Marsh has unveiled a new service Marsh Market Information (MMI) that enables clients to monitor the financial condition of their insurance companies. MMI gives clients an instant access to detailed, current financial information and analyses on around 1,500 insurance companies from Marsh's market information group.
Available through a secure web portal, MMI combines ratings and outlooks from all major ratings agencies with insurer and group financial data, stock charts, credit default swap spreads, news feeds and Marsh’s exclusive financial analyses. MMI also captures and delivers e-mail alerts critical developments at insurers, including mergers, acquisitions and key management changes.
The company said that the MMI also has industry analytics and interactive online tools that enable clients to compare insurance company financial results and analyze overall credit exposure of their current and prospective insurance programs.
Sandy Vietor, president of global specialties at Marsh, said: “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.
“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.”