The tool surveys 11 different risk areas, regarding also deteriorated state of the environment and the extreme weather phenomena.
The tool for companies risk management is based on an interview and several questions of the company management. Liability Navigator tool helps insurance clients to identify, assess and manage their risks, also for The Baltic Sea and the environment. The results are used to develop clients’ operations in a responsible way with the help of If’s specialists.
If P&C Insurance has already started the work of introducing new, specific Baltic Sea questions to the tool. Reporting on first results can be expected in 2015.