Rising compensation claims, poor availability of medical malpractice insurance, tighter budgets, a need for greater efficiency and greater media scrutiny are just some of the critical risk management challenges facing healthcare institutions.

The Healthcare Practice at Marsh is the global leader in providing independent risk and insurance consulting and transactional services to this sector.

Our Practice is a global network of more than 750 colleagues placing $1bn in annual insurance premiums, and serving 2,500 healthcare clients in 45 countries.

We cover 65% of the independent acute beds in the UK, work for the Department of Health, and provide commercial advice and solutions for NHS trusts.

We are committed to reducing your Total Cost of Risk – helping you optimally manage your strategic, financial, operational and hazard risks, and reducing your cost of insurance.

The outcome is improved financial, clinical and patient safety performance as well as quality of care.

We have played a leading role as key advisor in the various debates about medical malpractice.

Marsh was instrumental in establishing France’s groundbreaking medical malpractice scheme for doctors, Medirisk.

We provide:

benchmarking services – we publish bespoke benchmarking reports

consultation – we offer many consultative products and services, including:

• insurance due diligence and programme reviews
• insurance transactional services on all insurance classes
• strategic risk review
• absence management
• restructuring advice
• strategic human capital review
• employee background screening
• security review
• data recovery
• corporate governance
• business continuity planning
• health and safety
• performance bonds
• CNST actuarial allocation reviews

healthcare information technology – our proprietary risk management information system, CS STARS, is industry-leading software that records, analyses and manages adverse clinical and work-related events, administers claims and provides bespoke solutions to a broad array of related insurance issues. Click here to see how we helped to create a national risk management information solution for the Irish Department of Health.