Organizations worldwide are increasingly impacted by emerging, complex challenges that could materially affect future goals. In this rapidly changing environment, business leaders need more than historical views to manage risk, allocate capital, and achieve results. They need to see around the next corner.
Marsh Analytics is uniquely positioned to help. Using an unmatched combination of data, analytics, and technology, we empower clients of all sizes and across industries to quantify and manage their risk financing.
By leveraging Marsh’s deep pool of claims, exposure, and placement data across industry, size, geography, and product, businesses can conduct holistic, forward-looking planning. This helps them dynamically explore risk financing options, and determine their optimal risk financing structures and risk mitigation investments.
We deliver the industry’s deepest dataset and advanced analytics through our groundbreaking, mobile Marsh Analytics Platform (MAP). It combines a forward look at risk with a customized financial view to analyze and measure both insurable and non-insurable risks.
The result: You can confidently move forward with strategic business decisions and put capital to optimal use, unlocking opportunity and growing your business.
Marsh Analytics Platform (MAP)
With insights from the Marsh Analytical Platform (MAP), you have a holistic view of risk to move forward confidently with strategic plans in today’s modern risk environment. MAP facilitates a real-time, dynamic conversation about your risk financing options. Using MAP’s multi-step process, you can gain:
- A forward look at risk, using Marsh’s deep pool of claims, exposure, and placement data — across industry, size, geography, and product — to gain a clear, informed view of future loss potential and volatility.
- A customized view that combines industry-leading loss modeling with analyses of key income statement and balance sheet drivers, enabling you to assess risk tolerance with respect to your unique capital position.
- Informed decisions on optimal risk financing structures or risk mitigation investments, delivered via a transparent view into your economic cost of risk (ECOR).
iMAP
Marsh’s iMAP, the industry’s only mobile analytics platform, helps you navigate, in real-time, massive amounts of data related to exposure, claims, and placement information — all in a dynamic, customized, and easy-to-understand experience.
Marsh has used iMAP to help evaluate risk financing for thousands of clients — from large, multinational organizations to smaller, regional businesses in multiple industries, including aviation, chemicals, construction, energy, financial services, health care, manufacturing, professional services, real estate, retail, transportation, and others.
Economic Cost of Risk (ECOR)
The traditional measure of risk exposure, total cost of risk – TCOR, does not typically account for fluctuations in loss from year to year. In the modern risk environment, senior leaders need to understand and account for this volatility. Our ECOR measure looks at volatility through an implied risk charge (IRC) which is added to the traditional TCOR equation. IRC calculates the cost of volatility unique to each company through a combination of risk volatility and cost of capital. Our ECOR analytical framework integrates risk management decision making and financial planning.
Global Loss Data Library (LDL)
By leveraging our unmatched claims database, Marsh is uniquely positioned to answer the question, “What losses might we incur?” The Marsh Global Loss Data Library represents more than $300 billion in aggregate claims. Our database contains losses in dozens of countries around the world, and more than 20 industries, to deliver a more complete picture of current and emerging trends in risk.