Reflecting the growing importance of analytics, collaboration, and
data-driven workflow applications in risk management, Marsh LLC,
a global leader in insurance broking and risk management, today
announced it is rebranding its STARS business unit and technology
platform to Marsh ClearSight.
A leading provider of risk, safety, and claims management software,
Marsh ClearSight, under its new brand, is making a strategic move to
further integrate its innovative technology with Marsh’s extensive data
and analytics resources to help clients consolidate their risk
information and better optimize their risk decisions. This move broadens
the scope of the business beyond traditional risk management and into
the realm of dynamic risk management with real-time data and analytics.
“In Marsh ClearSight, we have brought together the leading edge
technology of STARS with the data and analytics depth of Marsh, to
provide the risk management community with a comprehensive platform that
delivers actionable intelligence,” said John Drzik, President of Marsh
Global Risk and Specialties.
Last October, Marsh ClearSight announced the alpha version of the
industry’s first risk management platform that brings together
integrated applications, analytics, and collaboration tools to help
clients better manage their Total Cost of Risk (TCOR) with data-driven
insights. This new platform, also named Marsh ClearSight, leverages
Marsh’s industry-leading risk database, and the knowledge and expertise
of the global Marsh network.
“The innovations in social, mobile, analytics, and cloud technologies
offer the opportunity to meet the growing needs of risk management
stakeholders in providing real-time information. We have utilized these
technologies in developing the Marsh ClearSight software platform— the
first collaborative network for the risk management ecosystem with
data-driven workflow applications and robust analytics,” said Paul
Marushka, President of Marsh ClearSight.
“Marsh ClearSight is in a unique position with this platform to move the
market in an entirely new direction,” said veteran industry expert David
Tweedy, Director of Risk Management Information Systems at Bickmore. “To
better align with the rest of the enterprise, risk management needs to
evolve from static process automation and reporting tools to a dynamic
approach, powered by data and analytics that helps risk managers engage
stakeholders across their organization to make the best possible risk
decisions.”
About Marsh ClearSight
Marsh ClearSight LLC, a business unit of Marsh LLC, is the global leader
in technology, analytics, and data service solutions across risk,
safety, and claims management. With the industry’s first integrated
platform that brings together data-driven workflow applications,
analytics, and collaboration tools, Marsh ClearSight uniquely provides
its customers with actionable insights to optimize decision-making
across the risk lifecycle. For more information on Marsh ClearSight,
visit: www.marshclearsight.com.
About Marsh
Marsh
is a global leader in insurance broking and risk management. Marsh helps
clients succeed by defining, designing, and delivering innovative
industry-specific solutions that help them effectively manage risk.
Marsh’s approximately 27,000 colleagues work together to serve clients
in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE:MMC), a global professional services
firm offering clients advice and solutions in the areas of risk,
strategy, and people. With 57,000 colleagues worldwide and annual
revenue exceeding US$13 billion, Marsh & McLennan Companies is also the
parent company of Guy
Carpenter, a global leader in providing risk and reinsurance
intermediary services; Mercer,
a global leader in talent, health, retirement, and investment
consulting; and Oliver
Wyman, a global leader in management consulting. Follow Marsh on
Twitter @MarshGlobal,
or on LinkedIn,
Facebook,
and YouTube.
Copyright Business Wire 2015