Risk management – in five steps

Risk Management

In everyday private and business life, risks are often not perceived comprehensively. This frequently results in bad experience and late comprehension. This is not a matter of course: risks should be mastered periodically and systematically. It is important to actively establish risk awareness, be it in the private or professional area. Practical experience has shown that natural hazards, such as floods, storms and mudflows, are underestimated or not considered at all.

Mastering risk typically follows a control cycle of five process steps:


1 Risk awareness aims to make people aware of the risks to persons, property, the environment, assets and profits. The risk management process begins as soon as safety and security are perceived as a corporate policy issue and as a routine task in the day-to-day management of business.

2 Hazard identification is the process of recognizing the actual potential causes and consequences of risks within the company.

3 Risk analysis involves the assessment and evaluation of the identified risks.

4 Risk handling includes the planning and implementation of measures based on cause and effect that can be used to mitigate or finance the risks.

5 RM controlling/feedback is the control element which makes use of system-specific and risk-related experiences for the process itself.

Natural hazards radar

Protect your property against natural hazards

With the Zurich Radar for Natural Hazards, you can conduct a solid site and property analysis for your real estate. This tool is based on the cantonal hazard maps and hazard index maps as well as the maps issued by the Federal Office for the Environment (FOEN). In addition we provide specific tips on how you can protect your real estate inexpensively and sustainably against natural hazards. Every Swiss franc you invest saves between six and ten Swiss francs in subsequent costs.