ANALYTICS


Marsh Global Analytics enables you to use data and analytical tools to better understand risks, make more informed decisions, and ultimately reduce costs.

Marsh Global Analytics (MGA) helps organizations to filter through the vast amounts of available data and find risk information to help guide their organizations’ strategic risk planning.

The principal tools we employ include data from our extensive Global Benchmarking Portal; actuarial, statistical, and financial analyses; decision modeling; and the Marsh Analytical Platform (MAP).

Marsh created MAP and a new mobile-based application, iMAP, to meet this need. iMAP gives you easy access to Marsh’s industry-leading analytics, enabling you to better understand volatility and ultimately drive better strategic risk management decision making.

With the award-winning iMAP application, you can harness data together with Marsh’s proprietary benchmarking information to identify risks and their potential impact, determine risk tolerance and appetite levels, simulate loss potential for your unique risk profile, and dynamically model risk-transfer alternatives to evaluate effectiveness and identify optimal solutions. Essentially, iMAP allows you to lower your total cost of risk (TCOR).

The new platform and application are supported by Marsh Global Analytics’ (MGA) three Centers of Excellence:

Risk Economics – Using sophisticated analytics as the basis for risk financing decisions has become increasingly important to managing today’s businesses. MGA Risk Economics provides risk financing optimization (RFO), analyzing optimal risk transfer and insurance structures to lower total cost of risk, thereby helping you to structure insurance programs in the most economically efficient manner while meeting the risk tolerance goals of your organization as a whole.

CAT Modeling – Earthquakes, hail, floods, typhoons, hurricanes, and tornadoes are among the most catastrophic forces of nature. Terrorism and pandemic are wildcards that could be costly when they strike. In many countries and jurisdictions, employers’ liabilities such as workers’ compensation following a disaster often exacerbates losses. CAT modeling uses industry-leading modeling software to evaluate exposures to help you to better understand and quantify these risks.

Benchmarking – Benchmarking is one of the key tools leaders use to make informed risk management decisions. At the core of many of our risk analytics services lies our comprehensive benchmarking database. Marsh’s benchmarking experts have created a dedicated global benchmarking portal, where we can analyze thousands of transactions to depict insurance structures for peer groups and market trends in purchasing and pricing. We can create custom benchmark reports for you based on this powerful data, which supports negotiations with insurance carriers and helps you to make more informed decisions.

Investing in Analytics

For the past several years Marsh has significantly increased its investment in analytics and it shows. Several factors distinguish Marsh’s analytics services:

