If your organization has suffered income losses due to the tech outage caused by the CrowdStrike software update, it is critical to follow a comprehensive process to measure the true economic impact of the event. Here are nine key steps risk managers and leaders can follow when setting out to accurately measure an outage-related economic loss, including the types of documentation required for the analysis. https://bit.ly/3ymzCL0
Marsh
Insurance
New York, New York 634,085 followers
We help our clients and colleagues grow — and our communities thrive — by protecting and promoting Possibility.
About us
We help our clients and colleagues grow — and our communities thrive — by protecting and promoting Possibility. We seek better ways to manage risk and define more effective paths to the right outcome. We go beyond risk to rewards for our clients, our company, our colleagues, and the communities in which we serve. Marsh is the world’s leading insurance broker and risk advisor. With over 45,000 colleagues operating in 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue nearly $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
- Website
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http://www.marsh.com
External link for Marsh
- Industry
- Insurance
- Company size
- 10,001+ employees
- Headquarters
- New York, New York
- Type
- Public Company
- Specialties
- Insurance Broking, Risk Consulting, International Insurance Placement, Claims Management, Captives, Benchmarking, Risk Management, and cyber
Locations
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Primary
1166 Avenue of the Americas
New York, New York 10036, US
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Laurinska 134/3
Bratislava, Bratislava 811 01, SK
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5 Jalan Bangsar
Kuala Lumpur, Federal Territory of Kuala Lumpur 59000, MY
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1166 Avenue of the Americas
New York, NY 10036, US
Employees at Marsh
Updates
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Record-breaking success can quickly be put at risk during a crisis without a well-planned #resilience strategy that lays out the critical processes for crisis management and recovery. You’re covered with Marsh’s Risk Advisory Solutions. Learn more about how we helped here: https://bit.ly/4chalzR #riskmanagement
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Energy transition is shaping our future. There is now an increased focus on the need to mitigate the effects of carbon emissions and find cleaner ways to produce energy. https://bit.ly/3yowjD9 In this episode of our Risk in Context podcast, three of Marsh’s energy and power specialists explore three technologies — plastic waste to fuel, carbon capture and storage, and biofuels and bioenergy — that are contributing to the energy transition. They also talk about the associated risks and opportunities each pose for businesses. Claire Williams Tom Smith #RiskinContext #podcast #RiskManagement #energy
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Colleagues from the Madrid and Barcelona offices partnered with the Friends of the Elderly Foundation to organize a day to spend time with the seniors supported by the foundation. During the day, colleagues and seniors went on a guided tour of local gardens and spent the afternoon enjoying the community together. #Community #Culture #Volunteer
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As the modern workforce continues to evolve and diversify, multinational organizations are seeking to modernize their benefits to align with the changing needs of employees. https://bit.ly/46xIkmk Participate in our global survey by August 14th to understand the steps global organizations are taking and receive actionable insights into the latest trends and strategies in benefits modernization. #benefits #multinational #survey
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Infrastructure development is essential to supporting economic growth and connectivity; however, macroeconomic factors, including monetary policy rate increases, greater economic volatility, and waning risk appetite among investors, have emerged as threats to the sector. To understand these and other risks exposure of your organization’s overseas investments, read our latest insights on the matter: https://bit.ly/3SCLjEp #riskmanagement #infrastructure
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In the face of concurrent crises, organizations are grappling with significant people risks that are impacting employee health and wellbeing. Join us for our next LinkedIn Live to hear Callum Burns-Green, Vikki Walton, David Dodd and Adrian Sibal as they explore the top people risks and share strategies to manage these risks. Register now! https://bit.ly/4cg2emS #benefits #wellbeing #risk #RiskManagement #MercerLive
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The global tech outage caused by the CrowdStrike software update disrupted business operations for millions. While many have now resumed business as usual, we continue to learn more about the potential impacts and costs. As part of a series of client discussions, Kelly Butler, Marsh’s UK Cyber Practice Leader, shared insights on how cyber insurance applies to the event. More information can be found at the CrowdStrike Software Update Outage resource center: https://bit.ly/46D26No
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Hurricane Debby is expected to bring damaging winds, storm surge, and heavy rainfall that could result in major flooding to areas along Florida’s Big Bend region and several nearby states. If you have interests in areas that could be impacted, now is the time to take action to protect your people and your properties. Visit our Hurricane Resource Center to learn how you can prepare and mitigate damage from the storm: https://lnkd.in/d8Kb-XPw #RiskManagement #Hurricane
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Although companies buying carbon credits face a range of risks, such as issued credits being invalidated or due to reversals, insurance isn’t being utilized to its full potential. Innovative insurance solutions with traditional coverage could de-risk carbon credit purchases for investors, provide more support for offsetting projects, and grow confidence in the market. Learn more in our article: https://bit.ly/3WwEgy6 #RiskManagement #ClimateChange
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