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XPowerful analytics and acute insurance market insights are critical to identifying, quantifying, and managing risk — and reducing costs.
Risk In Context
To help organisers and promoters plan ahead and be equipped with the right tools to develop a COVID safe environment at the next event, Marsh has created a high-level checklist to get you started.
Risk in Context
TRENZ a showpiece tourism industry event for New Zealand was impacted by the COVID-19 pandemic. However, it was covered by an Event Cancellation Insurance (ECI) policy.
Sports, entertainment and event industries are comprised of a diverse mix of professionals from private, government, not-for-profit, sports, arts and culture sectors; all of which face numerous risks on a frequent basis. A single man-made or natural disaster can have financial and operational consequences ranging from third-party liability to brand and reputational damage.
Marsh’s local industry experts can help to identify, quantify, and manage these risks. As part of a global network of leading risk advisers to the industry, we have the specialised knowledge and market intelligence to help execute a risk management programme based on your company’s unique exposures and business goals.
With a considerable industry database, as well as benchmarking and analytics, we can provide quantitative insights to implement strategic priorities with confidence. Our experts work with you in order to help you identify risk trends, anticipate emerging issues and design adequate risk management strategies for your organisation.
By understanding exposures from four primary perspectives – hazard, finances, strategy, and operations – we can help determine optimal strategies for managing your risk portfolio, enabling you to pinpoint the best coverage levels, reduce total cost of risk and improve overall cash flow.
Event management organisations face significant challenges in the planning and delivery of events to ensure that budgets are met, the event takes place at the planned venue on the correct date, and all risks have been identified, evaluated, and mitigated.
Marsh offers you solutions such as:
Sports organisations and teams are exposed to numerous risks. As risk adviser and consultant to a diversity of sports teams and organisations across the world, Marsh can help you manage these challenges with solutions such as:
Professional sports and event venues are exposed to many natural and man-made risks. As risk adviser and consultant to a large number of major professional arenas in the world, Marsh can help you manage these challenges with solutions such as:
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