From logistics providers and airline fleets right through to rail freight operators and car manufacturers, the transportation industry is distinctively dynamic with an array of exposures and risk issues.
Whether employee shortage and retention issues, regulatory risks, or marketplace competition, these and other exposures can severely impact your organization’s profitability and impede overall success. Some transportation companies depend on the effective management and control of risk and its associated costs in order to remain in business.
With these challenges in mind, Marsh provides services that go beyond insurance to deliver a total risk finance and workforce solution.
Industry-leading data and analytics and predictive modelling tools provide insights that help you understand your risk exposures, and the approaches to manage them. Marsh’s Transportation Practice is backed by an array of award-winning technology, risk assessment and analysis tools, and benchmarking data, enabling us to provide clear guidance and diligence in delivering solutions to our clients.
Marsh’s services include the design and placement of insurance programs – tailored to help ensure we offer cost-effective risk transfer solutions; risk financing – to help ensure the optimal balance of risk retention and risk transfer; employee risks – ensuring significant reductions in the direct and indirect costs of employee injuries, absenteeism, and staff turnover; fleet management; and claims services – including a range of claims handling, advocacy, and defensibility services to help you reduce costs and improve efficiency.
The result is a comprehensive understanding of the issues facing the industry, enabling us to design innovative risk solutions that aim to protect your balance sheet, optimize operations, increase stability, and control your total cost of risk.