Envision Re, Ltd., will bring together businesses that want to optimize their risk management programs while reducing their carbon footprint.
SCHAUMBURG, Ill., Jan. 10, 2023 /PRNewswire/ — A groundbreaking group captive insurance company, Envision Re, Ltd., is bringing together companies from diverse industries that share a common interest in not only optimizing their risk management programs but also in advancing sustainable business practices. Zurich North America, a global insurance leader in resilience and sustainability initiatives, collaborated with Innovative Captive Strategies (ICS) to create Envision Re, Ltd.
“Envision Re’s sustainability lens is unique in the group captives marketplace,” said Dawn Hiestand, Head of Group Captives at Zurich North America. “The Envision Re captive will provide the usual advantages of a member-owned, Zurich-fronted captive, offering companies greater control of their auto, general liability and workers’ compensation risk management programs, with the added value of services and support for members’ individual sustainability objectives. These companies will have access to innovative sustainability-oriented services from our risk engineering unit, Zurich Resilience Solutions, as well as the ability to share best practices with like-minded companies in the captive to help each of them make progress on their respective goals.”
The difference begins at member vetting. Prospective members…
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