At Zurich, we have a strong business plan for 2025-2027 and accelerating our Retail business is integral to us winning in the market. Looking ahead, our focus will be to establish standards for Retail Excellence and strengthen our core capabilities, prioritizing where we can deliver the greatest impact: Underwriting, Pricing & Portfolio Analytics, and Claims - this involves enhancing technical capabilities, improve customer experience, establish best-in-class global claims standards, and deliver meaningful customer and financial impact.
Zurich's claims teams are accountable for ca.8m new claims per annum, across 22 diverse markets. Retail claims represent more than 75% of total claim volume and nearly half of the claim spend.
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