Marsh Webcast January 27 — Update on Global Insurance Markets, Strategies for Managing Risk Amid Economic, Financial Challenges
New York, January 15, 2010
As businesses worldwide look for efficient ways to manage risks during 2010 in the face of challenging economic and financial conditions, Marsh, the world's leading insurance broker and risk advisor, will hold a one-hour Webcast on the state of the commercial insurance market, regulatory developments, and risk management strategies on Wednesday, January 27 at 11 a.m. ET.
In addition to providing an overview of conditions related to insurance pricing, availability and purchasing trends for major commercial insurance lines, panelists participating in Marsh's Webcast, "Global Insurance Markets in 2010 — Responding to the Challenge," will discuss risk-funding priorities in the current environment, including risk retention and transfer strategies. The panel also will explore how the insurance industry is weathering the economic storm, as well as factors that might influence pricing, terms, and conditions in the coming year, and key regulatory issues emerging in 2010.
"For many businesses, insurance is the predominant risk-funding mechanism and represents a significant component of total cost of risk," said Joe McSweeny, president, U.S./Canada Division of Marsh. "The fact that market conditions are generally favorable to buyers presents a wide range of opportunities for businesses to strengthen their risk management efforts as they work to emerge from the challenging economy and difficult financial environment."
In addition to Mr. McSweeny, the panelists for the Webcast include: Steve Weisbart, chief economist, Insurance Information Institute; Duncan Ellis, practice leader, Marsh's Global Property Practice; Chris Klein, global head of Business Intelligence, Guy Carpenter; Chris Lang, managing director, Marsh's U.S. Financial and Professional Liability Practice (FINPRO); Chris Smy, practice leader, Marsh's Global Environmental Practice; and Tony Tam, managing director, Marsh's Casualty Practice. Brian Elowe, a managing director in Marsh's Global Risk Management Division, will serve as moderator.
The Webcast and its replay are free of charge.
About Marsh
Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of
Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of
Guy Carpenter, a global leader in providing risk and reinsurance intermediary services;
Mercer, a global leader in human resource consulting and related services; and
Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter
@Marsh_Inc.