Marsh uses a team approach to address our clients’ risk management and insurance needs. Each client relationship is coordinated by a client executive, who draws from our many industry and risk specialties to assemble the resources to analyze, measure, and help manage multiple risks.
To further support our clients’ strategic, operational, and risk management goals, we provide consulting, brokerage, and claims advocacy services through dedicated global risk specialties and industry practices. Our colleagues apply deep experience and knowledge of clients’ industries to provide broad-based risk coverage and reduce our clients’ total cost of risk.
How we work: Marsh 3D
We tailor our risk management solutions based on a thorough understanding of your risk profile and objectives. We call this the Marsh 3D approach, which entails these three steps:
- Define risks and opportunities by understanding your business, and identifying, quantifying, and gauging your tolerance for risk. We then determine what and how much risk to manage, mitigate, or transfer.
- Design solutions based on a data analytics-driven approach to support decision making. We build solution options from which to make risk management, mitigation, and transfer decisions.
- Deliver results by using our comprehensive capabilities and optimally designed set of risk solutions, to provide solutions that help you manage, mitigate, and transfer risk costs.
Marsh Analytics Platform
The Marsh Analytics Platform (MAP) is a comprehensive solution that enables our clients to quantify and manage risk financing through a superior combination of data, analytics, and technology. This solution is backed by our industry-leading proprietary global loss database, our global team of professionals, and hundreds of devices with the industry’s only mobile content delivery platform (iMAP).
With MAP, some clients experience up to 10-to-one returns on investment and 5% to 15% cost savings. For more information on Marsh Global Analytics, click here.