Marsh has a number of specialist units which,
apart from traditional insurance advisory services, offer appropriate
specialist risk control engineering services on a global basis. The
objective is to provide strong service and support to Marsh's clients
and to develop a leadership position in each of our chosen market
sectors in the supply of risk management services to indigenous
industrial and commercial clients.
Specialist units include:
- Marsh Management Services – Captive / Alternative Risk Finance
- Construction
- Marine & Energy
- FINPRO (Financial and Professional Services)
- Trade Credit
- Power/Utilities and IPP’s
- Risk Consulting
- Technology
Marsh's industry specialists located in Singapore and throughout the region
are available to deliver risk solutions and services to meet clients’ unique
requirements. Our priority is to provide clients with tailored insurance
solutions backed by the highest professional standards. Marsh has special
strengths in many sectors in addition to those mentioned above, including
Property Development, Manufacturing, E-commerce, Logistics and Transportation
and Health Care.
Where Marsh’s services include insurance placement, we combine our leading
position in the Singapore market with the highest level of international broking
skills. Our aim is to produce the optimum product from the largest global and
regional insurers and reinsurers located in Singapore and throughout the world.
Marsh in Singapore has a total commitment to meeting client needs, which has
earned the company a reputation for being professional, competitive and
innovative.
Risk
Management
Marsh enjoys a leadership position in the provision of risk
management and consulting services to large private corporations,
public entities and statutory boards. In Singapore, our experience
ranges from aircraft owners, port operators, telecoms, leisure, power
and utilities to electronic and manufacturing industries.
Marsh’s wide portfolio of hazard management and risk control
services fall into four main categories:
- Integrated Risk Management
- Asset Protection
- Safety of People
- Business Continuity
Integrated Risk Management
services focus on the need to promote the correct culture within the
organisation in order to manage risk effectively. Services include:
- Risk management strategies
- Policies and procedures
- Integrated risk assessment
- Risk management publications
- Staff training
- Environmental reviews
Asset protection represents one
of the basic building blocks of any risk management strategy. Our
service concentrates on the identification and assessment of the major
risks that can threaten buildings, plant and inventory. Our role may be
to support a risk financing program with effective loss control
measures or, alternatively, to provide descriptive reports for risk
assessment and underwriting purposes. Services include:
- Project review
- Risk identification review
- Integrated risk review
- Property risk evaluation and improvement
- Property risk underwriting review
- Security appraisal
- Fire protection engineering
- Risk control publications
- Computer integrity review
Safety of People
Much of our
health and safety work is directed towards helping clients to develop,
implement and monitor Safety Management Systems. More and more
organisations recognise that safety has to be managed, just like any
other aspect of their business. This is best achieved through a
structured safety program that seeks to ensure the well being of staff
and visitors and compliance with relevant statutory duties. Our "Safety
of People" services are often carried out on three levels:
- Review (brief snapshot view)
- Evaluation (detailed review)
- Audit (comparison with established standards and benchmarks).
Further examples of our services include:
- Safety policy and management review
- Safety compliance and verification
- Risk assessment procedures and protocol
- Management/supervisor training
- Environmental impact reviews
Business Continuity
Interruption to the operation of any organisation can pose a major
threat to profitability and, ultimately, survival. Identification,
analysis and treatment of major threats are, therefore, vital. Examples
of the services we have provided in the past include:
- Business interruption review
- Business continuity planning
- Development of crisis management plans
- Machinery breakdown review