  • Comprehensiveness of data: MGA’s continually growing database of policies includes more than 200,000 policies across multiple regions worldwide. MGA provides data covering more than US$75 billion in premium placements, US$10 trillion in limits, and US$45 trillion in insured value across all the major coverage lines.
  • Technologically advanced: Marsh’s data, our analytical approach, our tablet app powered by the MAP application, and overall investments in client-centric technology create a best-in-class platform for advising clients on their risk financing options.
  • Commitment to innovation: MGA provides leading-edge services. Two examples: Marsh offers risk-adjusted benchmarking, which adjusts changes in pricing by taking into account other factors such as changes in retentions, limits, and risk profile. Our Risk Financing Optimization solution enables finance executives to thoroughly understand the cost of risk — including its volatility.
Marsh Risk Management Research
UK and Ireland 2014 Cyber-Risk Survey Report
June 24, 2014  |  Views: 1419 |  Comments: 0 
UK and Ireland 2014 Cyber-Risk Survey Report
Despite several high profile breaches, many UK and Ireland companies have not yet fully assessed the exposure.  >>
Benchmarking Trends: US Umbrella and Excess Liability Rates Soften
May 20, 2014  |  Views: 2660 |  Comments: 0 
Benchmarking Trends: US Umbrella and Excess Liability Rates Soften
Strong competition among insurers contributed to a general softening of US excess liability rates in the first quarter of 2014, despite ongoing concern among underwriters about lar...  >>
Additional Thought Leadership
Webcast: Maximize Your Renewal, Manage Your Data
July 27, 2014  |  Views: 13778 |  Comments: 0 
Webcast: Maximize Your Renewal, Manage Your Data
Our panel of experts discussed how better data and more accurate values can drive better renewals.  >>
Do the Math Before You Buy Insurance
April 22, 2014  |  Views: 10858 |  Comments: 0 
Do the Math Before You Buy Insurance
Writing at CFO.com, Claude Yoder and Dave Heppen discuss the role of analytics in determining how much insurance coverage to buy.  >>
Using Big Data to Capture Risk Volatility
December 06, 2013  |  Views: 20475 |  Comments: 0 
Using Big Data to Capture Risk Volatility
Claude Yoder and Dave Heppen discuss how CFOs can measure the economic value of risk.  >>
Risk-Adjusted Benchmarking: An Alternative View of Market Rate Changes
July 11, 2013  |  Views: 31571 |  Comments: 0 
Risk-Adjusted Benchmarking: An Alternative View of Market Rate Changes
A more complete picture of industry insurance price changes.  >>
Marsh U.S. CEO Talks Challenges, Opportunities for Agents & Brokers in 2013 (<em>PropertyCasualty360.com</em>)
January 07, 2013  |  Views: 26251 |  Comments: 0 
Marsh U.S. CEO Talks Challenges, Opportunities for Agents & Brokers in 2013 (PropertyCasualty360.com)
David Bidmead quoted in PropertyCasualty360.com.  >>
Marsh Insights: Benchmarking Trends — Property Rates Continue to Firm in the Second Quarter
July 17, 2012  |  Views: 15954 |  Comments: 0 
Marsh Insights: Benchmarking Trends — Property Rates Continue to Firm in the Second Quarter
Sixty-one percent of all property accounts renewed with rate increases in the second quarter of 2012, continuing the market firming that started in 2011.  >>
Benchmarking Trends — Environmental: August 2011
July 26, 2011  |  Views: 16680 |  Comments: 0 
Benchmarking Trends — Environmental: August 2011
Our benchmarking newsletter analyzes environmental insurance, specifically policy term purchasing trends and historical aggregate limits.  >>
Single Parent Captive Benchmarking: Capital and Collateral
April 04, 2010  |  Views: 4303 |  Comments: 0 
Single Parent Captive Benchmarking: Capital and Collateral
Marsh's Global Captive Benchmarking Report, now in its third year of publication, continues to focus on the issues at the forefront of captive owners' minds.  >>
Change selection(s) to sort. Sort by:
RiskIQ
Views: 10150 |  Comments: 0 
RiskIQ
RiskIQ can help you implement the processes needed to manage your data or risk information systems and help your company meet its risk management objectives.   >>
Benchmarking Services
Views: 30949 |  Comments: 0 
Benchmarking Services
The Benchmarking Portal's growing database contains information on more than insurance policies covering $US75 billion in placements.  >>
Catastrophe (CAT) Modeling
Views: 11109 |  Comments: 0 
Catastrophe (CAT) Modeling
We employ high quality data to reduce uncertainty and negotiate the right insurance premium.  >>
Marsh Analytical Platform (MAP)
Views: 20952 |  Comments: 0 
Marsh Analytical Platform (MAP)
Mobile technology, “big data,” risk-adjusted benchmarking, predictive analytics, and other innovations are leading to exciting new ways to analyze risk and help inform strategic bu...  >>
Marsh Market Information (MMI)
Views: 81388 |  Comments: 0 
Marsh Market Information (MMI)
Marsh Market Information website provides easy access to the information companies need to evaluate the market security risks of their insurance programs.   >>
Marsh’s Cyber-Privacy Event Model: Analytics for Cyber Decision-Making
Views: 5640 |  Comments: 0 
Marsh’s Cyber-Privacy Event Model: Analytics for Cyber Decision-Making
Cyber IDEAL quantifies the likelihood that a company will incur a breach and its potential severity, helping determine insurance limits and retentions.  >>
Risk Financing Optimization: Taking Analytics to the Next Level
Views: 17463 |  Comments: 0 
Risk Financing Optimization: Taking Analytics to the Next Level
We provide risk financing optimization, helping you to structure insurance programs in the most economically efficient manner while meeting overall risk tolerance goals.  >>
Change selection(s) to sort. Sort by:
November 03, 2014  |  Views: 2739
Marsh Executes on Commitment to Rapid Expansion of Marsh Analytics Platform
Real-time platform now backed by industry’s largest proprietary global loss database, trained global team of sales professionals, and hundreds of devices with groundbreaking mobile...  >>
October 09, 2013  |  Views: 5662
Risk-Adjusted D&O Rates Decline in Second Quarter: Marsh
Risk-Adjusted Benchmarking offers alternative view to market rate changes  >>
July 31, 2013  |  Views: 5613
Global Insurance Rates Decline in Most Regions
Marsh Risk Management Global Insurance Index declines for first time.  >>
October 17, 2012  |  Views: 14843
Excess Casualty Rates Continue to Rise - Companies with Difficult Risk Profiles Seeing Double-Digit Rate Hikes
Excess casualty insurance rates continued to rise in the third quarter of 2012, as insurers sought higher prices amid increasing claims and litigation trends, and a low interest ra...  >>

Contacts
Claude Yoder
Marsh Global Analytics Leader
New York NY United States
212 345 8297
claude.yoder@marsh.com
   

Risk Analytics Toolkit

Marsh’s risk analytics toolkit includes a wealth of information, including thought leadership, videos, and information on our latest innovative solutions.

Go To Toolkit >>