Fund to promote the prevention of natural hazards

As part of its global "Forces of Nature" strategy, the ECA has set up a fund to promote prevention. This enables it to contribute financially to study costs and protective measures. We supported the ECA in implementing the fund.

The fund aims to identify risks and act in a risk-oriented manner. Although the self-declarations of insured persons for financial participation are given priority (reactive approach), special attention is paid proactively to cases of "recurrences" and major risks, both in terms of the protection of persons and the insured assets. The long-term goal here is to ensure that the recommended protective measures enable a high return on investment with a good cost-benefit ratio. We supported the ECA with data analyses on existing risks, strategies and indicators for portfolio management as well as with the identification of protection measures with a high return on investment.

Our services

  • Supporting the ECA in the implementation of the development fund.
  • Evaluation of data, identification of risks (gravitational and meteorological natural hazards)
  • Development of strategies and indicators for portfolio management, identification of measures with a high return on investment
  • Specific methodological proposal for dealing with meteorological hazards (concept of relative vulnerability and artificial intelligence)

Client

Insurance institution against fire and forces of nature of the canton of Vaud

Industry

Banking / Insurance

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