Risk Consulting

Creating risk management strategies through deep industry expertise, advanced analytics, and specialist global knowledge to help you optimise your business.

Managing risk in today's environment is complex.

It becomes even more complicated when global events such as pandemics, cyberattacks, geopolitical upheavals, or supply chain disruptions affect not only your business and employees, but also your customers, suppliers, and the economies in which you operate.

Faced with more frequent and unpredictable risks, leaders feel pressure from their boards, investors, customers, and regulators to better anticipate and minimise the impact of risks on their business’ bottom line and operations. This is more challenging than ever, as the risks of today and tomorrow are more difficult to identify, understand, quantify, and manage.

Marsh’s Advisory Consulting Solutions team helps you continually uncover insight into the most pressing business risks — and build roadmaps for better outcomes. Our team works closely and collaboratively with you to implement changes that impact financial improvement, helping you manage volatility while enhancing your risk management culture and, ultimately, bottom line. Combining specialised expertise and advanced analytics, we enable businesses to spot emerging opportunities with confidence.

We are your trusted partner as you adopt and implement new strategies to help reduce risk exposure, improve profitability, and strengthen organisational resilience.

For more information and analysis on risk management, visit our insights section.

Article

03/04/2025

Omnibus: The journey is more important than the destination

Sustainability is crucial for business resilience and risk management, addressing climate-related challenges and maximizing opportunities amid ongoing societal changes.

Article

20/03/2025

Understanding the 2024 UK Corporate Governance Code changes

Understand key changes in the 2024 UK Corporate Governance Code, focusing on accountability, risk management, and effective governance practices.

Article

20/03/2025

Managing steel and aluminum tariff uncertainties

On March 12, 2025, the US government announced new 25% tariffs on steel and aluminum imports, deepening ongoing concerns about the potential implications for global trade and domestic industries.

Woman consoling a man with a checkered shirt. Talk therapy. Mental health concept.

Case Study

16/11/2023

Addressing physical and psychosocial risks

Marsh’s Advisory Workforce Strategies team developed a bespoke audit tool, covering physical and psychosocial risk management to assist with understanding and managing psychosocial risks and complying with new legislation.

Case Study

20/09/2023

Navigating earthquake risk for a Pacific port

Marsh’s Advisory Property Risk Solutions team undertook a comprehensive earthquake analysis using our natural catastrophe specialists to assess the client’s earthquake risk, evaluate the adequacy of current insurance arrangements and support negotiations with key stakeholders using objective analysis of the risk.

Man holding two jigsaw puzzles put together, business management concept and business risk management. Business solutions, success and strategy concept.

Case Study

18/08/2023

Building a resilience plan for a Rental company

A UK-based rental company experienced record growth during the COVID-19 pandemic. But with no centralised resilience strategy, the firm was exposed to a high level of disruption.

FAQs

Essentially, a risk advisor learns about the pressures, risks and opportunities surrounding your specific business and the wider market. Everything from political risk to financial crime is analysed in the right perspective, showing how it may affect what you do. Research and analysis of critical data is a major element of risk advisory services, but so is deep industry knowledge, as well as the ability to collect and draw insights from complex information. It is essential for organisations hoping to anticipate and mitigate risk and develop risk management strategies in the face of turbulence. You can plan ahead for risk.

The best risk consultants are a trusted advisor, helping you develop risk strategy unique to your industry and specific business goals. We leverage proven methodologies and models built on what we’ve been learning for many decades. Therefore, you have a confident response to the rich, ever-changing variables that affect business around the globe. It’s not just about managing and recuperating the cost of risks, but preventing them from ever happening – and turning them to your advantage to advance profit, capital, and innovation opportunities.

With our assistance, you’re able to:

Make smarter decisions: Our risk consultants have a deep understanding of the type of risks you may encounter, such as the industry or political risk, based on a significant amount of trend and data analysis. In addition, we are embedded within regions ourselves for even sharper insights. We’ve developed extensive risk mitigation and management strategies, helping our clients plan for unforeseen events.
Effectively communicate risk goals and strategies: Getting everyone on the same page is crucial for risk management to launch and thrive. We can help you facilitate an ongoing conversation between key stakeholders, so you have buy-in and a shared realistic understanding of the outcomes you are working towards.
Increase productivity: Many risk departments are being forced to do more with less. Risk consultants can extend your team, scaling up or down with business needs. We also allow you to tap into a pool of highly specialists that may be needed for a specific situation or challenge.
Improve operations: We can work with you to build proactive business risk management processes and practices, thereby reducing and preventing the chance of business interruption. We conduct a full audit of risk management processes, assessing gaps and streamlining changes. This can reduce compliance risk that could result in fines or criminal charges.

Typically, we look at an enormous range of risk – from enterprise risk management to specialist financial, manufacturing, supply, software, and environmental concerns. Thanks to our size and global reach, Marsh has wide ranging solutions to counter risk at every turn. Yet some of our more persistent areas of attention include:

Property engineering and loss control
Valuation services
Property risk modelling
Risk quality assessment
Risk management and claims advocacy
Casualty risk
Workforce solutions
Employee management
Workers compensation
Regulation and compliance issues
Health and safety consulting
Ergonomics
Loss prevention and mitigation
Cybersecurity
Enterprise risk management
ESG risk management
Supply chain
Business continuity management
Crisis management
Claims management
Captives management

With risk consulting services, you can have peace of mind that your approach to evaluating and managing risk is built upon best practices and proven methodologies – and by specialists who understand your industry and challenges. A risk advisor can make it easier for you to dive further into your risks and use these insights to your advantage. Here are a few of the many potential benefits of risk consulting:

Make informed decisions: A risk consultant understands the types of risks that can impact your business, studies the latest risk trends and data affecting your industry, and has experience developing mitigation and management strategies and plans. This knowledge puts you in a better position to plan for unforeseen events and advise your business on optimal risk management strategies.
Effectively communicate risk goals and strategies: Risk management and mitigation starts with conversing about the problem and potential solution. Hiring a risk advisor means getting involved in an ongoing conversation that puts your entire team on the same page and makes it easier to work together to form a solution.
Increase productivity: Many risk departments are being forced to do more with less. Risk consultants can act as an extension of your team and give you the ability to scale up or down based on your business needs.
Improve operations: Risk consultants can audit your existing risk management processes, identify inefficiencies, and create plans to streamline them.

Other benefits include meeting compliance requirements, making operational improvements, and more.

Risk Consulting

Managing risk in today's environment is complex.

Our expertise

Featured insights

Omnibus: The journey is more important than the destination

Understanding the 2024 UK Corporate Governance Code changes

Managing steel and aluminum tariff uncertainties

Case studies

Addressing physical and psychosocial risks

Navigating earthquake risk for a Pacific port

Building a resilience plan for a Rental company

FAQs

Global leadership

Giampaolo Scarso

Talal Darras

Richard Baudin

Marsh.com Sign in

Risk Consulting

Managing risk in today's environment is complex.

The Global Risks Report

Our expertise

Featured insights

Omnibus: The journey is more important than the destination

Understanding the 2024 UK Corporate Governance Code changes

Managing steel and aluminum tariff uncertainties

Learn more about Marsh’s other Advisory capabilities

Case studies

Addressing physical and psychosocial risks

Navigating earthquake risk for a Pacific port

Building a resilience plan for a Rental company

FAQs

What is risk consulting?

Why do businesses need risk consulting services?

What areas does risk consulting typically cover?

What are the benefits of risk consulting?

Global leadership

Giampaolo Scarso

Talal Darras

Richard Baudin

Talk to us