In today's business environment, the effective management of enterprise risk is a key factor in planning for any organization's long-term viability. As a result, enterprise risk management (ERM) has shifted from a "good business" discussion to a "mission critical" means of addressing volatility.

Marsh helps organizations like yours address their needs in this area. Tailored solutions are described below. For more information on all our offerings on this topic plus reports, articles and press releases, visit our Enterprise Risk Management homepage.


Enterprise Risk Management

In today's business environment, the effective management of cross-enterprise risk is a key factor in planning for any organization's long-term viability. While there has always been a conceptual link between risk management and financial viability, today's economic volatility is impelling the move from concept to practice. As a result, enterprise risk management (ERM) has shifted from a "good business" discussion to a "mission critical" means of addressing volatility.

For some businesses, even today, such volatility continues to be the domain of the risk manager, who buys insurance and informally partners with management to address uninsurable risks. Indeed, it has taken the ongoing economic crisis to highlight the need for a more formal, strategic, and proactive means of managing risk.

For many firms, ERM now has moved from a discretionary to a non-discretionary commitment. For others, ERM is a response to board-level demands. Whatever the driver, one thing is clear: every business must more comprehensively balance the different methods used to address risk and volatility. If such a balance is not achieved, the result may be negative media coverage, financial instability, and the general perception that management is not in control — which would not be well received by any engaged board member, key stakeholder, rating agency, or customer. In sum, the audience is growing. The demands are greater. The stakes are higher. The question is no longer why ERM, but rather why not?

Marsh Risk Consulting's Enterprise Risk Services & Solutions (ERSS) group provides clients with a range of services to help them balance the most critical components of volatility and risk. The group deploys services that address ERM in whole and in part, based upon client need. We deliver a comprehensive ERM solution as well as offer stand-alone services that allow our clients to take a methodical, or compartmentalized, approach to ERM. In practice, we identify, define, and quantify the universe of risks that our clients face, and we provide the policies, processes, and infrastructure required to proactively treat those risks.

Risk Management Optimization
Views: 18911  |  Comments: 0  |  Category: Solutions  |  Published: 15-Jul-2014
Risk Management Optimization
Marsh can help organizations develop a new or evaluate their existing risk management framework and implement leading practices for driving improved results through the risk manage  Read More >>
Risk Management Outsourcing
Views: 19205  |  Comments: 0  |  Category: Solutions  |  Published: 15-Jul-2014
Risk Management Outsourcing
MRC’s risk management outsourcing professionals have the experience and expertise required to help organizations streamline risk management activities.  Read More >>
ERM Risk Assessment
Views: 16692  |  Comments: 0  |  Category: Solutions  |  Published: 22-Mar-2013
ERM Risk Assessment
Marsh Risk Consulting’s (MRC) highly efficient ERM risk assessment process can help organizations quickly understand and prioritize critical, enterprise-wide risks and develop plan  Read More >>
Enterprise Risk Management
Views: 22264  |  Comments: 0  |  Category: Solutions  |  Published: 22-Mar-2013
Enterprise Risk Management
Enterprise risk management (eRM) is a structured, consistent, and continuous risk management process applied across an entire organization that allows companies to better understan  Read More >>
Enterprise Risk Management Current State Assessment
Views: 16785  |  Comments: 0  |  Category: Solutions  |  Published: 19-Mar-2013
Enterprise Risk Management Current State Assessment
A structured, consistent, and continuous risk management process, ERM can help you understand and address material risks.  Read More >>
Marsh Market Information (MMI)
Views: 40688  |  Comments: 0  |  Category: Solutions  |  Published: 31-Dec-2010
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.  Read More >>
MarshConnect
Views: 20914  |  Comments: 0  |  Category: Solutions  |  Published: 29-Dec-2010
MarshConnect
MarshConnect is Marsh’s global client portal that facilitates interaction between clients and their Marsh service team throughout the insurance placement and servicing process.  Read More >>