Large Loss Lessons Learned

An important part of Zurich’s commitment to customers is helping them evaluate and understand their risk landscape and take action to prevent loss. Zurich actively and continuously monitors key risks to help identify trends and emerging exposures, including analysis of risks with the potential for significant financial and reputational impact.

Large claims can be found in almost all lines of business, including auto and general liability, employment practices, and in vehicle recall-related incidents. After completing an in-depth analysis of recent large claims, Zurich engaged risk management specialists to provide an assessment for each claim type and offer guidance for reducing exposure and preventing similar losses.

To glean insights from our Large Loss analysis and learn about actions you can take to mitigate large loss risks, watch Zurich’s Large Loss Lessons Learned webinar.

During this webinar, Zurich’s Head of Standard Retail and Rental, Craig Davidson, and Risk Engineer Executive, Daryl Allegree, provide:

  • An in-depth look at actual large loss claims
  • The potential financial impact of each claim to the dealership
  • Lessons that can be learned from each type of claim
  • Actions that can be taken to help you avoid the same type of exposure
  • Loss prevention/risk management resources to help you manage or avoid certain exposures

In addition to the webinar, large claim profiles were created to build awareness of specific types of risks that could potentially be prevented or at least limited if action is taken.

Large Loss Lessons Learned profiles

Demo Vehicles 1

Demo Vehicles 2

Harassment - Discrimination

Inexperienced Drivers

Loaner Agreements

Technician Training and Selection 1

Technician Training and Selection 2

Vehicle Recalls

Zurich continues to monitor large claims and share insights with dealers. Visit Zurich’s automotive resource hub for these insights and all auto dealer risk management tools.