For retail and consumer brands organisations, a combination of analytics, business insight, and technical risk advice is crucial for the management, control, and transfer of risk.
US$2.6 billion in premium placed globally on behalf of retail clients... 43% of the world’s leading retail companies represented
Building resiliency for retail, food and leisure organisations as they prepare for new risks whilst embracing biometric innovation.
Risk in Context
With uncertainty around Brexit, many retail, food and beverage industry businesses are changing stock holdings and logistics.
Risk in Context
The latest revision to the BRC Global Standard for Food Safety introduces changes requiring processes in place to mitigate risk that will also be viewed favourably by CPI insurers.
Such events could impact your firm by eroding trust, destroying company value, and for some, can ultimately lead to the organisation's failure. However, these are not inevitable.
The retail and consumer brands sector is experiencing a period of fundamental change as customers and their changing buying patterns drive the need for innovation and increased speed to market. Risks from the growth of omni-channel technology, complex global supply chains, increasing regulation, and the impact of product quality or contamination are causing companies to re-think their business models to remain competitive and protect their reputations.
Marsh provides the deep expertise needed to manage today’s risks and to identify those that are on the horizon. Using industry-leading analytics and benchmarking tools, which provide a holistic view of risk across an organisation, our risk practice and consulting teams can help you move beyond simply managing risk to unlocking opportunity.
The result: We will work with you to develop a risk management programme that helps you reduce the total cost of risk, better allocate capital, protect your balance sheet, and improve overall profitability.
Retailers and wholesalers are operating in an increasingly competitive and flexible market, which requires the speed and agility to respond quickly to customer needs. The ability to satisfy customer expectation requires constant improvement in operational infrastructure, while increased reliance on technology platforms presents a range of new risks and challenges for all. Marsh can support you in identifying, quantifying, and managing these risks by:
The pace of change, variety, and innovation in the hospitality sector continues to increase. Robust control and management is the key to commercial and reputational success for companies operating in this dynamic sector.
An increase in food safety legislation, the complexity of supply chains, and international expansion continue to challenge food and beverage manufactures. The need for successful product innovation and the importance of brand protection are key to success. Marsh can support this growth by: