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Risks of destruction of plants and other property from large-scale natural disasters such as earthquakes and floods are becoming more and more serious in conjunction with the increasing complexity of supply chains as companies expand overseas. Property insurance covers economic losses from business interruption caused by property damage and breakdown of supply chains and supports trouble-free business operations.
Marsh uses its many years of experience and extensive knowledge in numerous countries and regions globally to provide tailor-made solutions that minimize property risks at optimal cost.
Marsh uses proprietary benchmarks and analytical tools based on the property insurance program arrangement experience and achievements that we have accumulated worldwide to determine the appropriate balance between risks that are retained and those that are transferred and support optimal insurance design.
Marsh negotiates with insurers about insurance terms to arrange insurance programs that are optimized for the customer’s risk environment. We also provide easy to understand explanations of the detailed provisions of Japanese and English insurance policies to ensure that they are understood.
Insurance Claims
Marsh’s insurance brokerage team cooperates with several hundred insurance claim consultants in various industries and regions to provide appropriate support to customers during all phases from preventing damage to post-incident responses. Based on our advanced expertise and reliable data, we support efficient and prompt insurance claims including complex claims and claims that are likely to be disputed.
Benchmarks
Marsh has data on more than 200,000 insurance policies in various regions including the United States, Europe, the Middle East, Africa, and Asia. We continuously update the benchmarks (databases) derived from this massive collection of policy data and use the latest information to gain the advantage in negotiations with insurers and arrange insurance the customers need under appropriate terms and at appropriate cost.