NU Online News Service, July 12, 3:54 p.m. EDT
Marsh said it is offering clients and prospects real time benchmarking analytics to help risk managers maintain effective and competitively-priced insurance programs.
The insurance broker, a subsidiary of New York-based services company Marsh & McLennan, said it is offering the services through Marsh's Global Benchmarking Portal. The service provides clients with real-time benchmarking analytics on purchasing and pricing trends in the United States for approximately 20 major industry groups, as well as cross-industry reports on property and casualty, financial and professional lines.
Marsh said the service contains information on 90,000 policies from Marsh clients, covering $50 billion in premium placements, $4 trillion in limits, and $15.5 trillion in total insured value.
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