Risk Management an Increasingly Important Boardroom Topic in Asia

AsiaNet 48796

SINGAPORE, March 26, 2012 /PRNewswire-Asia-AsiaNet/ —

Marsh Launches Asia Directors’ Series Publication to Help Directors and C-Suite Executives Tackle Today’s Risk Issues With Confidence

Company directors across Asia are becoming increasingly concerned about critical risk issues that they fear could have a serious impact of their companies’ balance sheets. According to Marsh, a global leader in insurance broking and risk management, buyer default, supply chain disruption and rising employee healthcare costs are just some of the issues that have recently become key board level concerns.

Alan Cheah, Managing Director and Region Head for Marsh in Asia, said: “Given the economic volatility and string of natural disasters in Asia last year, risk and risk management have quickly become boardroom topics across Asia. To do their jobs effectively, directors need to keep themselves informed of the latest global risk trends.”

To help company directors understand and manage these critical issues, Marsh today launches its Asia Directors’ Series, a quarterly publication that offers insight and practical solutions to help companies succeed in today’s volatile business environment.

In the first edition for 2012, the publication takes an in-depth look into:

— The rising prospect of buyer default for Asian suppliers, as insolvencies increase especially in the Eurozone;
— Lessons from the natural catastrophes in Asia Pacific during 2012, including business interruption insurance, supply chain risk management and business continuity management;
— How companies can contain the rising cost of employee healthcare while at the same time continue to attract and retain talent through creative employee benefits programs

Mr Cheah added: “Through this quarterly publication, Marsh provides company directors and executives with timely and practical insight they can immediately apply to their risk management programs. Today’s operating environment demands directors and executives to be ahead of the curve and the Asia Directors’ Series will help them do just that.”

To download Marsh’s Asia Directors’ Series, please click here (http://www.marsh-asia.com/pdf/2012/Marsh_Directors_Series_Issue12012.pdf).

About Marsh

Marsh (http://usa.marsh.com/), a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (http://www.mmc.com/) (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter (http://www.guycarp.com/), a global leader in providing risk and reinsurance intermediary services; Mercer (http://www.mercer.com/home), a global leader in human resource consulting and related services; and Oliver Wyman (http://www.oliverwyman.com/index.html), a global leader in management consulting. Follow Marsh on Twitter @Marsh_Inc (http://twitter.com/@Marsh_Inc).

SOURCE: Marsh