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PUBLIC SECTOR

In the face of ongoing pressure on budgets, public sector organisations need innovative strategies that help lower the total cost of risk and support frontline service improvements.

Analytics, risk management, and local teams enable us to help you develop fit-for-purpose risk financing strategies

The public sector faces considerable challenges. Local and central government, government agencies, emergency services, and social housing providers need to control costs, build resilience into service delivery, and shape strong and vibrant communities. Effective management of risk plays a key role in meeting these challenges. That’s where Marsh can help.

For example, by the innovative use of data analytics and actuarial modelling, Marsh can challenge your current risk financing strategy and drive value for money through your procurement of insurance protection.  Our experts will spend time understanding your needs and align your risk financing strategy with your corporate objectives.  We will also drive efficiency through the procurement of insurance protection and will only recommend you pass your risk to the market once that risk has clearly been defined and rationalised with you. Our risk management and claims expertise support this more focused approach and can help you remove costs from your operations and improve resilience.

Much can be achieved with focus, determination, and original thinking. Our risk management, claims, and analytics experts support you as required. Day-to-day technical support and insurance programme management is provided by specialist client advisers who work closely together to ensure experience is shared between team members.

The result of Marsh’s public sector expertise: comprehensive, innovative risk management and risk transfer solutions that can help you achieve value for money while lowering your total cost of risk.