Marsh, the world’s leading insurance broker and risk adviser and a wholly-owned subsidiary of Marsh & McLennan Companies, today announced that it had joined the United Nations Disaster Risk Reduction Private Sector Partnership to support work aimed at enhancing national and local resilience to disaster.
The Partnership supports the UN Strategy for Disaster Risk Reduction (UNISDR) and seeks to raise awareness of risk management and contingency planning by partnering with leading organisations in the private sector.
As a member, Marsh has signed UNISDR’s ‘Statement of Commitment’, which pledges the company’s support to UNISDR’s fundamental principles – achieving a substantive reduction in disaster losses; and building resilient nations and communities as an essential condition for sustainable development.
Philippe Auzimour, Head of Marsh’s Public Sector Practice in Europe, Middle East and Africa (EMEA), commented: “Marsh’s Public Sector Practice brings together thought leadership globally to share best practices and develop risk management insight for the benefit of our clients.
“Building resilience is a major challenge and we are honoured to share this working agenda with UNISDR. Marsh is committed to bringing our knowledge of risk management to helping improving the resilience of public entities and managing disasters. We look forward to making a strong contribution towards helping UNISDR save lives and reduce the costs of catastrophic risks.”
Over 200 million people are affected by disasters each year and in 2010 at least 300,000 people died in major disaster events. Annual reported disaster losses now regularly exceed $100 billion.
About UNISDR
UNISDR is the secretariat of the International Strategy for Disaster Reduction (ISDR). It was created in December 1999 and is part of the UN secretariat with the purpose of ensuring the implementation of the International Strategy for Disaster Reduction.
The ISDR is a strategic framework adopted by United Nations Member States in 2000. The ISDR guides and coordinates the efforts of a wide range of partners to achieve a substantive reduction in disaster losses. It aims to build resilient nations and communities as an essential condition for sustainable development.
The ISDR system comprises numerous organizations, States, intergovernmental and nongovernmental organizations, financial institutions, technical bodies and civil society, which work together and share information to reduce disaster risk. UNISDR serves as the focal point for the implementation of the Hyogo Framework for Action (HFA) – a ten year plan of action adopted in 2005 by 168 governments to protect lives and livelihoods against disasters.
www.unisdr.org
About Marsh
Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of
Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of
Guy Carpenter, a global leader in providing risk and reinsurance intermediary services;
Mercer, a global leader in human resource consulting and related services; and
Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter
@Marsh_Inc.