Through data, analytics, and technology, C-suite executives can take a holistic, anticipatory approach to risk that informs strategic decisions and aligns with corporate objectives.
Analytics generate program savings and up to 10 times ROI… Marsh database has US$300 billion in aggregate claims
RISK IN CONTEXT
The World Health Organization considers the emerging coronavirus outbreak “a high risk, regionally and globally,” underscoring how important it is for multinational organizations to take action now to protect people and operations.
Consulting magazine has named Mike Poulos, Global Head of Client Advisory Services (CAS), as a recipient of its Global Leaders in Consulting award for Excellence in Engagement.
During the one-hour webcast our panel of experts focused on how data and analytics are used in the retail/wholesale, food & beverage sector.
Organizations worldwide are increasingly impacted by emerging, complex challenges that could materially affect future goals. In this rapidly changing environment, business leaders need more than historical views to manage risk, allocate capital, and achieve results. They need to see around the next corner.
Marsh Advisory's Analytics Solutions is uniquely positioned to help. Using an unmatched combination of data, analytics, and technology, we empower clients of all sizes and across industries to quantify and manage their risk financing.
By leveraging Marsh’s deep claims, exposure, and placement data across industry, size, geography, and product, businesses can conduct holistic, forward-looking planning. This helps them dynamically explore risk financing options, and determine their optimal risk financing structures and risk mitigation investments.
The result: You can confidently move forward with strategic business decisions and put capital to optimal use, unlocking opportunity and growing your business.
With Marsh Advisory's Analytics Solutions, you have a holistic view of risk to move forward confidently with strategic plans in today’s modern risk environment. Our analytics facilitate a real-time, dynamic conversation about your risk financing options. Using our multi-step process, you can gain:
Marsh Advisory's Analytics Solutions have been used to evaluate risk financing for thousands of clients — from large, multinational organizations to smaller, regional businesses in multiple industries, including aviation, chemicals, construction, energy, financial services, health care, manufacturing, professional services, real estate, retail, transportation, and others.
By leveraging our unmatched claims database, Marsh is uniquely positioned to answer the question, “What losses might we incur?” The Marsh Global Loss Data Library represents more than $300 billion in aggregate claims. Our database contains losses in dozens of countries around the world, and more than 20 industries, to deliver a more complete picture of current and emerging trends in risk.
The traditional measure of risk exposure, total cost of risk – TCOR, does not typically account for fluctuations in loss from year to year. In the modern risk environment, senior leaders need to understand and account for this volatility. Our ECOR measure looks at volatility through an implied risk charge (IRC) which is added to the traditional TCOR equation. IRC calculates the cost of volatility unique to each company through a combination of risk volatility and cost of capital. Our ECOR analytical framework integrates risk management decision making and financial planning.