Raj Lakhani
International Analytics Solutions Leader
In an evolving risk landscape, it is vital for organisations to understand the challenges they face and to determine their willingness and ability to take risk. Our Blue[i] Risk Appetite Analytics solution — supported by Marsh’s Advisory team of specialists — can help you gain insights about uncertainties your organisation may face, assess their potential financial impact, and define your risk appetite.
Our team utilises both qualitative and quantitative analysis to help you define your enterprise-wide risk appetite value. This, in turn, enables your insurance team to design a risk transfer program that aligns with your organisation's willingness and ability to take risk.
Using specific data about your organisation and goals, we offer three approaches by which you can assess your risk appetite:
With Blue[i] Risk Appetite Analytics, you have the flexibility to select a single approach or combine multiple approaches to help you determine your risk appetite. Empowered with a comprehensive understanding of your risk appetite, you can work with your broker or insurance advisor to build an insurance program that provides your organisation with financial protection that aligns with your risk appetite in the event of a loss.
Blue[i] Risk Appetite Analytics provides valuable insights into your company’s willingness and ability to take risk, enabling you to make informed decisions and design optimal insurance programs that enhance your organisation’s resilience in the face of evolving risks. For more information, contact your Marsh representative.
Blue[i] Risk Appetite Analytics, part of our next-generation analytics suite of digital solutions, is a comprehensive solution designed to assist organisations in determining their appetite for unexpected losses.
Blue[i] Risk Appetite Analytics provides valuable insights into the uncertainties that an organisation may face. It helps organisations better understand the challenges they encounter and determine the amount of risk they are willing and able to fund.
Equipped with a comprehensive understanding of your risk appetite, you can collaborate with your broker or insurance advisor to build an insurance program that provides your organisation with financial protection that aligns with your risk appetite in the event of a loss.
Our specialists work closely with you to capture specific data about your organisation and goals. This data is then input into the solution, and our analysis indicates how your KPIs could be impacted if you were to exceed your risk appetite. This allows you to refine your selection at the level that aligns with your comfort preferences.
International Analytics Solutions Leader
Analytics Solutions Leader, US and Canada
Expertise
11/07/2023