 Transportation affects nearly every enterprise around the world. Transportation exposures, however, can present significant financial and operational challenges to firms in this industry. Rising fuel costs, employee shortage and retention issues, credit risks, marketplace competition — these and other exposures can have a severe impact on a company's bottom line and impede its overall success.
Marsh's Transportation Practice meets those challenges for businesses such as trucking, railroads, bus, subway and livery as well as organizations operating their own logistics and transportation systems. Our team of transportation risk management experts analyze clients' full spectrum of hazard, operations, strategic and financial risks, then develops forward-looking solutions to avoid, mitigate, or transfer risk through services such as:
- Asset Utilization — A comprehensive analysis of equipment usage, shop procedures, and operations.
- Driver Capacity Management — A program that identifies causes of at-risk behaviors and formulates strategies to create safer and more productive work environments.
- Operations Training Program — A "best practices" approach to training with specific training modules for three key roles on the front line.
- Marsh's Fleet Scorecard — A benchmarking tool that is designed to measure fleet performance in a multi-division organization.
- Organizational Value Assessment — A program that identifies causes of at-risk behaviors and formulates strategies to create safer and more productive work environments. Workers Compensation Injury Management — A proven approach to proactively reduce overall workers compensation costs.
- Wisconsin Decision Driving Center — A unique opportunity for individuals to experience driving skills required to handle vehicles under adverse conditions while in a controlled environment.
- GAP — A Fleet Safety Program evaluation which examines 20 active loss control areas and benchmarks them against the best practices in the industry.
- Driver Recognition — A program that can be designed to your specific operation that will evaluate your current level of recognition and make suggestions to enhance the existing program.
- Training the Trainer — A two-and-one-half day classroom/over-the road program that can assist companies in certifying their lead drivers to become trainers in supporting the recruiting of newly hired drivers. Independent Contractor Financial Services Center (ICFSC) — A dedicated team of experts focusing exclusively on issues associated with the legal and regulatory environment surrounding IC's and designing and implementing customized insurance programs / financial products for IC's.
- Independent Contractor — Business Training — A program which provides training for new independent contractors in the recruiting and retention of drivers.
- Rail Risk Assessment — A comprehensive assessment including security, crisis management consulting and contingency planning, contract review, employee injury (FELA) reduction strategies, site inspection and hy-rail assessment of risk hazards. Rail Risk Retention Assessment — A comprehensive strategy for measuring, managing, and financing risk to achieve the most cost effective self-insured retention.
Marsh offers a comprehensive, consultative approach to risk management and delivers the solutions and help clients achieve the rewards that lie on the other side of risk.
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April 21, 2011 | Views: 879 | Comments: 1 |
Even as recent developments portend upward movement in rates for risks subject to natural catastrophe losses, overall marketplace capacity remains plentiful. >>
March 02, 2011 | Views: 1611 | Comments: 0 |
Employers can help to minimize workers’ compensation risk by improving their hiring processes, safety programs and procedures, and claims management. >>
October 01, 2010 | Views: 424 | Comments: 0
Essential to supply chain risk management today is an understanding of the impacts of a single point of failure along the supply chain, no matter the trigger. >>
July 11, 2008 | Views: 347 | Comments: 0
One of the compelling hallmarks of the tunneling Joint Code of Practice is the recommendation that owners implement formal and ongoing risk assessments and risk management processe... >>
April 04, 2007 | Views: 847 | Comments: 0 |
Marsh Risk Consulting analyzed a company's high vehicular accident rate, with an eye to reduce their overall claims. >>
April 02, 2007 | Views: 686 | Comments: 0 |
Third Party Logistics Providers ("3PLs") are those entities that arrange shipments, as well as manage and provide advice on transportation and transportation-related services for s... >>
April 02, 2007 | Views: 837 | Comments: 0
A truckload motor carrier based in North Carolina operating 1,000+ power units had a complex insurance program with several affiliated companies that included a number of one-off p... >>
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Views: 602 | Comments: 0
Marsh's Global Rail Practice provides risk solutions and insurance services to clients involved in transporting people and freight via rail. >>
Views: 532 | Comments: 0 |
To help firms identify the causes of under-utilization of assets, Marsh conducts a comprehensive diagnostic analysis through interviews and observations at the client location. >>
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The Benchmarking Portal's rapidly growing database contains information on nearly 115,000 insurance policies covering $US75 billion in premium placements. >>
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CS STARS LLC supports comprehensive risk management, enterprise risk management and compliance and safety management. >>
Views: 512 | Comments: 0
Driver Capacity Management is a broad consultative approach to selecting, training and retaining driving capacity-either company or independent contractor. >>
Views: 508 | Comments: 0
Marsh helps transportation clients design driver recognition programs that are specific to an organization's operations. >>
Views: 210 | Comments: 0
Marsh’s Fleet Hazard Control services can help you effectively minimize and manage those risks related to your company’s fleet. >>
Views: 610 | Comments: 0
Fleet Solutions comprises consultative services and group captives. >>
Views: 594 | Comments: 0 |
Marsh has teamed with GreenRoad to offer a fleet-risk monitoring service to single parent captives. >>
Views: 815 | Comments: 1
A group captive offers an alternative insurance structure for companies in several industries. >>
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February 07, 2012 | Views: 19 | Comments: 0
The industry and insurers continue to watch legislation that would raise the railroad passenger per-incident liability cap from $200 million to $275 million. >>
February 07, 2012 | Views: 18 | Comments: 0
Highlights
The railroad industry continues to watch
legislation that would change the liability
limit cap on rail passenger incidents.
Insurers are looking mo... >>
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October 14, 2011 | Views: 194 | Comments: 0
Representatives of the world's railways gathered in Washington, D.C. to recognize 44 projects from 12 countries that were cited for outstanding design. >>
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. >>
November 09, 2010 | Views: 697 | Comments: 0
The U.S. bed bug infestation has now affected a multitude of industries, including hospitals, campus dormitories, homeless shelters, public transportation, retailers, movie theater... >>
October 05, 2010 | Views: 1022 | Comments: 0 |
The Sixth Appellate District of the Court of Appeal of the State of California affirmed a ruling last month that physicians are not limited to the strict application of the AMA Gui... >>
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 (... >>
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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: 1304
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 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... >>
November 30, 2010 | Views: 558
Marsh, the world's leading insurance broker and risk advisor, announced today the appointment of James N. Michel as a Senior Vice President in its Global Rail Practice. >>
August 17, 2010 | Views: 569
Marsh, the world's leading insurance broker and risk adviser, announced today the appointments of three industry veterans to its recently launched Global Rail practice. >>
July 15, 2010 | Views: 628
Marsh, the world's leading insurance broker and risk adviser, announced today the appointments of three industry veterans to its new Global Rail practice, including Jim Beardsley a... >>
September 02, 2009 | Views: 675
Marsh, the world's leading insurance broker and risk advisor, and GreenRoad, a leader in improving driving behavior, today announced that they are teaming together so that all Mars... >>
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