XEnergy’s corporate membership has expanded to include a new member – Marsh Croatia, which offers specific expertise in insurance, reinsurance and risk management, especially in the energy sector.
Marsh McLennan is the world’s largest risk management company (NYSE: MMC) with 150 years of corporate tradition. Marsh McLennan employs more than 85,000 people and operates in more than 550 offices in 130 countries around the world. Total revenue in 2022 was more than $20 billion. In Croatia, Marsh operates as a broker for insurance and reinsurance, and from 2023 Marsh McLennan is integrating all 4 global brands into its business as part of a new strategy: Marsh, Mercer, Oliver Wyman and Guy Carpenter. Global expertise at the local level together with local market knowledge are their important advantages.
In the developed world, and particularly in European Union countries, licensed insurance and reinsurance brokers are an indispensable part of any reputable company’s business and play a unique role in protecting policyholders (companies). Without a licensed broker trained in high quality coverage and risk analysis, it is difficult to enter into a proper contract with all required coverages while conducting business in a transparent manner.
In addition to the “usual” types of insurance, Marsh Hrvatska’s office closely specializes in insurance requiring special skills, such as management liability insurance, cyber insurance, indemnity insurance and reinsurance in all sectors, of which the energy sector stands out in particular. Deeply specialized quantitative skills and sophisticated modeling ensure their clients are well informed and prepared to make risk and capital decisions.
We welcome our new member and look forward to working with them!