TRANSPORTATION

In a fiercely competitive market with lean margins, the need to cut costs, increase efficiencies, and attract and retain the right talent, are key concerns for the sector. However, with advances in technology, global supply chains and increasing expectations from consumers, new entrants into the market are disrupting traditional service models. Understanding and responding to the new risks associated with diversification and change will be essential for survival.

Marsh can support you as you adapt to the new trading reality, with extensive expertise covering logistics and major fleet operators, warehousing and cargo facilities, and ports and terminals.

• In a low-margin environment, the issue for most companies is that managing a motor claim is time consuming and not seen as a core function. Marsh understands the challenges faced by fleet operators and has developed a tried and tested strategy designed to help you reduce motor insurance premiums and hidden costs.
  
  
• Our fleet consulting experts, supported by industry-leading data and analytics and actuarial modelling tools will provide insights to help you understand your risk exposures, and the approaches to manage them.
  
  
• For many operators, growth by merger or acquisition is viewed as a way to expand their offering, increase efficiencies, gain new customers, and/or acquire new facilities. Connected to a team of merger and acquisition and motor professionals throughout Europe, we can work with you, as you grow.
  
  
• Technology has the potential to fundamentally alter the way in which you operate, due to the adoption of automation enhancements and the use of increasing amounts of data. Marsh’s Transportation Practice views keeping at the forefront of emerging issues and technological change as key to providing best client advice and enhancing the benefits we can deliver to clients businesses.

While the challenges of capacity and passenger satisfaction are not to be underestimated, the industry is facing a period of change and remodelling. The regular news headlining of infrastructure projects, will mean that rail travel and the overall network will look very different in the years to come. The move to digitisation and the rise of intelligent transport networks will be part of the solution for capacity problems while global trends such as growing urban populations and a deeper understanding of the environmental impact of our transport systems will put pressure on governments and operators to operate in a new mobility environment.

Marsh's Transportation Practice works with rail operators in the UK and Europe and is connected to both Bowring Marsh for International rail operations and to the Global Rail Practice based in Washington DC. Our practice focuses on the operational conditions, legal and regulatory environment, and specific risks that different operators face in the UK and Europe, covering all aspects of the value chain:

• Passenger railways, including regional, urban, and commuter.
• Freight operators.
• Light rail/metro operators.
• Infrastructure owners and managers.
• Rolling stock and product manufacturers.
• Rolling stock leasing.
• Professional services companies supplying railway design and management services, private equity partners in rail special purpose vehicles and joint ventures, construction contractors.
• Rolling stock, track and signal maintenance contractors.

Our team has extensive hands-on industry expertise and knowledge gained from working with a range of clients in the rail sector over many years. We can provide:

• Unique insight to traditional and emerging risk issues around the world.
• Access to draw upon the strength of our extensive insurance placements and our global network to bring relevant benchmarking data to help meet the needs of our clients on claims and limits purchased.
• Learning and networking at workshop and round table events facilitated by Marsh on topics raised by you and your peers.