{"id":207467,"date":"2023-01-17T12:04:57","date_gmt":"2023-01-17T12:04:57","guid":{"rendered":"http:\/\/taiwannewswire.com\/?guid=1e7a559e7e99b21f4e5eacdb59b1b921"},"modified":"2023-01-17T12:04:57","modified_gmt":"2023-01-17T12:04:57","slug":"munich-re-upscaling-human-rights-due-diligence-using-verisks-esg-risk-analytics","status":"publish","type":"post","link":"https:\/\/taiwannewswire.com\/munich-re-upscaling-human-rights-due-diligence-using-verisks-esg-risk-analytics\/","title":{"rendered":"Munich Re upscaling human rights due diligence using Verisk\u2019s ESG risk analytics"},"content":{"rendered":"
\n

LONDON, Jan. 17, 2023 (GLOBE NEWSWIRE) — Munich Re,\u00a0a leading global provider of reinsurance, primary insurance and insurance-related risk solutions, has selected Verisk\u2019s global risk analytics business, Verisk Maplecroft, to help it enhance human rights due diligence across the entire enterprise.<\/p>\n

Using Verisk Maplecroft\u2019s world leading Human Rights Risk Indices, which identify exposure to 31 civil, political and labour rights risks at national and subnational levels in 198 countries, Munich Re will upscale its ability to undertake global operational risk assessments, alongside factoring the data into its underwriting and investment decisions.<\/p>\n

\u201cMunich Re has always been committed to observe its duty of care on human rights along the value chain and has strived to prevent potential adverse impact on human rights arising from its business operations,\u201d says Silke Jolowicz, Head of Sustainability at Munich Re. \u201cTo meet our strong internal requirements and the increasing legal obligations facing global business today we have decided to work with Verisk Maplecroft whose data will help us achieve these aims.\u201d<\/p>\n

Verisk Maplecroft has been measuring and analysing human rights risks for over 15 years. Its Human Rights Dataset is the only structured set of analytics covering the full range of rights the world over and is recognised as the benchmark for excellence in assessing these risks. The data has long been used by multinationals managing human rights risks in their operations and supply chains, and by asset managers and banks assessing and addressing their human rights risk exposure across complex global investment and lending portfolios. Adoption by insurers is the next step.<\/p>\n

\u201cAs sustainability and ESG continue to quickly move more central into insurer\u2019s strategic and operational thinking, we\u2019re seeing increased attention from companies in the sector into how they can better manage human rights due diligence processes and wider ESG issues, such as climate change,\u201d says Verisk Maplecroft President Matt Moshiri. \u201cMunich Re is one of the first movers in this space and we are delighted to be working with them in their efforts.\u201d<\/p>\n

About Verisk Maplecroft<\/b><\/p>\n

As organisations strive to understand and adapt to a fast-moving world, Verisk Maplecroft empowers them to put the environment, human rights and political risk at the heart of their decision-making. We do this by providing unparalleled intelligence on sustainability, resilience and ESG \u2013 stitching together these disparate issues into an interconnected global view, built upon objective insight and data. By thinking \u2018big picture\u2019 we capture what matters most to our partners; making positive outcomes possible in a time of change; helping people, business and societies become stronger; creating value with values. Verisk Maplecroft is a Verisk business (Nasdaq:\u00a0VRSK<\/a>).<\/p>\n

For more information visit: www.maplecroft.com<\/u><\/a><\/p>\n

About Verisk <\/b><\/p>\n

Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by\u00a0Great Place to Work<\/u><\/a>\u00a0and fosters an\u00a0inclusive culture<\/u><\/a>\u00a0where all team members feel they belong. For more, visit\u00a0Verisk.com<\/u><\/a>\u00a0and the\u00a0Verisk Newsroom<\/u><\/a>.<\/p>\n

About Munich Re<\/b><\/p>\n

Munich Re is one of the world\u2019s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage \u2013 from the 1906 San Francisco earthquake through Hurricane Ida in 2021. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies or cyber risks. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world\u2019s most sought-after risk partners for businesses, institutions, and private individuals.<\/p>\n

Media contact:\r\nJason McGeown\r\nSenior Director \u2013 PR\r\nVerisk Maplecroft\r\nE: jason.mcgeown@maplecroft.com<\/a>\r\nT: +44 (0) 7768 789567<\/pre>\n
GlobeNewswire Distribution ID 8729805<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
LONDON, Jan. 17, 2023 (GLOBE NEWSWIRE) \u2014 Munich Re,\u00a0a leading global provider of reinsurance, primary insurance and insurance-related risk solutions, has selected Verisk\u2019s global risk analytics business, Verisk Maplecroft, to help it enhance human rights due diligence across the entire enterprise. Using Verisk Maplecroft\u2019s world leading Human Rights Risk Indices, which identify exposure to 31 [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"yoast_head":"\nMunich Re upscaling human rights due diligence using Verisk\u2019s ESG risk analytics - Taiwan Newswire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taiwannewswire.com\/munich-re-upscaling-human-rights-due-diligence-using-verisks-esg-risk-analytics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Munich Re upscaling human rights due diligence using Verisk\u2019s ESG risk analytics - Taiwan Newswire\" \/>\n<meta property=\"og:description\" content=\"LONDON, Jan. 17, 2023 (GLOBE NEWSWIRE) \u2014 Munich Re,\u00a0a leading global provider of reinsurance, primary insurance and insurance-related risk solutions, has selected Verisk\u2019s global risk analytics business, Verisk Maplecroft, to help it enhance human rights due diligence across the entire enterprise. 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