Casualty Insurance

Marsh's casualty professionals create solutions for clients that range from traditional transactional casualty insurance programs — both primary and excess — to strategic financing and integrated risk programs.

When structuring a program for a client, Marsh is committed to providing expert analysis on available limits; retentions, coverage wording and pricing to help achieve that client's risk management objectives. This might include reducing costs, managing volatility, broadening coverage, streamlining administration, developing cost allocation strategies, managing collateral or providing budgeting information. Our long-term carrier relationships, market presence, and benchmarking capabilities enable us to advise clients on limits capacities, obtain the broadest coverage available to protect the client's business and negotiate on a client's behalf for the best available rates.

Casualty clients benefit from Marsh's use of technology to streamline the program administration and provide access to information from the following:

• Databases that capture critical market information on Marsh risk management casualty, primary and excess placements, as well as the latest information on best practices.
• Benchmarking reports used to compare a client's insurance buying decisions to its peers.
• Computerized actuarial models that measure and compare cash flow, loss forecasts, loss development and captive structures.
  
• Networks that provide immediate access to expertise and a state-of-the-art casualty solution, in such areas as integrated risk, loss portfolio transfers, captives, environmental and collateral alternatives.

Our clients can be assured that they are getting the most innovative casualty risk solutions available in our industry, specifically designed to help protect their assets and assist them in being more successful.

• Automotive liability.
• General liability.
• Product liability.
• Umbrella liability.
• Excess liability.
• Workers' compensation.
• Professional liability (medical malpractice).
• Integrated risk.
• Captives.
• Finite risk* and loss portfolio transfers for difficult exposures such as asbestos liabilities, occupational diseases, or environmental diseases.

* Clients should be aware that "finite risk" solutions may consist of a combination or blend of risk-transfer and other risk-financing strategies. Under certain circumstances, auditors and regulators, such as the Securities and Exchange Commission (SEC), the Internal Revenue Service (IRS), and various insurance departments, have challenged “finite risk” transactions accounted for as insurance, questioning, whether, among other things, there is sufficient risk transfer to support the accounting and/or tax position taken by the insured. The future use and value of “finite risk” solutions remains and will continue to be subject to evolving positions of a wide variety of commentators. Marsh is not authorized to provide, and expressly disclaims responsibility for, any advice or guidance on the tax, accounting, legal, or regulatory consequences of any insurance solution. Each client should consult with its own independent professional advisors with respect to such matters.