Zurich International Life Ltd (Zurich) has launched a new digital capability to empower financial advisers and investors to manage their Zurich policy investments online. This first-to-market solution provides advisers and their clients with the ability to digitally rebalance investments.

“At Zurich, we want to help our customers better understand the importance of rebalancing their investment allocation and fund holdings,” says Reena Vivek, Chief Operating Officer at Zurich International Life Ltd. “With the Online Portfolio Management facility, they are empowered to have better-informed discussions with their financial advisers and manage their investments online with ease, helping them to achieve their life goals and aspirations. With this new functionality, customers can keep up-to-date with their investments and be empowered to actively manage where their money is being invested to ensure their investments are on track.”

A disciplined approach to rebalancing is important as it can create opportunities for higher investment returns. Rebalancing can help you to consolidate gains over short periods of time, manage volatility and investment risk by keeping a check on your equity vs bond allocation and ensure your investments do not exceed your risk appetite. https://www.morganstanley.com/articles/rebalancing-effect.

''Executing important decisions such as switching funds and deciding on investment choices is now efficient and easy with Zurich launching their on-line switching capability, “affirms Carine Moneyron, Operations Director – UAE, Nexus Insurance Brokers LLC.

ZIO Online Portfolio Management is designed in response to growing customer demand for a new level of transparency, agility and digital capability. Online portfolio management is simple, easy to use, and everything can be done on a smartphone or tablet.

"Delivering on our ongoing commitment to innovation and simplicity, this is yet another step in our journey towards offering more customer-focused solutions,” asserts says Reena Vivek, Chief Operating Officer at Zurich International Life Ltd.  “This new facility will result in a simplified user journey, faster processing and give our distribution partners and customers more control to manage their policies.” 


About Zurich Insurance Group (Zurich):

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 53,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX.


About Zurich International Life:

Zurich International Life is a part of Zurich Insurance Group and fully authorised under the Isle of Man Insurance Act 2008 and is regulated by the Isle of Man Financial Services Authority, which ensures the company has sound and professional management and provision has been made to protect plan holders. Zurich International Life Limited in the Middle East is registered in Bahrain under Commercial Registration No. 17444, is licensed as an Overseas Insurance Firm – Life Insurance by the Central Bank of Bahrain and in Qatar authorised by the Qatar Financial Centre Regulatory Authority. In the UAE it is registered (Registration No. 63) under UAE Federal Law Number 6 of 2007, and its activities in the UAE are governed by such law.


Source: Havas PR ME