Experience has shown that the negative time and cost impact of major risks, such as varying geological conditions and exposure to natural hazards, can be particularly severe in the infrastructure sector.
These risks create a wide range of exposures linked to areas of design, construction, interfacing, and sequencing which must be continually evaluated and managed by the project team.
Risk management strategy must be tailored to minimise the impact of specific risks on the project works, existing infrastructure, construction equipment, and third parties, in particular.
Marsh experts work with owners, contractors, engineering consultants, and project partners to implement innovative risk management and transfer solutions for many of the world’s most technically challenging construction projects. Our dedicated risk engineering services and broking capabilities are proven to support project delivery — on time and on budget.