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Peeravut Sukho
Country Sales Leader, Thailand
The complex nature of business today does not occur in a vacuum. Companies form part of interdependent networks with many internal and external stakeholders. As the business environment becomes increasingly interconnected and volatile, it’s important for you to have a comprehensive and up-to-date understanding of the risks to your everyday business operations and be prepared to manage them.
Business interruption can occur due to any number of factors, ranging from property damage caused by a major storm, machinery breakdowns, labor disputes, cyberattacks, and other risk events. Business interruption losses can range from reduced sales, to the increased cost of working due to the loss of a critical supplier, to the loss of future revenue streams from a disruptive event.
While business interruption is not a new risk phenomenon, companies still struggle to manage and accurately assess their risk exposures. This is due to operational and financial reasons and the vast amount of data that needs to be collected from across an organization.
Marsh’s business interruption specialists can provide you with data-backed insights into potential causes of business interruption, help you stress test your organization’s resilience, and develop effective risk transfer and management strategies. When the worst happens, our claims specialists can help with properly identifying your business interruption losses and costs, and then advocating for appropriate recovery from insurers.
Our team works with your company’s leadership and stakeholders to address and mitigate business interruption risks, ensuring you are positioned along a more stable road to success.
Today, companies don’t operate in isolation; they are part of a complex network with multiple stakeholders in a volatile global business environment. Having a comprehensive and deep understanding of supply network ecosystems and the organisational resilience to respond quickly to threats and their impacts are critical to business success.
A value-driven, flow-based supply chain resiliency strategy can provide the framework for an integrated approach to supply-network risk management. This approach is one element of a suite of services that includes BI values and policy reviews, claims preparation, and natural catastrophe exposure analysis. By taking a multidimensional approach to BI, the Marsh Business Interruption Centre of Excellence (BICoE) helps ensure that you employ the right solutions for your organisation and its unique risk profile.
We work with colleagues across Marsh, clients, insurers, and professional bodies to improve the understanding of BI risk and the quantification of exposures in order to better articulate these risks to the insurance market. And we deliver enhanced coverage options built on a deeper understanding of individual businesses and efficient, economic risk-transfer solutions tailored to your needs.
Country Sales Leader, Thailand
Practice Leader Forensic Accounting & Claims Services, Asia
Australia