Marsh Canada’s Forestry and Integrated Wood Products Practice focuses on industry-specific needs allowing us to provide customized client solutions.
As a forestry and wood products client of Marsh Canada, you are drawing from the full breadth of Marsh & McLennan Companies’ expertise and service solutions. Marsh has built its business model around practices dedicated to industry specialization.
Marsh Canada’s Forestry and Integrated Wood Products Practice provides risk management solutions based on in-depth knowledge of the risk exposures facing corporations in Canada—and around the world.
Your key business issues may include:
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Access to Capital
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Business Continuity/Crisis Management
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Corporate Governance
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Cost-Effective Protection of Capital Investment
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Environmental Liability
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Equipment Maintenance
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Mergers and Acquisitions
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Weather Risks
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Workers Compensation Costs
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Workforce Safety
And a host of other emerging issues given the rapidly changing global business environment.
Here are a few examples of how your Marsh Canada advisor can keep your business ahead of the risk curve:
Trade Credit (Account Receivable) Insurance
Cyclical downturn and consolidation within the industry has made capital (both debt and equity) scarce. Marsh’s Forestry and Integrated Wood Products Industry Practice and our Financial Products specialty group can provide guidance in utilizing credit enhancements in order to access more cost-effective debt financing (bank loans) and/or capital market instruments (securitization of accounts receivable).
Protecting Capital Investment
Responding to the industry’s desire for choice and pricing stability when protecting their capital investments, Marsh launched an exclusive risk transfer facility in 2004 bringing much needed capacity to the industry. The facility offers a complete solution including property, business interruption, boiler and machinery, commercial general liability, etc., as well as, giving clients access to Marsh’s industry leading loss control experts. This helps companies protect their assets beyond the standard risk transfer mechanism of insurance.
Environmental Solutions
Forest product companies in Canada face intense scrutiny over their environmental performance. With a significant exposure to both operational and transactional/legacy environmental risks, forestry companies have a high propensity for environmental losses. Marsh Canada has a team of full-time insurance professionals who specialize in finding environmental risk management solutions. From remediation cost cap to pollution liability insurance, our team helps clients unlock a wealth of opportunities.