The number of risks you face today is significant and growing: cyber risks, including data and privacy breaches as well as technology failures or interruptions; political instability, including terrorism and social unrest; regulatory challenges; directors and officers liability; theft of assets from employees and non-employees alike; and damage to professional reputations.
When providing a service to the public, whether as a consultant, business adviser, management consultant, or any other professional role, you need financial and professional liability insurance that is tailored to your unique exposures and business needs.
Marsh’s Financial & Professional (FINPRO) Practice can help you anticipate, model, and manage the threats to your business. Our industry-leading analytics platform informs risk decision making, enabling us to develop critical insights to help you identify trends and anticipate challenges. Supported by other Marsh & McLennan Companies businesses, we craft holistic solutions, tailored to your organization’s needs – so you can focus on opportunities.
An industry leader, Marsh educates insurers on your business risks and customizes coverage to manage specific challenges. Our comprehensive solutions range from professional indemnity and management liability to our specie and special risks to transactional and political risk solutions.
As a result we can offer stability, security, and protection for your business, enabling you to meet challenges and pursue opportunities with confidence.
Crime & Fraud
Marsh’s fidelity crime coverage can help protect your organization from loss of money, securities, or other property resulting from dishonest acts. It covers losses from employee dishonesty, as well as losses to third parties caused by theft, if endorsed.
Directors’ & Officers’ Liability
Company directors and officers (D&O) cannot reduce the complexity of the business, legal, and regulatory environment. What they can do, however, is take steps to protect their own personal assets – through a combination of strong corporate governance, broad corporate indemnification, and a risk transfer program that includes a high-quality D&O Liability Insurance program.
Employment Practices Liability
Today’s business climate has left companies open to many forms of employment risks, including sexual harassment, wrongful termination, and discrimination lawsuits, commanding ever-higher damage awards. These risks can result not only in dire financial consequences, but also in irreparable damage to an organization’s reputation. Marsh can help.
Errors & Omissions Liability
Marsh can help protect you from one of the most overlooked, but potentially damaging, liability exposures in business today: errors and omissions (E&O). The legal definition: “Any actual or alleged act, error or omission, misstatement, misleading statement, or breach of fiduciary duty or other duty committed in rendering or failing to render professional services.” For this Marsh offers an E&O Liability Coverage.
Directors and officers often wear two hats: one to manage the company, making “settlor” decisions; the other to implement those decisions as an Employee Retirement Income Security Act (ERISA) fiduciary. To help protect you from risks and claims arising from the latter, Marsh offers the fiduciary liability coverage.
Kidnap & Ransom
Employees of multinational organizations, contractors, companies with employees who travel internationally, and high-net-worth individuals and families are particularly vulnerable to hostile incidents. Marsh offers a comprehensive range of services to respond to threats against your people, brand reputation, and properties, which limit legal liabilities.
Marsh’s professional liability coverage can protect your service organization or legal practice, helping defray the cost of legal defense following a claim for an error, omission, or negligence in the performance of your professional services. Some insurance policies also provide coverage for privacy violations and breaches of computer security.