Whether your business is facing automotive technology advancements associated with autonomous vehicle risk, environmental liabilities, grappling with tough product recalls, or evaluating alternatives in risk financing, you need perspective – and a risk management expert with both an in-depth understanding of your business’ specific operations and those of your industry in general.
An ever-changing industry, technological advances create fresh opportunities in the sector, consequentially leading to new and more complex risks which need to be identified, quantified, managed, and either retained or transferred. With USD 2.1 billion of manufacturing insurance premium placed globally, our specialized approach allows us to offer clients the tailored attention needed to solve a wide range of exposures within their organizations.
Market dynamics are changing, with product recall risk heightened by advances in electronic systems; cyber and liability risks on the rise with technology increasingly controlling manufacturing processes; regulatory agencies continue to present challenges; and the global supply chain is subject to political unrest and disruption.
Marsh’s automotive risk specialists understand your industry’s business issues and provide guidance to help you navigate risks. The specialists create strategic solutions for a variety of risks, including operational risks services, financial risk services, strategic risk services and hazard risk services. This collective expertise is further strengthened by Marsh’s industry-leading analytics capabilities, which provide business insights enabling you to make more informed decisions and gain competitive advantage.
Understanding your industry and risk issues is a key factor in delivering Marsh’s signature services and solutions. A fundamental value we bring to our automotive clients is our expertise in understanding how business issues translate into risks, allowing us to provide innovative solutions to help them manage those risks.