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Media

Sophisticated tools, powerful analytics, and deep insights can help you better assess, understand, and manage risks, thereby providing greater protection for your business.

For communications, media, and technology (CMT) companies, risk management can be challenging, simply because the stakes are so high. Multiple client business functions rely on the services you provide.

Success hinges on the ability to seize opportunities afforded by innovation in a rapidly-changing marketplace – while managing the risks. Data breaches and other cyber risks are growing. Media liability claims proliferate as new formats and distribution channels appear.  Supply chain bottle-necks threaten the global flow of hardware, software, and raw materials. And convergence and collaboration – both between and within sectors – are reshaping the landscape.

Marsh can help you understand and manage these risks using some of the industry’s leading risk assessment tools, data, analytics, and technology. With these tools and one of the CMT sector’s most comprehensive claims database, we quantify and prioritise exposures, helping to educate insurers, then customise coverage to align with your organisation’s risk profile. And, with one of the largest CMT practices in the industry, we have the knowledge of the sector to provide acute insights that help you grow with confidence.

The results: A clearer understanding of your risk management programme, optimised operational costs, and decreased volatility.

Related insights

Media organizations are particularly vulnerable to accusations of libel and slander, intellectual property infringement, and violations of programming regulations. There can be significant costs involved with retaining legal counsel and defending one’s organization (or oneself) against these claims, often well into the tens of millions.

To protect your interests, it is a good idea to consider investing in a broad media liability insurance policy, tailored specifically to the risks and needs of your organization and your contributors such as advertising agencies, producers, authors and publishers, broadcasters, bloggers, and social media influencers.