Property-related risk and its associated liabilities are among the largest costs businesses can face. The trend for companies to rationalise and streamline their supply chains in an attempt to create value can significantly increase their risk exposure.

Poorly managed property risk can result in extreme business interruption, increased claims, damage to a company’s reputation and more expensive insurance cover.

What can you do to manage this risk more effectively?

• Marsh has extensive resources and experience in the production of property risk evaluation surveys. Our approach is focused on supporting the needs of specific underwriting submissions and would address the risks that matter to the business.

• Companies should conduct regular risk reviews of their supply chain to identify weak links. We can help develop business continuity plans to minimise the risk of potential disruption. As a minimum, any risk management review should also consider due diligence, natural hazards, fire safety and security issues.