According to international economists, since 2011 there has been a 70% increase in the number of companies operating internationally, as emerging economies have grown to account for 50% of the global economy.
Marsh’s multinational teams, backed by market-leading digital platforms, can be your first point of contact on all international insurance and risk issues. We support you with simplifying processes, maintaining transparency, and helping you develop global programs that align with local country standards.
Our global network of specialists offers insights, developed through years of experience in building customized insurance programs, to provide clients with seamless service and advice around the world.
Today, more than 42% of Fortune Global 500 companies are headquartered in Asia — an increase from just 29% in 2010, which indicates the rising competitiveness of the region’s businesses on the world stage. As Asia’s multinational companies (MNCs) pursue immense growth and investment opportunities globally, they need risk transfer and mitigation solutions that are tailored to their unique requirements and local regulatory environments. Risk management and insurance solutions are key to safeguarding their ambitions, which has seen an outwards foreign direct investment (FDI) stock from China, Japan, Korea, Taiwan, and India totaling over US$5.4 trillion — more than three times of the US$1.6 trillion in 2010.
The focus of these FDIs mainly centers upon infrastructure development, heavy industry, automotive, and high-end manufacturing. China, for example, has pledged more than US$1 trillion towards the Belt and Road Initiative, with projects and investment opportunities valued at US$3.7 trillion. Risk exposures from projects, physical assets, and investments need to be accurately quantified, and partnering with an experienced insurance broker and risk advisor is a crucial step to uncovering risk blind spots, prioritizing the right risks to address, and ensuring corporate accountability to stakeholders.
Quality of service sits at the heart of our network model. Marsh has decades of experience in Asia, providing specialist advice on managing multinational insurance programs and providing the highest level of local account service. This is what you can expect:
Marsh maintains an extensive and majority-owned network that operates seamlessly across the world. Through its global leadership, our network has the stability and culture to provide accountable, fluid, and consistent service for multinational clients. We provide consistent execution supported by clear escalation protocols and a global community of specialists. Our team continually shares best practices, helping us to deliver unmatched perspectives on global risk.
Our country-specific servicing teams provide unparalleled knowledge and support for the efficient management of cross-border programs, as well as the cost-effective procurement of compulsory and ancillary local coverages for companies. The effective execution of our clients’ global risk management strategy is underpinned by strategic central planning, our proprietary single technology platform, and consistent performance standards.
Our team of experienced global insurance advisors provides strategic insight and support on optimal international program design and network leadership. We have a deep understanding of insurance regulation and practice in territories around the world, which is especially important for companies operating in challenging regulatory and insurance environments.
Our industry-leading digital technology platform — Marsh Global Connect — provides clients with up-to-date data and global insight into multinational insurance programs, including a summary of global and local policies, detailed cost analysis by country, reporting functionality, and more. Our digital commitment includes the delivery of benchmarking, claims forecasting, and other analytics solutions. Each of these helps improve decision-making and drive efficiency across your multinational business.
SVP, Risk Management Leader
