 Marsh’s Marine Practice is a leading advisor to the maritime industry on risk and insurance issues. With almost 600 dedicated professionals worldwide, the Marine Practice places approximately USD3 billion in insurance premiums into marine markets globally.
Global service approach
The maritime industry demands specialist knowledge; our product lines drive our global service approach and augment our capabilities with professionals who are dedicated to providing expertise and innovation in these fields:
- Hull and Machinery
- Marine Liability
- Protection and Indemnity
- Marine Cargo
Risk mitigation
The maritime business is a high profile industry with potential for catastrophic losses. Whether the risk relates to; ship repair and maritime construction risk, general average, natural catastrophes, delay in start-up, war risks, terrorism, coastal marine operations, inventory, or the myriad of other risks, our experts are on hand to provide insight and solutions to address your business challenges.
Collaboration and innovation
Collaboration is a key factor in our success: it leads to new and innovative products and creative ideas which have resulted in unique client solutions, some of which are listed below:
- Marsh put in place a solution for multiple governments for their war insurance issues following market changes.
- We pioneered the concept of social responsibility insurance.
- Our team was instrumental in shaping the Athens Convention into a format that permitted liabilities imposed by that convention to be insured.
- We developed the first open platform, online certificate and account management system dedicated to marine cargo, www.MarshCargo.com – now the global standard.
Today, we continue to encourage originality. We always have one eye on the future in addressing new challenges in the volatile world in which our clients operate.
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November 30, 2011 | Views: 228 | Comments: 0
P&I Brokers’ Notes is the most comprehensive almanac of information that is published in the protection and indemnity world. It is entirely factual and provides detail on a wide r... Read More...
July 13, 2011 | Views: 2482 | Comments: 0 |
The hijacking of ships in the Indian Ocean has highlighted to the world at large that piracy remains a modern day scourge. During the first six months of this year at least 32 ship... Read More...
April 27, 2011 | Views: 465 | Comments: 0 |
Even as recent developments portend upward movement in rates for risks subject to natural catastrophe losses, overall marketplace capacity remains plentiful. Read More...
January 25, 2012 | Views: 158 | Comments: 0
This publication is a synopsis of presentations made at Marsh's fourth annual Client Conference in London, 6 December 2011. Read More...
September 14, 2011 | Views: 915 | Comments: 0 |
The latest issue of Marsh's Marine Market Monitor newsletter provides an analysis of current risk issues affecting the Marine industry. In this edition we discuss several factors w... Read More...
May 26, 2011 | Views: 1184 | Comments: 0 |
A replay of our New Realilty of Risk Webcast covering supply chain resiliency. The devastating earthquake, tsunami, and nuclear events in Japan were only the latest in a string of ... Read More...
May 25, 2011 | Views: 358 | Comments: 0
For the past year we have been commenting on the new bribery laws passed in the Bribery Act 2010.On 30 March 2011 the Ministry of Justice published long-awaited guidance on the pro... Read More...
May 04, 2011 | Views: 398 | Comments: 0
For many insurers and reinsurers, 2011 budgets for catastrophe losses have already been substantially eroded, if not exceeded. Read More...
March 30, 2011 | Views: 1098 | Comments: 0
This white paper is intended to be a catalyst not only for discussion around the risk issues raised by a changing climate, but also to serve as a guide to executives on how they ca... Read More...
February 15, 2011 | Views: 257 | Comments: 0
P&I Clubs are not only liability insurers; they also provide their members with claims handling and casualty response services, and legal advice. The Clubs maintain a network of co... Read More...
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Views: 810 | Comments: 0 |
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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In response to shipowners’ increasing concerns about charterers’ solvency, Marsh has developed an industry-first product that protects owners from damaging financial losses. Read More...
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As the volume and violence of pirate attacks continues to escalate1, our Marine specialists have prepared this technical paper to help vessel charterers and cargo-owners better und... Read More...
Views: 635 | Comments: 0 |
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...
Views: 418 | Comments: 0
The course combines formal but highly interactive lectures, videos, and discussions with dynamic exercises. Extensive notes and materials are supplied throughout the course. Read More...
Views: 266 | Comments: 0 |
Marsh offers specialised insurance solutions and advisory services for banks and other financial institutions that are engaged in financing transactions with marine/shipping organi... Read More...
Views: 445 | Comments: 0 |
RECLAIM Consulting Services (RECLAIM) is a leading provider of claimsmanagement and recovery services. The RECLAIM team comprises of experienced professionals with a proven trackre... Read More...
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September 13, 2010 | Views: 797 | Comments: 0
Pirate attacks in the Gulf of Aden and Indian Ocean have become a prevalent concern, the most recent attack occurring last month. The geographical range of the pirates as well as ... Read More...
July 02, 2010 | Views: 579 | Comments: 0 |
The April 20, 2010, fire and explosion of the Deepwater Horizon Offshore Drilling Unit and the ensuing oil discharge (the "Deepwater Event") has caused significant damage along the... Read More...
May 27, 2010 | Views: 476 | Comments: 0 |
The millions of gallons of crude oil that have been released in the Gulf of Mexico may have potential property and machinery risk implications. Read More...
May 25, 2010 | Views: 1048 | 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...
May 13, 2010 | Views: 496 | Comments: 0 |
More than 200,000 gallons of oil have been released daily into the Gulf of Mexico, following the offshore oil drilling rig explosion on April 20. Read More...
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January 25, 2012 | Views: 196
Insurance rates for businesses with exposure to natural catastrophe risk and supply chain perils are expected to continue increasing in 2012 across Europe, the Middle East and Afri... Read More...
May 13, 2011 | Views: 684
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy. In order to protect owners’ vital revenue strea... Read More...
March 07, 2011 | Views: 652
Buyers of marine insurance are likely to see a continuing softening of insurance rates in 2011, according to research carried in Marsh’s latest Marine Market Monitor. The research ... Read More...
February 07, 2011 | Views: 1025
Soft commercial insurance market conditions persisted throughout Europe, the Middle East and Africa (EMEA) in 2010 and are set to continue into 2011, according to a comprehensive r... Read More...
February 15, 2010 | Views: 684
A new report released today by Marsh, the world’s leading insurance broker and risk adviser, reveals that, despite the global recession, the commercial insurance market remained st... Read More...
November 23, 2009 | Views: 697
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 09, 2009 | Views: 698
Insurance broker, maritime security firm collaborate to help organisations enhance security, strengthen coverage, and save costs. Read More...
August 26, 2009 | Views: 629
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...
March 02, 2009 | Views: 569
Marsh, the world’s leading insurance broker and risk adviser, has launched a report highlighting the key risks companies face as the global economy slows and advice about how to ta... Read More...
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