As utilities companies move to strengthen their resilience to risks as a result of tightening regulation and the heightened threat of terrorism, Marsh has launched a specialist contamination insurance product for water utility firms globally.
Chinese companies hungry for expansion and investment overseas face unfamiliar risk landscapes, requiring a deep understanding of the local environment, according to a report published today by Marsh.
Marsh has appointed Richard Lloyd as head of its National Corporate business in Carlisle and Newcastle, which provide risk and insurance advice for mid to large size corporates throughout the North of England.
Discontinuation of a government-mandated terrorism backstop would have an adverse effect on the long-term availability and affordability of terrorism insurance, according to a letter submitted by Marsh to the President’s Working Group on Financial Markets.
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