Data breaches and cyber risk. Intellectual property and patent infringement. Global and local jurisdictional challenges. Directors and officers liability. Professional reputations. Employment practices and wage and hour liability. Mergers and acquisitions. And these are only a sampling of risks your organization faces.
Marsh’s FINPRO Practice helps you anticipate, model, and manage threats to your business. Our risk advisors around the globe guide your company on issues ranging from litigation to extortion to fiduciary liability. We enlist expertise from other Marsh & McLennan Companies businesses to craft holistic solutions. And our industry-leading analytics platform delivers salient data to crystalize crucial insights and inform risk decisions.
Marsh leads the industry, educating insurers on your business risks and customizing coverage to manage specific challenges, enabling you to conduct business with confidence.
The result: stability for your business — which can facilitate innovation and growth, improve cash flow and return on investment, and increase shareholder value.
Cyber security and information protection can be challenging for companies of all sizes. Hackers are not the only threat — today’s businesses rely on the internet for services such as online marketing, administrative functions, inventory management, credit card processing, and distribution controls. Any intrusion that disrupts delivery of these services can lead to brand and reputation damage, regulatory scrutiny, stakeholder dissatisfaction, and financial losses.
Directors and 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 and 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.”
You’re likely to be an excellent candidate for E&O exposure — and E&O Liability coverage — if you:
- Provide a service, especially in technology, for a fee.
- Provide installation, integration, support, maintenance, or related services.
- Manufacture, distribute, or sell computer software, hardware, telecommunications products, and/or components.
- Develop, publish, broadcast, or distribute content (whether or not you charge for it).