An increasingly litigious environment, larger punitive awards, rising workers’ compensation costs, complex global regulations, these trends can translate into greater liability risks that businesses must successfully manage.
Marsh’s Casualty Practice aims to address these challenges through MPACTSM, our integrated approach to reducing all elements of casualty-related total cost of risk (TCOR). We can help you break down every component of your TCOR, identify and prioritize cost-reduction opportunities, and optimize your casualty insurance program.
Our casualty teams, supported by specialists in workers’ compensation, international casualty, excess liability, and other areas can serve as your advocates, capitalizing on years of experience to tailor a customized risk management solution to meet your unique needs. And with our proprietary benchmarking and analytic tools, we can help you to optimize purchase decisions, determine appropriate retentions and limits, allocate resources strategically, and reduce costs.
The result: Lower total cost of risk, less volatility in insurance pricing, better claims recovery, compliance with international regulations, and protection from the unexpected.