MARSH (PTY) LTD
Insurance in Cape Town

Marsh's claims advocates have been involved in managing the successful outcome of some of the world’s largest and most complex claims. Our global network of 1,800 claims and risk consultants work to control our clients' total cost of risk. We review changes in property insurance claims, analytics, risk engineering, and crisis management since the largest insured loss event in history. Marsh delivers customized, innovative services and solutions across a broad spectrum of insurable and non-insurable risks, helping you reduce claims costs. Our specialized claims expertise is critical for organizations that want to manage risk, meet business objectives, and unlock opportunities. Our state-of-the-art claims reporting system enables immediate electronic notification to markets, with return acknowledgments, while our claims consultants will work with you to assist in managing claim processes on your behalf, enabling you to concentrate on day-to-day business matters, while helping to maximize a fair recovery. We provide progress reports and identify critical claims issues before they develop into challenges that could delay recovery. To help you minimize your overall program costs, we work with you to develop a claim service plan that is consistent with industry best practices, which includes customized special claim handling instructions per market. The expertise of our claims advocates, combined with our market relationships, enables us to help you resolve, effectively and efficiently, even the most complex and potentially contentious claims. Our industry-segmented and geographically diverse claims professionals offer strategic and practical advice on major claims, delivering solutions underpinned by our technical expertise and longstanding insurer relationships. Our surety experts provide industry-leading, innovative bond consulting services. Our global network of surety specialists who know the industry and its characteristics. Marsh’s Surety Practice provides consultative surety services, including executing bonds, reviewing contracts, and obtaining bonding capacity from surety companies. With Marsh Surety, you can also replace bank letters of credit or insurance guarantees with more cost-effective surety bonds, freeing up credit capacity for other business needs. A key to Marsh’s industry-leading offering is our proprietary SubSecure Report, which prequalifies a subcontractor’s financial standing from a surety point of view and assigns a numerical solvency score based on key benchmarks, providing you a comprehensive view of your subcontractor’s financial strengths and weaknesses. Construction surety provides in-depth industry knowledge, solutions, project analysis, contract review, and day-to-day construction bond execution services. Examples of these bonds include construction and environmental performance, payment, supply, maintenance, and warranty bonds. Examples of these bonds include advance payment, trade guarantees, construction, performance, warranty and maintenance bonds. Project owners, engineering and construction firms, general contractors, construction managers, and specialty contractors face subcontractor default risk, and require critical support in determining subcontractor solvency prior to award. Using our SubSecure SM service, Marsh’s Surety Practice can help you analyze a subcontractor’s financial standing and degree of default risk. An individual SubSecure SM report that scores subcontractors’ financial factors against 10 important areas to identify if they present a high risk for potential default. A subcontractor portfolio report, to analyze the overall credit/financial quality of your subcontractors. Based on the above reports, you can prequalify and determine whether to accept or decline a subcontractor. Or, for strong risks, you may elect to waive bonding requirements to achieve cost savings associated with bond premiums.