 In addition to traditional health and safety dangers on building sites, new risks continue to evolve for the UK construction industry.
Through its expertise in this sector, Marsh is able to offer our clients a response that goes beyond traditional insurance advice, placement and claims servicing.
- Environmental liabilities can arise if new construction on brownfield sites damages the environment.
- The issue of corporate manslaughter looms large for boardrooms of contractor organisations as new legislation is debated.
- Private Finance Initiative (PFI) projects contain new liabilities for those involved in ‘build and operate’ projects.
- The expected revival of the nuclear industry in the UK due to energy shortages, and the construction work around decommissioning nuclear power stations, will lead to new opportunities and risks.
We can offer focused expertise by industry, territory, product line and marketplace, with the highest degree of specialisation. We have unrivalled expertise in the following sectors:
- power
- transportation
- major building projects
- tunnelling
- mining
- heavy civil engineering projects
- water
- waste
- renewable energy.
- We act on behalf of the all major constituents of this sector, from project owners, to contractors, special purpose companies, banks, engineers, and governments and public authorities.
Our solutions include:
- risk identification – contract reviews, risk matrix, behavioural risk identification
- risk analysis and assessment – programme audit, design and benchmarking, environmental analysis and M&A advice/due diligence
- risk control – risk engineering site surveys, health and safety consultancy, claims management
- innovative solutions – risk financing, captive insurance, credit enhancement, environmental risk transfer, M&A risk transfer.
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March 02, 2011 | Views: 869 | Comments: 0 |
The demand for project professional indemnity (PI) is growing as construction project owners often insist a Project PI policy is in place, particularly for the larger, prestigious ... Read More...
May 10, 2007 | Views: 893 | Comments: 0
Marsh was asked for risk and insurance assistance by a contractor bidding on a large PFI project. Read More...
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The Benchmarking Portal's rapidly growing database contains information on nearly 90,000 policies covering $US50 billion in premium placements, $US4 trillion in limits, and $US15.5... Read More...
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Bowring Marsh’s global Casualty team comprises more than 60 dedicated brokers located in Bermuda, Dublin, Hong Kong, London, Miami, São Paulo, Singapore, Tokyo and Zurich. Our glob... Read More...
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Companies can damage their brand image and reputation in numerous ways: poor service, a drop in product quality, environmental harm and unfair treatment of staff are some of the mo... Read More...
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Losses from Business Interruption (BI) are often far greater than other losses such as property damage. Read More...
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As part of any organisation there will be key contracts in place which are crucial to the ongoing success of the organisation. These contracts may be with a key supplier, investor,... Read More...
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CS STARS LLC, a business unit of Marsh, serves the technology needs of risk management professionals, as well as insurance carriers and third-party administrators — delivering inte... Read More...
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Infrastructure development is a powerful force in today’s global economy. Hundreds of billions of dollars are being spent every year improving transportation, power, ports and term... Read More...
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The demand for project professional indemnity (PI) is growing as construction project owners often insist a Project PI policy is in place, particularly for the larger, prestigious ... Read More...
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Surety bonds arranged by Marsh in the insurance market can provide benefit to both the contractor and beneficiary. Read More...
Views: 744 | Comments: 0 |
Marsh’s Construction, Power and Utilities Practice has been involved in servicing all sectors of the nuclear cycle since commercial civil nuclear power commenced in the 1950s. Read More...
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March 11, 2011 | Views: 1367 | Comments: 0 |
The global regulatory environment has hanged substantially, particularly in relation to insurance requirements and premium taxes changes. Read More...
November 19, 2010 | Views: 1175 | Comments: 0
Soft commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published last week by Marsh. Read More...
May 25, 2010 | Views: 1653 | Comments: 0 |
Marsh chairman and CEO Dan Glaser described the multiple challenges facing the risk management and insurance communities in a recent speech to insurance industry leaders at InsideS... Read More...
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January 12, 2012 | Views: 704
Marsh today announced the appointment of Vincent C. Marrot as Global Leader, Energy Engineering and Leader of Construction Engineering in Marsh’s International Division. In this ne... Read More...
July 21, 2010 | Views: 720
Hong Kong, 21 July 2010 – Bowring Marsh, the Specialist International Placement Broker at Marsh, has expanded its footprint in Asia with the opening in Hong Kong of its ninth offic... Read More...
November 23, 2009 | Views: 1045
New research by Marsh, the world’s leading insurance broker and risk adviser, reveals that senior executives in Europe’s leading organisations are most concerned about customer-rel... Read More...
October 08, 2009 | Views: 858
Marsh, the world’s leading insurance broker and risk adviser, is advising organisations to examine their potential exposures to asbestos-related claims ahead of a predicted peak in... Read More...
August 26, 2009 | Views: 1025
Insurance premium rate reductions slowed for property and casualty business across Europe, the Middle East and Africa in the first half of 2009, according to figures released today... Read More...
June 29, 2009 | Views: 1007
Marsh, the world’s leading insurance broker and risk adviser, has launched a new project professional indemnity (PI) insurance facility for major construction projects. Read More...
June 09, 2009 | Views: 930
Marsh, the world’s leading insurance broker and risk adviser, predicts that the UK architectural, engineering and construction sector is facing a ‘perfect storm’ which could leave ... Read More...
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