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Construction

In today's complex construction environment, risk is everywhere. Volatile market conditions, unstable regulatory environments, and global economic shifts all represent potential threats to your firm's day-to-day operations — and your bottom line. But every risk is also an opportunity. And Marsh can help you to find the upside.

 

Marsh's Construction Practice offers solutions to meet the special challenges of the construction industry, serving clients ranging from architects and engineers, contractors and construction material manufacturers, to designers, builders, and other construction-related firms. We help improve organizations' profitability and expand their business with services and solutions that include:

  • In-depth evaluation of all conventional and non-conventional project-related risks, including delay risk, force majeure, and liquidated damages;
  • Analysis to determine appropriate risk retention level from which we develop the risk financing plan for your firm;
  • Placement with carriers with an eye toward establishing long-term relationships; and
  • An array of risk control techniques to prevent losses from occurring and to minimize the financial impact of losses that do occur.

The Construction Practice provides these benefits through experts who understand the day-to-day operations of firms in the industry. Marsh offers a full suite of risk management services, including:

  • Project management;
  • Contract analysis;
  • Multi-national project risk management;
  • Alternative project delivery;
  • Claims management;
  • Risk financing; and
  • Project credit enhancement.

Marsh responds to clients' specific needs, with market specialty resources in areas including contract surety, environmental, international construction, and political risk. In addition, clients have access to Marsh's wrap-up risk management services which handle loss exposures related to construction activities. Wrap-up coverage is provided for the job-site risks of the parties involved, including the owner, construction manager, contractors, and design firm.

Marsh's Construction Practice professionals are available to provide consulting advice and brokerage services to clients around the world.



Related Information

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Construction Risk Benchmark Report

 

Learn how Marsh and Paradigm help clients to reduce the costliest workers compensation expenses: catastrophic injuries.

 

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