Financial institutions (FIs) are facing a rapidly changing and increasingly competitive environment amid wider global economic uncertainty. As technology continues to replace traditional delivery, the threats of data breaches and cyber-attack are creating challenges for FIs. Ongoing regulatory changes and rising compliance costs have added to the complexity.
We can help you to navigate these risks and, as a leading broker and risk adviser, we understand your industry. With access to the wider network of Marsh & McLennan Companies, our dedicated Financial Institutions Industry Practice offers a broad range of risk management solutions, from cyber liability to more traditional exposures such as directors and officers (D&O) liability.
We can provide you with clear insight into your risk profile, helping you to identify potential losses and determine whether to retain or transfer those risks. Using this approach, we can help you gain a more holistic view of risk financing, a confident alignment of risk capital, and, ultimately, a reduction in your total cost of risk.
We can help you manage the risks associated with your most pressing opportunities and threats, including mergers and acquisitions, restructuring, and new regulations. We are deeply experienced in building robust risk management programmes for banks taking account of your significant exposure to cyber and conduct risks.
The insurance industry has its own distinct risk profile and generates ever-present operational exposures which must be managed to enable insurers to remain financially stable and competitive.
We know that the insurance sector is unique and understand why excellent client service starts with understanding your business perspectives. We are constantly innovating to identify and address gaps in coverage.
Asset management is changing, with more firms choosing to provide online services and passive funds.
Our practice can support you as your business model evolves, helping you to understand how your risk profile changes as your services expand.
Private Equity Funds
Growing competition, an increasing regulatory burden, and unpredictable market conditions mean that profitable private equity business depends on careful risk management.
We can help you to understand the end-to-end risk impact of deals and support you in reducing the barriers to profitable transactions.