Over the past 20 years, the chemicals industry has gone through an exceptional transformation. Strategies and business models have changed to adapt to a fast-changing global environment. Faced with a constantly evolving risk landscape, the cyclical nature of the insurance market, and ongoing pressure to reduce costs, insurance buyers need to know how their insurance programs compare with those of their primary competitors.
Marsh and its sister companies collect and maintain extensive benchmark data for a wide variety of industries and risks. Our information is collected, aggregated, and analyzed by our industry and risk practice experts across the country.
The Marsh U.S. Chemicals Industry Practice has produced a new annual benchmark study, which compares the insurance and risk management programs of more than 160 chemicals industry companies. This report combines our latest and best benchmarking data into one single and uniform document focused on the chemicals industry. Benchmarking is an extremely valuable tool that helps us validate insurance-program design, renewal strategies, and pricing targets to achieve positive results for our clients.
The Chemicals Risk Benchmark Report is intended to be a supplemental resource to help our clients make more informed decisions about their insurance programs. The report also outlines some of the recent trends in the insurance market for chemical companies and provides information on the major lines of coverage including property, directors and officer's liability, fiduciary liability, fidelity, and employment practices liability.
To obtain a copy of the report please send an e-mail to .