 In today's global economy, most companies either already operate internationally or seek to do so. New and emerging risks arise out of globalisation. Concurrently, insurance has become increasingly monitored and controlled by regulatory authorities. Marsh's Multinational Client Service (MCS) was formed to respond to the needs of organisations that operate globally and often need to meet the requirements of multiple governing bodies.
Multinational Client Service specialises in the design, negotiation, and placement of multinational risk programs as well as servicing our clients' global needs via dedicated teams located throughout Marsh's extensive global network, which serves as a critical asset in managing our clients' global risks.
By using Marsh's "Multinational Rules of the Road," a set of tools and protocols for servicing complex global programs, Marsh is able to help ensure that geographies worldwide are performing optimally for all our multinational clients.
In response to the needs of its multinational clients, Multinational Client Service created the Insurance Regulatory & Tax Consulting Practice (IRT). IRT is dedicated to providing multinational companies with support and information to help them evaluate regulatory and premium tax risks arising from their insurance and alternative risk-financing programs in all parts of the world.
Multinational Client Service is also committed to modernising and globalising insurance portfolios to meet the needs of the sophisticated global consumer, with products such as:
- standardised insurance contracts;
- automated global check-up evaluation;
- a regulation and taxation dashboard; and
- additional customised technology solutions.
Multinational Client Service addresses the following lines of coverage:
- international property;
- international automotive liability;
- international general liability;
- international products liability;
- international umbrella liability;
- international excess liability;
- international workers compensation; and
- international professional liability.
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April 23, 2012 | Views: 262 | Comments: 0 |
We identify five major risk and insurance topics in the context of 2011 catastrophes. Read More...
March 13, 2012 | Views: 803 | Comments: 0
This paper is intended to stimulate discussion on property sustainability. It introduces key risk issues and provides both a foundation and building blocks for further consideratio... Read More...
December 22, 2011 | Views: 646 | Comments: 0 |
A summary of the insurance regulation and premium tax related news that could affect insurance contracts procured by a multinational group. Read More...
July 21, 2011 | Views: 609 | Comments: 0
This issue provides an update on insurance regulations and premium tax-related changes in the U.S., U.K., Canada, China, and several other countries. Read More...
April 26, 2012 | Views: 166 | Comments: 0
A summary of the insurance regulation and premium tax related news that could affect insurance contracts procured by a multinational group. Read More...
April 04, 2012 | Views: 234 | Comments: 0 |
Increasingly the Insurance Compensation Consortium (Consorcio de Compensacion de Seguros – "Consorcio") in Spain is requesting evidence that the Consorcio charge, premium tax, inso... Read More...
January 25, 2012 | Views: 780 | Comments: 0
This publication is a synopsis of presentations made at Marsh's fourth annual Client Conference in London, 6 December 2011. Read More...
November 15, 2011 | Views: 523 | Comments: 0 |
London and European Market UpdateBowring Marsh’s Operational Property Power Annual Market Overview published in December 2010 commented that the year’s mild hurricane season meant ... Read More...
March 02, 2011 | Views: 406 | Comments: 0
Global supply chains are at risk from ‘duty of care’ rules that are part of the European Union’s REACH (Registration, Evaluation and Authorisation of Chemicals) legislation. Read More...
February 10, 2011 | Views: 189 | Comments: 0
Our panel focused on political risk, supply chain, business interruption, and the insurance implications and considerations associated with recent political violence in Egypt. Read More...
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Views: 966 | Comments: 0 |
Many risks that threaten organisations cannot easily be transferred to the conventional insurance market due to capacity constraints, high cost or other factors. Read More...
Views: 786 | Comments: 0 |
Supply chains are becoming increasingly complex and the dependence being placed on them is unprecedented. Companies invest countless hours implementing an array of technology and m... Read More...
Views: 835 | Comments: 0 |
Every year, thousands of people are kidnapped worldwide. No one is immune, but victims tend to be wealthy local businessmen, contractors, business travellers or expatriate employee... Read More...
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July 10, 2011 | Views: 1348 | Comments: 0
Following the first quarter’s earthquake in New Zealand, floods in Australia, and earthquake, tsunami and nuclear disaster in Japan, the second quarter of 2011 brought more d... Read More...
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September 20, 2011 | Views: 1017 | Comments: 0 |
The United Nations Food and Agriculture Organization (FAO) urged global leaders to consider heightened preparedness and surveillance as it appears that a mutant strain of H5N1 is s... Read More...
July 21, 2011 | Views: 1331 | Comments: 0 |
The global regulatory environment has evolved dramatically in recent years, and multinational companies now strive to achieve compliance with local regulations as they face enhance... Read More...
June 24, 2011 | Views: 1396 | Comments: 0 |
Torrential rains have hit central and southern China this month, with 13 provinces and municipalities affected, including Zhejiang, Hubei, Jiangxi, Guizhou, and Guangdong. Read More...
May 25, 2011 | Views: 1348 | Comments: 0 |
Effective June 1, 2011, the “Cash Before Cover” provision introduced in the Chinese market last year, will be implemented across more cities and provinces in China. Read More...
May 20, 2011 | Views: 1287 | Comments: 0 |
Effective July 1, 2011, all U.K. businesses will be required to comply with the new Bribery Act laws. Those that fail to establish and document anti-bribery and corruption procedur... Read More...
May 17, 2011 | Views: 1118 | Comments: 0 |
In an historic recent court case, an executive was convicted of murder on the grounds that the company’s failure to adopt accident prevention and safety measures resulted in the de... Read More...
March 14, 2011 | Views: 1223 | Comments: 0
Multinational companies are demanding greater adherence to insurance and premium tax compliance regulations, as they face enhanced scrutiny from governmental bodies. Read More...
March 11, 2011 | Views: 1415 | Comments: 0 |
The global regulatory environment has hanged substantially, particularly in relation to insurance requirements and premium taxes changes. Read More...
November 10, 2010 | Views: 1168 | Comments: 0 |
Risk managers must ensure they have adequate directors and officers (D&O) coverage, as shareholder lawsuits increase with U.S. companies expanding overseas, according to a recent w... Read More...
July 21, 2010 | Views: 812 | Comments: 0 |
Senior executives and risk managers of global companies are increasingly vigilant of regulations around insurance requirements, premium taxes, and insurance compliance, as they str... Read More...
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March 18, 2011 | Views: 855
Organisations need to prepare for the possibility of an extended disruption to global supply chains resulting from the earthquake and tsunami in Japan, Marsh warned today. Thousand... Read More...
February 07, 2011 | Views: 1518
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...
September 14, 2010 | Views: 703
London, 14 September 2010 – Investors in Asia are returning to the merger and acquisition table with a renewed interest in risk mitigation tools such as Warranty & Indemnity Insura... Read More...
September 01, 2010 | Views: 784
London, 1 September 2010 – Chinese companies hungry for expansion and investment overseas face unfamiliar risk landscapes, requiring a deep understanding of the local environment, ... Read More...
August 09, 2010 | Views: 727
London, 9 August 2010 – Insurance buyers across Europe, the Middle East and Africa (EMEA) are reaping the cost benefits created by greater competition among insurers for their busi... Read More...
August 26, 2009 | Views: 1062
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...
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