Structured finance is a generic term for a type of limited recourse finance or non-recourse finance, and includes project finance and securitisations. Such structures are commonly utilised in public private partnerships (PPP).
The structured finance team at Marsh acts as the independent insurance adviser to the providers of senior debt to structured financed projects worldwide.
We have global experience in all sectors, including:
Reviewing and commenting on the allocation of risk under the principal contracts is part of our role, as is the following:
We provide our advice in a timely manner and work with lenders and their other advisers (financial, technical, and legal) to help a project reach financial close. Thereafter, we advise on the transition from construction to operations and continue to monitor and audit the insurances on an annual basis (or otherwise as required), to ensure compliance with the loan agreement and that the interests of the lenders continue to be protected for the life of the loan.