Flooding has long been the costliest natural disaster in the US, exemplified by events in South Carolina and the Midwest in late 2015. But nature’s fury goes beyond floods: earthquakes, hurricanes, tornadoes, wildfires, and winter storms all take their toll. And they continue to drive risk mitigation, management, and financing strategies. Our property risk insurance, analytics, risk management, forensic accounting, and claims advocacy experts provide a range of pre- and post-event services that enable you to assess, manage, respond, and recover from a natural hazard wherever it strikes.
Natural Hazards Planning and Recovery
Spotlight
Heightened geopolitical tensions affect how multinational companies make investment and capital deployment decisions. Terrorism and political violence, armed conflicts, increasingly powerful anti-establishment political movements, the threat of global recession, and persistently low commodity prices mean that companies must be prepared for a range of risks that could impact their business. Marsh’s political risk and structured credit experts provide the predictive analytics, industry specialization, and financial expertise that brings you actionable insights and capital strategies to navigate an increasingly volatile world and meet your business objectives.
Managing Geopolitical Risk
OVER
MILLON
$700
premium placement in Credit & Political Risks markets.
Crises, whether natural or human-caused, can disrupt or obliterate an organization’s physical assets and bottom line in an instant. Whether a major storm, an explosion at a facility, an act or terror, or rising geopolitical tensions, the expanding array of physical, operational, people, financial, and reputational risks means that you must prepare for virtually any type of event that could impede or take down your business. Through actionable insights and the implementation of proven and customized mixes of insurance, risk management, and preparedness strategies, Marsh can help you better understand, avoid, and recover from an array of events, disasters, or crises.
CRISIS RISK READY
Protecting Your Business Against Natural Disasters, Terrorism, and Geopolitical Risk
Flooding has long been the costliest natural disaster in the US, exemplified by events in South Carolina and the Midwest in late...
Heightened geopolitical tensions affect how multinational companies make investment and capital deployment decisions...
Evan Freely Managing Director, Global Practice Leader – Credit Specialties
Planning for tomorrow’s.
Mapping today’s risks.
It means taking a unique, proactive approach toward risk and capital, so you can…
What does RISK READY mean for your business?
Optimize risk finance structures structurellocation
Be prepared for challenges of today and tomorrow
Make intelligent business decisions
And we customize our solutions to your industry, and your business’s unique requirements. That’s valuable in a world with complex emerging risks and increased competition.
We understand the issues and challenges of your specific industry.
Industry Specialization
Marsh provides valuable, timely insights into your exposures and the economic cost of risk, helping you determine optimal risk financing structures and manage risk intelligently.
With the industry’s most robust data, analytics, and technology…
Data, Analytics, and Technology
Because we represent thousands of companies in dozens of industries all over the world. That translates to expertise to help you navigate business challenges and manage your risks.
Why do Marsh’s experienced professionals understand your risks better than anyone else?
Deep Knowledge
How Marsh ensures you’re RISK READY.
Innovation
Regulation
Workplace
Capital
Crisis
Is your business ready for these risks?
The insurance industry is experiencing a capital transformation. Legacy models, driven mostly by traditional insurance structures, will not be the exclusive model of the future as more efficient capital structures emerge every day. Marsh is uniquely positioned to help you assess and optimize current risk financing structures, understand the alternatives, and make more informed capital allocation decisions that support your growth and business objectives.
Influx of Alternative Capital Into the Market
As the use of big data and analytics in risk financing and insurance decision making increases, the benefits of retaining risk are easier to assess and quantify. For some companies, a captive insurance vehicle provides the financial, strategic, and operational benefits they seek, especially for nontraditional forms of insurance, including political risk, trade credit, cyber risk, and benefits. Marsh Captive Solutions experts can help you determine the value of a captive for your organization, and with your tax and accounting teams, the setup that meets your organization’s unique needs.
Big Data’s Impact on Risk Retention
The insurance industry is experiencing a capital transformation. Legacy models, driven mostly by traditional insurance structures, will not be...
As the use of big data and analytics in risk financing and insurance decision making increases, the benefits of retaining risk are easier...
Organizations face financial pressures — from rising expenses to tightening margins — as they strive to meet revenue targets and organizational growth goals. However, managing risk creates opportunities to make limited capital work more effectively and efficiently, whether in relation to the financial rewards of a merger or acquisition, the impact of expanded operations on total cost of risk, or the potential cost of mitigation strategies to drive down open claim reserves. Marsh’s predictive analytics, industry specialization, and risk management experts bring you actionable insights for capital spending decisions. We help you explore alternative risk finance strategies, optimize your risk finance spending, and redeploy working capital back to your business.
CAPITAL RISK READY
Put Capital to Optimal Use to Unlock Opportunity and Grow Your Business
Claude Yoder Global Analytics Practice Leader
As of 2015, there are almost
7,000
captives in use globally, including nearly 2,900 domiciled in the US.
Source: Marsh Insurance Market Report, 2016
Nearly two million Americans are victims of violence in their workplaces each year, according to the US Bureau of Labor Statistics. Your organization needs a comprehensive plan to anticipate and address problems. Marsh can help you take a holistic approach, working with you to design an effective workplace violence risk management program that helps protect your people, reputation, and bottom line.
