Even before the global economic downturn, automotive companies had been facing a wide range of challenges and risks — including ever-increasing competition and consumer demands, regulatory and labor issues, product recalls, outsourcing, bankruptcies and more.
With so much at stake, automotive companies need a trusted advisor with the experience and resources to help them successfully manage risk.
Marsh's Automotive Industry Practice
Marsh's Automotive Practice works with a diverse group of automotive original-equipment manufacturers (OEMs), suppliers, dealers, and related industry clients. The practice comprises a global network of more than 375 experienced automotive risk specialists, who provide insights on key risk issues. Marsh also maintains an Automotive Center of Excellence made up of automotive experts who serve clients with similar risk issues, risk profiles, and servicing requirements.
Our Automotive Industry Practice's client base includes:
- More than 40% of the top 150 North American parts suppliers;
- Nearly 50% of the top 100 global parts suppliers;
- 425 U.S.-based clients;
- More than 70% of the top 25 global OEMs (based on global vehicle production); and
- 30% of the top 10 dealership groups.
Our professionals work with organizations to analyze hazard, financial, operational, and strategic risks and to develop the innovative solutions that help clients avoid, mitigate, and/or transfer their risk exposures.
For more than 70 years, Marsh has helped automotive-related organizations to implement successful risk management programs. Our practice's dedicated and talented professionals combine in-depth industry knowledge with thoughtful leadership, sound counsel, and results-driven solutions that serve automotive clients' day-to-day needs and keep them far ahead of the risk curve.