Marsh Canada’s wholesale, retail, and distribution practitioners also sponsor, or have active involvement with, industry organizations that foster networking and information sharing.
As a wholesale, retail, and distribution 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’s Wholesale, Retail, and Distribution 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:
- Business Continuity/Crisis Management
- Claims Management
- Directors and Officers Liability
- Employee Injuries
- Employment Practices Liability
- Internet and Network Risk
- Supply Chain Management
- Trade Credit
- Transportation and Logistics
- Warehouseman’s Legal Liability Insurance
- Warranty Insurance
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:
Supply Chain Management
In the global economy, supply chain disruptions are an increasingly threatening risk that can arise from many sources—and more often than not, without warning. Marsh’s industry professionals help wholesale, retail, and distribution companies understand vulnerabilities in their increasingly complex and interconnected supply chains and develop strategies to minimize those vulnerabilities. This expertise can help companies formulate tactical solutions to achieve maximum results from their supply chain by opening the lines of communication to seamlessly connect supply, planning, manufacturing, and distribution operations.
Trade Credit
Accounts Receivables (Trade Credit) are one of a corporation’s largest and most vulnerable assets. It is the second most liquid asset after cash and represents a significant investment in working capital. Marsh has deep experience working with its retail, wholesale, and distribution clients to secure trade credit insurance. This solution protects the client against non-payment of receivables by their customers due to insolvency, creditors’ protection arrangement, or protracted default (late payment).
Warranty Insurance
In today’s competitive business environment, customer loyalty goes hand-in-hand with the quality of products and services sold. While manufacturers may provide customers with a warranty against breakdown for the first 12 months of ownership, the average customer expects that their major purchases will last much longer. To fill the gap between manufacturers’ warranty programs and customer expectations, Marsh can provide clients with options to custom-tailor a warranty program which can promote long-term relationships and customer loyalty, create additional revenue streams, and serve as a valuable marketing tool.