Workplace Violence
Workers who are 55 and older currently make up more than a fifth of the US labor force — and will represent more than a quarter of all workers by 2022. The aging workforce represents a significant exposure to increasing costs for employers across the US. Marsh helps clients to manage and reduce every element of their workers’ compensation total cost of risk and develop a customized game plan to address the unique safety, treatment, and return to work issues associated with an aging workforce.
Aging Workforce
Nearly two million Americans are victims of violence in their workplaces each year, according to the US Bureau of Labor...
Workers who are 55 and older currently make up more than a fifth of the US labor force — and will represent more than a quarter of all...
From globalization to the on-demand economy, the definition of the “workplace” seems to be changing every day. And so are the accompanying risks. Organizations are considering more alternative work arrangements, including telecommuting. The workforce is also aging, and employers face threats stemming from more frequent workplace violence incidents and wage and hour claims. And as more organizations globalize, their regulatory burdens grow more onerous and complex. Fortunately, the solutions to workplace issues are keeping pace with the change. Wellness programs promote overall employee health. Safety innovations, like ergonomics and wearable technology, take aim at specific job hazards. Insurance programs offer protection against the financial drain of litigation and regulation. From workers’ compensation cost containment and workplace safety initiatives to analytics and regulatory reviews, Marsh helps bring actionable insights to help our clients create healthier, safer, and more productive workplaces…and remain RISK READY.
WORKPLACE RISK READY
Protect your employees and your business
Christopher Flatt Workers’ Compensation Center of Excellence Leader
FACT:
Two million American workers are victims of workplace violence each year.
Doing business overseas comes with a range of risk issues and challenges, but understanding local regulations is among the most difficult. Each jurisdiction has unique laws and regulations that will require insurance but understanding the local business practices and norms is equally important. Marsh’s Multinational Client Services and Insurance Regulatory and Tax consulting practices can help you navigate the complex international operation environment so you can make informed foreign investment and expansion decisions.
Expanding Overseas
Insurance in the US is complicated. Whether you operate in one state or 50, understanding how to navigate the nuances of US risk and insurance regulations can be challenging. Which coverages are compulsory? How do we meet US workers’ compensation requirements? Are certain areas of the country prone to distinct catastrophes? We understand the complexity and variety of US solutions for non-US multinationals, and provide expertise to help you enter and operate in US markets, whether you are an emerging multinational or a Global Fortune 100 company.
Investing into the US
Doing business overseas comes with a range of risk issues and challenges, but understanding local regulations is among the...
Insurance in the US is complicated. Whether you operate in one state or 50, understanding how to navigate the nuances of US risk and...
Regulators worldwide are trying to keep up with the rapid pace of globalization and innovation. The resulting effect is an overwhelming, complex, and burdensome patchwork of varying regulations at the state, country, and regional level, making it challenging for companies to operate in more than one jurisdiction. Whether it’s new drone regulations from the US Federal Aviation Authority, changing environmental liability laws in China, or data privacy harmonization issues between the US and the EU, Marsh provides you with the actionable intelligence to make informed insurance and regulatory compliance decisions.
REGULATION RISK READY
Navigating regulatory demands and managing the risks
David Bidmead Global Leader, Multinational Client Service
Source: Marsh Global Insight database
countries have issued new insurance regulations and tax rules in the last 12 months that could impact a multinational company’s global insurance arrangements.
126
The auto manufacturing and transportation industries are investing in advanced technology more than ever before. The cars we drive today have become sophisticated digital technology labs on wheels, with completely driverless technology already on the short-term horizon. These advancements, once only seen on the cover of Popular Mechanics, are creating new risks for everyone involved. Marsh can help you assess, manage, and respond to these new and emerging risks so you can make more informed capital allocation decisions and continue to invest in new technology.
Connected Cars
The Internet of Things (IoT) is transforming the manufacturing, industrial, and health care industries. Connected devices, equipment, and processes are not only enabling industries to find efficiencies in their own operations, but exponentially multiplying the possible points of failure. Marsh helps you map your risk exposures throughout your supply chain, and delivers risk transfer and advisory solutions so you can assess, manage, and respond to your interconnected technology risks.
Internet of Things
The auto manufacturing and transportation industries are investing in advanced technology more than ever before. The cars we drive...
The Internet of Things (IoT) is transforming the manufacturing, industrial, and health care industries. Connected devices, equipment...
INNOVATION RISK READY
Taking advantage of business and technology advancements while mitigating their risks
The incredible speed of innovation – such as the sharing economy, the internet of things (IoT), and mobile technology to name a few – is making risk governance for these and other emerging innovations is extremely challenging. In fact, the World Economic Forum declared in the Global Risks Report 2016 that we are on the brink of the fourth industrial revolution that is blurring the lines between the physical, digital, and biological spheres. Whether it’s understanding your cyber risk exposures or your liability issues from new technology, Marsh can help you assess, manage, and respond to these new risks so you can be innovation risk ready.
John Drzik President, Global Risk and Specialties
BILLON
Source: Gartner http://www.gartner.com/ newsroom/id/3165317
6.4
connected “things” will be in use in 2016, up 30% from 2015.