 Chemical companies face a broad range of risk issues related to the very nature of their products and processes. Emerging issues—such as expansion in emerging economies, availability of raw materials, increasingly complex supply chains, and an ever-changing regulatory environment along with more traditional concerns—risks of fires and explosions, workforce safety, and environmental liabilities— represent some of the many threats to the success of companies operating in the chemical sector.
This challenging environment has given rise to a new set of risks as well as heightened concern with traditional exposures.
Marsh's commitment to industry specialization creates a truly differentiated client experience — an experience based on brokerage excellence, analytical rigor, deep intellectual capital and access to unrivaled global talent. Industry expertise is particularly relevant in an industry where managing risks is a core business objective.
Marsh's Chemical Practice provides risk management services and cutting-edge risk solutions for organizations involved in the production, importation and use of chemicals. Organizations that benefit from our expertise include specialty chemical companies, fine and intermediate chemical companies, petrochemical companies as well as industries where the use of chemicals form a significant part of their business activities.
We continue to be innovators in responding to the emerging trends in the industry and have developed a broad range of insurance solutions and consulting services that include:
- customized benchmarking reports;
- property loss control and natural hazard modeling;
- product liability claim and mass tort litigation;
- environmental consulting;
- solutions around plants closures, restructuring and bankruptcy;
- forensic accounting and property valuation services;
- value Stream mapping and supply chain consulting;
- mergers & acquisitions due diligence;
- crisis management planning and training;
- chemical security assessment;
- human capital screening (background screening; and
- enterprise risk management.
With our integrated risk management solutions and benchmarking capabilities, combined with access to the services of other Marsh & McLennan Companies, Marsh offers chemical organizations a full spectrum of services and expertise to help them succeed in their changing environment.
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October 19, 2011 | Views: 990 | Comments: 0 |
This article focuses on the risks and risk management solutions regarding hydraulic fracturing, or "fracking", a technique used to recover natural gas from shale formations. >>
July 22, 2011 | Views: 505 | Comments: 0 |
We outline the latest trends and developments taking place in the chemical industry. >>
August 29, 2011 | Views: 839 | Comments: 0 |
The possible implications, cost mitigation strategies, and programs needed to meet the challenges associated with combustible dust require a strategic approach. >>
August 12, 2011 | Views: 1724 | Comments: 0 |
With intellectual property often accounting for a significant percentage of a company's value, understanding the insurance coverage to protect it is imperative. >>
June 23, 2011 | Views: 677 | Comments: 0
Bruce Belzak, leader of our Life Sciences Practice, led a panel of experts, who discussed the possible implications, cost mitigation strategies, and programs needed to meet the cha... >>
May 03, 2011 | Views: 616 | Comments: 0
The May 2011 issue of our quarterly environmental newsletter covers trends and developments in the environmental insurance market, the EPA's focus on financial assurance requiremen... >>
April 04, 2011 | Views: 447 | Comments: 0 |
Although the EPA has not established any safety limits for PPCP’s in drinking water, the agency is moving in the direction of detecting low concentrations of these materials ... >>
March 30, 2011 | Views: 516 | Comments: 0
This white paper is intended to be a catalyst not only for discussion around the risk issues raised by a changing climate, but also to serve as a guide to executives on how they ca... >>
December 30, 2010 | Views: 290 | Comments: 0
What is the effect of the restriction of a chemical substance under REACH on product liability? >>
October 01, 2010 | Views: 496 | Comments: 0 |
The attached is a summary of the insurance premium tax related news that could affect insurance premiums payable under a contract of insurance by an insured to an insurer. >>
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Views: 447 | Comments: 0
Marsh developed ChemPreferred, a customized package of policies that offers broad insurance protection, to address the complex risks midsize chemical companies face. >>
Views: 2196 | Comments: 0 |
The Benchmarking Portal's rapidly growing database contains information on nearly 115,000 insurance policies covering $US75 billion in premium placements. >>
Views: 2803 | Comments: 0 |
CS STARS LLC supports comprehensive risk management, enterprise risk management and compliance and safety management. >>
Views: 753 | Comments: 0 |
Marsh's Environmental Practice comprises professionals with backgrounds in environmental science, engineering, law, insurance broking and underwriting, and other disciplines. >>
Views: 1021 | Comments: 0 |
Marsh Risk Consulting (MRC) has developed a comprehensive methodology to help organizations protect their IP and critical information. >>
Views: 3138 | Comments: 0 |
Marsh 3D is our dynamic service process, embedding powerful analytics and tools to help maximize the impact we can have on clients' risks at every juncture. >>
Views: 826 | Comments: 0
In the event of a product liability suit, Marsh Risk Consulting provides a broad range of services to clients and their defense counsel. >>
Views: 1027 | Comments: 0
MRC’s Product Risk Practice provides solutions across the entire product lifecycle. >>
Views: 325 | Comments: 0
The EU introduced REACH to regulate the more than 100,000 chemical substances that are commonly in use within the European Union. >>
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March 14, 2011 | Views: 1217 | Comments: 0 |
Multinational companies are demanding greater adherence to insurance and premium tax compliance regulations, as they face enhanced scrutiny from governmental bodies. >>
March 11, 2011 | Views: 1122 | Comments: 0 |
The global regulatory environment has hanged substantially, particularly in relation to insurance requirements and premium taxes changes. >>
November 19, 2010 | Views: 1096 | Comments: 0 |
Soft commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published last week by Marsh. >>
June 17, 2010 | Views: 621 | Comments: 0
Pharmaceutical companies face an evolving risk of pharmaceuticals and personal care products (PPCP) in ground and drinking water supplies. >>
June 14, 2010 | Views: 1704 | Comments: 0
A recent ruling by the U.S. District Court for the Southern District of New York, in which the court awarded $250 million in punitive damages in an employment practices liability (... >>
May 03, 2010 | Views: 526 | Comments: 0 |
The U.S. Department of Homeland Security (DHS) issued new security regulations (6 CFR 27) that are likely to affect many chemical processing, manufacturing, and storage facilities. >>
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June 21, 2011 | Views: 957
Marsh Risk Consulting has launched a new Intellectual Property and Critical Information Protection offering, to help organizations address the risks associated with intellectual pr... >>
April 27, 2011 | Views: 2586
Global Insurance Markets Under Pressure as Atlantic Hurricane Season Approaches
Despite record level first-quarter catastrophe losses, insurance rate increases were confined to lo... >>
March 07, 2011 | Views: 915
As employers seek to manage escalating workers' compensation claims costs, Marsh will hold a one-hour Webcast on March 9 at 11 a.m. Eastern Time to explore the benefits of an integ... >>
February 17, 2011 | Views: 1317
Risk & Insurance® magazine has named 46 Marsh colleagues as Power Broker® winners and finalists in its annual issue recognizing the industry’s best for their creativity, problem-so... >>
January 26, 2011 | Views: 1303
Soft commercial insurance market conditions persisted throughout the United States in 2010 and are poised to continue into 2011, according to a comprehensive report published today... >>
January 24, 2011 | Views: 685
To address the significant and increasingly complex risks midsize chemical companies face, Marsh today announced the launch of ChemPreferred, a customized package of policies that ... >>
January 12, 2011 | Views: 824
The financial crisis has drained the world's capacity for dealing with shocks. The frequency and severity of risks to global stability have amplified, while the ability of global g... >>
August 16, 2010 | Views: 590
Marsh, staying ahead of issues impacting clients, is hosting a conference on the risk and insurance implications arising from stricter compliance and regulatory requirements for cl... >>
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