In the world of communications, media, and technology (CMT), success depends not only on an ability to operate efficiently and innovate but also to manage new risks in a rapidly-changing marketplace.
Technology companies are moving away from hardware and pre-packaged software towards cloud computing and mobile software, while the EU Commission’s privacy arm is raising concerns regarding data storage, among other things, and constantly updating privacy laws. Companies must quickly adapt business models to meet changing regulatory, consumer, and market demands.
With multiple client business functions relying on the services you provide, the stakes are high and risk management critical. Data breaches and other cyber risks are growing. Media liability claims proliferate as new formats and distribution channels appear. Supply chain bottle-necks threaten the global flow of hardware, software, and raw materials. And convergence and collaboration – both between and within sectors – are reshaping the landscape.
Marsh’s dedicated practice has the industry knowledge of the sector to provide acute insights that help you grow with confidence and help you understand and manage these risks thanks to some of the industry’s leading risk assessment tools, data analytics, and technology.
With these tools and one of the CMT sector’s most comprehensive claims database, we quantify and prioritize exposures, helping to educate insurers, then customize coverage to align with your organization’s risk profile. And, with one of the largest CMT practices in the industry, we have the knowledge of the sector to provide acute insights that help you grow with confidence.
Gain a clearer understanding of your risk management program, achieve lower operational costs, and benefit from decreased volatility.