STARS becomes Marsh ClearSight

New York, NY   |   Marți, 14 Aprilie 2015

Rebranding reflects strategic role of analytics, collaboration, and integrated applications in new era of dynamic risk management

Reflecting the growing importance of analytics, collaboration, and data-driven workflow applications in risk management, Marsh LLC, a global leader in insurance broking and risk management, today announced it is rebranding its STARS business unit and technology platform to Marsh ClearSight.

A leading provider of risk, safety, and claims management software, Marsh ClearSight, under its new brand, is making a strategic move to further integrate its innovative technology with Marsh’s extensive data and analytics resources to help clients consolidate their risk information and better optimize their risk decisions. This move broadens the scope of the business beyond traditional risk management and into the realm of dynamic risk management with real-time data and analytics.

“In Marsh ClearSight, we have brought together the leading edge technology of STARS with the data and analytics depth of Marsh, to provide the risk management community with a comprehensive platform that delivers actionable intelligence,” said John Drzik, President of Marsh Global Risk and Specialties.

Last October, Marsh ClearSight announced the alpha version of the industry’s first risk management platform that brings together integrated applications, analytics, and collaboration tools to help clients better manage their Total Cost of Risk (TCOR) with data-driven insights. This new platform, also named Marsh ClearSight, leverages Marsh’s industry-leading risk database, and the knowledge and expertise of the global Marsh network.

“The innovations in social, mobile, analytics, and cloud technologies offer the opportunity to meet the growing needs of risk management stakeholders in providing real-time information. We have utilized these technologies in developing the Marsh ClearSight software platform – the first collaborative network for the risk management ecosystem with data-driven workflow applications and robust analytics,” said Paul Marushka, President of Marsh ClearSight.

“Marsh ClearSight is in a unique position with this platform to move the market in an entirely new direction,” said veteran industry expert David Tweedy, Director of Risk Management Information Systems at Bickmore. “To better align with the rest of the enterprise, risk management needs to evolve from static process automation and reporting tools to a dynamic approach, powered by data and analytics that helps risk managers engage stakeholders across their organization to make the best possible risk decisions.”

About Marsh

Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US$17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.