Communications, media, and technology (CMT) organizations face changing risks as the stakes grow larger. The right tools, analytics, and insights can help you to better manage risks…and protect your business.
2000+ CMT clients globally … 450+ US errors and omissions/cyber risk policies a year … 100 US diagnostics in last three years
Marsh’s 2019 Communications, Media and Technology Risk Study examines how risk management needs to adjust to this digital transformation.
For communications, media, and technology (CMT) companies, risk management can be challenging simply because the stakes are so high. Multiple client business functions rely on the services you provide.
Success hinges on the ability to seize opportunities afforded by innovation in a rapidly changing marketplace — while managing the risks. Data breaches and other cyber risks are growing. Liability claims proliferate, especially for media companies. Supply chain bottlenecks threaten the global flow of hardware, software, and raw materials. And convergence and collaboration — both between and within sectors — are reshaping the landscape.
Marsh can help you understand and manage these risks using industry-leading risk assessment tools, data, analytics, and technology. With these tools and the CMT sector’s only comprehensive claims database, we quantify and prioritize exposures, then customize coverage to align with your organization’s unique risk profile. And with the largest CMT practice in the industry, we have the knowledge of the sector to provide acute insights that help you grow with confidence.
The results: clearer understanding of your risk management program, lower operational costs, and decreased volatility.
In software and information technology (IT) services, risk challenges are inherent in multiple areas, including technology errors and omissions (E&O), management/directors and officers liability, property damage, business interruption, and mergers and acquisitions.
Marsh helps more than 500 technology clients manage these risks with the following services:
Risk challenges are inherent in multiple areas of the media sector. Among the issues: liability (libel, slander, copyright infringement, etc.); data security and cyber privacy; and business interruption/loss caused by equipment or other property damage.
Marsh helps our more than 100 clients in this sector — encompassing broadcasting, social/digital media, and publishing firms — to manage those risks. We can provide you with the following services:
In the hardware and electronic components industries, risk challenges can arise in multiple areas, including business interruption/loss caused by equipment or other property damage; management liability issues; and mergers and acquisitions.
Marsh serves more than 500 technology clients, including technology electronics, personal electronics, hardware and equipment, and semiconductor companies. We can help you manage risks by providing services such as:
The communications services realm is replete with challenging risk issues, including: business interruption/loss caused by damage to infrastructure and equipment; employee safety concerns; data security and cyber privacy; and technology errors and omissions (E&O).
With more than 100 clients in this sector — including wired and wireless service providers, satellite companies, cable providers, and multisystem operators — Marsh can help you manage risks by providing services such as: