Sumitomo Chemical and MS&AD Insurance Group Holdings announced that they will jointly develop a service to support corporate risk assessment and mitigation. The announcement was disclosed in a release dated the 27th.
Sumitomo Chemical, a major chemical company, announced that it will work with MS&AD Insurance Group Holdings to begin jointly developing a service aimed at assessing and mitigating risks for companies.
The companies are expected to pursue the provision of an integrated solution combining the assessment of risks faced by companies with proposals for mitigation measures.
The article does not specify figures such as the timing of the service's launch or its fees, but the collaboration between the two companies could strengthen their initiatives in the corporate risk management field.