
As Hurricane Season Approaches, Chemical Companies Should Consider Parametric Coverage
While traditional insurance will remain the backbone of most companies’ risk management strategy, interest is growing in parametric solutions.
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XWorking with the only insurance brokerage practice dedicated to chemical firms, you get deep industry expertise to identify and manage potential disruptions and protect the bottom line.
Around the globe, chemical companies face continual risk challenges: environmental liabilities, employee health and safety, natural and manmade incidents, and a volatile supply chain. Any one of these risks can affect your business operations — and your bottom line.
With dedicated teams in New York, London, and Bermuda, Marsh provides risk management insights and solutions for chemical companies. Our Chemical Center of Excellence team, which includes risk engineers, forensic accountants, and claimss consultants, brings deep understanding of the industry, its players, best practices, and benchmarks.
Complementing that expertise is Marsh’s proprietary analytics, which benchmark and quantify your exposures. With an industry-leading database and analytics tools, we measure enterprise risks and customize a program for your unique needs.
Among the ways that Marsh can help your company identify and manage the frequency, severity, and impact of losses are:
• Property risk consulting.
• Supply chain modeling.
• Product risk assessments.
• Crisis management and business continuity planning.
• Workforce strategies.
• Environmental consulting.
The benefits? Insight into your exposures and expertise that helps you make the right risk-financing decisions.
Marsh is a proud associate member of the American Chemistry Council.