Millions of working days are lost every year in the construction industry due to accidents. In addition, contractual default risk is a constant and potentially costly concern. These are just two among many risks that at any moment could increase your firm’s costs and disrupt projects. Are you sure that your firm is adequately managing the exposures?
Marsh helps you assess risks and opportunities and uncover ways to use working capital more efficiently. We can help you develop a risk management program that combats uncertainty and meets your specific needs. We measure your firm’s appetite for risk and take your program to market knowing the best markets for the best structure and pricing.
Offering specialist construction industry expertise backed up by proved industry-leading analytics and predictive modelling engines allows Marsh to provide risk management strategies and cost-effective solutions optimized for your business. Marsh Global Construction and Infrastructure Practices have also established a specialist infrastructure resource hub: the Project Risks Group (PRG), dedicated to assisting you to manage risk.
No construction project is risk-free, but potential threats to buildings and infrastructure can be minimized and managed with the right risk management strategies. Marsh has the resources, experience, international network of offices, and placement experience to provide those strategies. And with Marsh’s global account, we can consider for your international projects the most competitive underwriters, irrespective of their geographical location.
Marsh provides an international team via its Global Construction Practice ensuring that whatever your objectives, they will be comprehensively realized.