GIB - CGI collaborates with Munich Re's Risk Management Partners to help insurers reduce claims and increase profits through climate risk mitigation | Benzinga
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PARIS, July 3, 2024 /PRNewswire/ - CGI (TSX:GIB) (NYSE:GIB), one of the world's largest business and IT consulting services firms, is partnering with Risk Management Partners, a unit of Munich Re, the world's leading reinsurer, to help insurers reduce claims, increase profits, and drive long-term value through climate risk mitigation.
This partnership will combine Munich Re's Location Risk Intelligence Platform with CGI's climate risk mitigation offerings to help insurers minimize the impact of climate change on their business models and profitability. Faced with increasing claims, insurers must deal with climate-related risks and challenges, all within an ever-changing and complex regulatory framework.
"CGI has developed a broad range of offerings focused on monitoring and helping insurers anticipate and address the impacts of climate change, from assessing risks and damage from natural events to implementing practical strategies that turn potential risks into strategic advantage," said Benoit Leboucher, Senior Vice-President Consulting Services at CGI. "This collaboration will contribute to a more sustainable, resilient and profitable insurance industry, notably ...