Our global advisory team designs solutions to rein in financial and professional liability risks that can affect your organization’s fiscal health, reputation, and leaders’ livelihoods.
270 U.S. colleagues, 61% of Fortune 100 clients, 45% of Fortune 500 clients, 40% of Fortune 1000
How companies respond to a product defect upon discovery and the terms of their liability insurance can affect how executives and organizations fare in the wake of a recall.
Former directors may feel protected by a D&O policy, but there is potential for inadequate insurance coverage.
Data breaches and cyber risk. Intellectual property and patent infringement. Global and local jurisdictional challenges. Directors and officers liability. Professional reputations. Employment practices and wage and hour liability. Mergers and acquisitions. And these are only a sampling of risks your organization faces.
Marsh’s FINPRO Practice helps you anticipate, model, and manage threats to your business. Our risk advisors around the globe guide your company on issues ranging from litigation to extortion to fiduciary liability. We enlist expertise from other Marsh & McLennan Companies businesses to craft holistic solutions. And our industry-leading analytics platform delivers salient data to crystalize crucial insights and inform risk decisions.
Marsh leads the industry, educating insurers on your business risks and customizing coverage to manage specific challenges, enabling you to conduct business with confidence.
The result: stability for your business — which can facilitate innovation and growth, improve cash flow and return on investment, and increase shareholder value.
Cyber security and information protection can be challenging for companies of all sizes. Hackers are not the only threat — today’s businesses rely on the internet for services such as online marketing, administrative functions, inventory management, credit card processing, and distribution controls. Any intrusion that disrupts delivery of these services can lead to brand and reputation damage, regulatory scrutiny, stakeholder dissatisfaction, and financial losses.
Company directors and officers (D&O) cannot reduce the complexity of the business, legal, and regulatory environment. What they can do, however, is take steps to protect their own personal assets — through a combination of strong corporate governance, broad corporate indemnification, and a risk transfer program that includes a high-quality D&O liability insurance program.
Today's business climate has left companies open to many forms of employment risks, including sexual harassment, wrongful termination, and discrimination lawsuits, commanding ever-higher damage awards. These risks can result not only in dire financial consequences, but also in irreparable damage to an organization’s reputation. Marsh can help.
Marsh can help protect you from one of the most overlooked, but potentially damaging, liability exposures in business today: errors and omissions (E&O). The legal definition: “Any actual or alleged act, error or omission, misstatement, misleading statement, or breach of fiduciary duty or other duty committed in rendering or failing to render professional services.”
You’re likely to be an excellent candidate for E&O exposure — and E&O Liability coverage — if you:
Marsh Fidelity Crime coverage can help protect your organization from loss of money, securities, or other property resulting from dishonest acts. It covers losses from employee dishonesty, as well as losses to third parties caused by theft, if endorsed.
Directors and officers often wear two hats: one to manage the company, making “settlor” decisions; the other to implement those decisions as an Employee Retirement Income Security Act (ERISA) fiduciary. To help protect you from risks and claims arising from the latter, Marsh offers Fiduciary Liability coverage solutions.
Marsh’s Professional Liability coverage can protect your service organization or legal practice, helping defray the cost of legal defense following a claim for an error, omission, or negligence in the performance of your professional services. Some insurance policies also provide coverage for privacy violations and breaches of computer security.