Insurance broker Marsh has launched a service that enables clients worldwide to monitor the financial condition of their insurance companies at any time.
Called Marsh Market Information (MMI), the service addresses what Marsh says is a top concern of clients by giving them instant access to detailed, current financial information and analyses on more than 1,500 insurance companies from Marsh’s Market Information Group.
“With lessons learned from the global financial crisis, businesses around the world are strengthening all aspects of their risk governance and require the ability to monitor the financial condition of the insurance companies that participate on their insurance programs,” said Sandy Vietor, president of Marsh’s Global Specialties. “MMI gives clients a state-of-the-art platform that provides up-to-date information and lets individual clients establish their own set of analytical priorities for examining their portfolio of insurers.”
Available through a secure web portal, MMI combines ratings and outlooks from all three major ratings agencies—AM Best, S&P, and Moody’s—with insurer and group financial data, stock charts, credit default swap spreads, news feeds and Marsh’s exclusive financial analyses. Exclusively for Marsh clients, MMI also delivers e-mail alerts on critical developments at insurers, including mergers, acquisitions and key management changes.
MMI also has industry analytics and interactive online tools that enable clients to compare insurance company financial results and analyze the overall credit exposure of their current and prospective insurance programs.
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