We serve our clients through an industry specific lens; we want to make our clients’ world our world and align our internationally renowned placement and advisory services in a way that is most relevant to each client and the industry in which they operate. This approach improves the delivery of specialised solutions to all our clients. Thanks to our strong and long-standing relationships with the leading UK insurance markets, we can help create insurance products where previously there were gaps.

For example, a US-domiciled global retailer had suffered significant natural catastrophe losses which had increased rates and retentions for its worldwide operations. Marsh teams in London and New York combined to secure superior terms, including exceptionally low retentions for our client’s international operations; market acceptance of its US manuscript wording (markets normally insist on their own wording), and among the most competitively priced insurance placements for the retail sector in the UK market.

As a client of Marsh, you have access to the expertise of our sister companies: Mercer, Guy Carpenter and Oliver Wyman. In the area of insurance broking and risk advice, we believe there is no more capable team available, anywhere.

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Maximising your insurance investment

Buying insurance should be straightforward – certainly less taxing for an organisation than deciding which product to develop, or which market to enter.

Yet every day, cases arise where organisations find they do not have necessary insurance cover for a loss, either because of lack of limits, inadequate policy wordings, or because they have failed to identify the risk in the first place.

Just as many fail to have enough protection, we also find many cases where organisations pay too much for their limits, or are over-protecting themselves.

Clearly, insurance buying is not always a straightforward process, instead becoming an area where many mistakes can be made.

At Marsh, we are experts in helping organisations optimise their insurance spend, ensuring that policies are matched to their underlying risk exposures and that they are not over or under-insured.

We understand that the efficiency in which organisations buy insurance is linked to a range of other factors, namely their ability to assess and control risk, and make sound decisions about which risks to retain and which risks to transfer.

As the world's number one risk and insurance services firm, Marsh can help you strike the right balance in all these areas.

We will enable you to take control of your insurance spending and make consistently better decisions in this vital business area.

Risks are everywhere – but the big issue is how rigorously organisations assess, control and finance them.

There is no question that those that manage their risks better than others enjoy a significant competitive advantage.

Put simply, they have a much better chance of reaching their business objectives. They can also enjoy better relationships with stakeholder groups – many of which are applying more scrutiny to business behaviour and are less tolerant of mistakes.

Such organisations are also in a superior position to take calculated risks, due to their greater knowledge of where hazards and opportunities lie. This is a much-needed competence in today's fast-moving marketplace.

Risk management therefore makes good business sense. The benefits are numerous. Managers can make better investments, protect these investments more confidently, and have a better chance of meeting strategic objectives.

Risk management is also imperative because transferring risk to the insurance marketplace is not always an available, cheap or best option.

Organisations that manage risk well enjoy a ‘virtuous circle’ when it comes to relationships with underwriters. By controlling risks and reducing costs, they can enjoy discounts on their premiums and cope better in a hard insurance market.

Being more in control of their risks gives our clients the confidence to make decisions with less chance of unwanted surprises.