Today’s businesses need to manage a multitude of risk issues, often on a daily basis. Marsh Advisory’s Consulting Solutions can help you to meet these challenges, because our experts work together with you to understand risk from your perspective. This approach enables us to provide you with bespoke strategic advice and innovative solutions across a wide range of insurable and non-insurable risks. Our sole focus is risk management – which is why you can consistently call upon us to handle your most challenging business issues.
We help you to manage your organisation’s risk strategically, with bespoke solutions designed to meet not only your risk management objectives, but also your overall business goals. Using industry-leading data and analytics, we evaluate your exposures and risk management programme gaps, helping you to determine the return on your investment and make informed decisions about programme adjustments and direction.
We can help you understand the likelihood and impact of diverse risks on your operations, and monitor, manage, and reduce the impact of those risks. You can recover from losses faster, take advantage of emerging business opportunities, and achieve business objectives.
The result: We can help you change and manage your risk profile in such a way that improves resiliency, reduces future claims, and minimises risk costs.
Property Loss Control Engineering studies
Marsh Risk Consulting’s (MRC) Property Risk Consulting (PRC) practice delivers a range of value-added property risk engineering services and loss control identification, assessment, and mitigation consulting solutions. Our services, aligned with your organization and objectives, qualify and quantify operational, hazard, and business risks associated with real assets and their performance.
Our customized services provide focused analysis and specific recommendations for mitigating exposures at every phase in the property lifecycle.
In addition, we leverage the industry and insurance expertise of Marsh to provide appropriate risk transfer strategies for property risk management.
For more details refer to the detailed service brochure listed on the ‘Related Products & Solutions’ section.
Natural Catastrophic, Fire and Explosion Exposure Quantification and Mitigation Studies
Extreme weather events and natural disasters ranked as the top two risks in terms of both likelihood and impact in the World Economic Forum’s The Global Risks Report, 2018 (The GRR).
Marsh Risk Consulting (MRC) offers a broad range of catastrophe risk consulting services to help you better identify and quantify your natural hazard risks.
We can help you determine the most appropriate strategies to prevent, reduce and cope with risks and any resulting business interruption, depending upon a business’ industry, location, facilities and individual circumstances.
For more details refer to the detailed service brochure listed on the ‘Related Products & Solutions’ section.
Project Risk Engineering
Building cost efficient and resilient facilities is imperative for ensuring business continuity and meeting completion timelines. Also, as the industry continues to evolve, new risks emerge that need to be identified, quantified, and managed correctly.
MRC’s Property Risk Consultancy team has more than 200 dedicated professionals worldwide who offer services specific to project risk management such as innovative and cost effective engineering solutions. We design strategies tailored to meet your specific needs.
For more details refer to the detailed service brochure listed on the ‘Related Products & Solutions’ section.
Fire Protection Engineering Consultancy
Fire protection systems are becoming increasingly complex, with new technologies being introduced at ever increasing rates.
Many regulatory standards are aimed at human safety and may undermine property loss prevention which is crucial for business continuity. For the unwary, the pitfalls are plentiful.
Marsh Risk Consultants are independent of regulators and contractors, and can help you select and implement fire protection systems that meet your specific needs.
For more details refer to the detailed service brochure listed on the ‘Related Products & Solutions’ section.
Fire & Life Safety Audits
Often, fire life safety (FLS) systems are not considered important in day-to-day operations and therefore fail when they are needed the most. Consequently, the safety of personnel is sometimes compromised. The FLS system’s failure becomes even more important in cases of public liability in hotels and hospitals, as they usually have a large gathering of people.
MRC works with clients and independently inspects the fire and life safety arrangements in the premises. The practice provides reports to highlight the gaps in FLS systems as well as recommendations to bridge the gaps, including the priority level for each of the non-compliance areas in the industry specific categories.
In these audits, MRC professionals examine all these factors. The scope depends on client requirement, and range from discussions with the top management to understanding their safety philosophy to support to the operation staff that implement the policies.
For more details refer to the detailed service brochure listed on the ‘Related Products & Solutions’ section”.
Workplace Safety Audits
Organizations seek ways to retain their most valued employees. In addition, they need to comply with regulations and optimize workforce-related resources. The occupational safety and health (OSH) issue in India is complex. Although In 2009, a national OSH policy was declared. Currently, a code on OSH is being developed.
Workplace safety is a cross industry discipline that looks at the ways, means, and reasons for protecting the safety, health, and welfare of factory workers and other employees. The discipline also encompasses the impact of workplace safety on employees and their families, together with that of customers, suppliers, and local communities.
The Marsh Risk Consulting team provides a check list based audit designed to offer insight on organizations’ culture. In addition, the current workplace OSH process is analysed.
For more details refer to the detailed service brochure listed on the ‘Related Products & Solutions’ section”.
Other MRC Offerings
- Forensic Accounting and Claims Services
- Logistic Risk Management
- Property Risk Dashboards
- Risk Financing Optimization
- Enterprise Risk Management
- Business Continuity Management
- Business Impact Analysis / Value Stream Mapping
- Fire Safety Evaluation of Façades
For more details refer to the detailed service brochure listed on the ‘Related Products & Solutions’ section.