Buying insurance should be straightforward – certainly less taxing for an organisation than deciding which product to develop, or which market to enter.

Yet every day, cases arise where organisations find they do not have necessary insurance cover for a loss, either because of lack of limits, inadequate policy wordings, or because they have failed to identify the risk in the first place.

Just as many fail to have enough protection, we also find many cases where organisations pay too much for their limits, or are over-protecting themselves.

Clearly, insurance buying is not always a straightforward process, instead becoming an area where many mistakes can be made.

At Marsh, we are experts in helping organisations optimise their insurance spend, ensuring that policies are matched to their underlying risk exposures and that they are not over or under-insured.

We understand that the efficiency in which organisations buy insurance is linked to a range of other factors, namely their ability to assess and control risk, and make sound decisions about which risks to retain and which risks to transfer.

As the world's number one risk and insurance services firm, Marsh can help you strike the right balance in all these areas.

We will enable you to take control of your insurance spending and make consistently better decisions in this vital business area.