The Alaska Contractor - Summer 2008
The Alaska Contractor - Summer 2008
The Alaska Contractor - Summer 2008
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enced Marsh <strong>Alaska</strong> staff, it means tapping into the Marsh<br />
network of companies worldwide.<br />
“If someone comes to us with a challenge, we meet it,”<br />
Brady said. “It’s the level of specialists that we bring to bear<br />
that makes the difference. We definitely bring many different<br />
Marsh resources to our <strong>Alaska</strong> clients.”<br />
Marsh’s specialists can provide insight in areas from<br />
workers’ compensation for trucking firms, job site training<br />
to office ergonomics. <strong>The</strong>y can utilize consulting specialists<br />
from any of Marsh’s 362 offices worldwide.<br />
“We’re more than a transactional broker,” Allen said.<br />
“We’ve become a trusted business partner, much as a CPA<br />
or a law firm. We want to be part of the company.”<br />
<strong>The</strong> primary mission of Marsh’s risk management optimization<br />
practice is to help clients build a valued risk management<br />
function, starting with the review of any current<br />
risk management strategy. When claims must be filed because<br />
of a loss, Marsh becomes an advocate for its clients as<br />
they seek to recover damages.<br />
Surety bonds are a critical component of the construction<br />
industry. Marsh’s Anchorage office has the largest surety team<br />
on the ground with five experienced professionals on staff.<br />
“We bring together long-standing relationships with the<br />
surety industry, a detailed knowledge of the construction<br />
business and extensive resources to help each company anticipate,<br />
understand and respond to conditions in the surety<br />
industry,” Allen said.<br />
Responding to emergencies is a critical component. If a<br />
client faces an emergency or complex situation, Marsh calls<br />
in resources to develop a solution.<br />
“It’s this combination of local consultants and a worldwide<br />
vision that sets Marsh apart,” Brady said.<br />
In an economy where rising energy costs and a declining<br />
dollar are cutting into profit margins, there is an increasing<br />
need for risk management to reduce down time, supply<br />
chain issues and other avoidable delays. Its proactive and<br />
adaptive approach to meeting the needs of clients keeps<br />
Marsh in the forefront of the industry.<br />
In <strong>Alaska</strong>, Marsh Anchorage is sponsoring a “Risk Management<br />
101” training course to help clients understand risk<br />
management concepts. “Reducing total cost of risk enhances<br />
our contracting clients competitive advantage and improves<br />
their profitability,” Brady said.<br />
Safety is such a key component for contractors that Marsh<br />
sponsors the Associated General <strong>Contractor</strong>s of <strong>Alaska</strong>’s<br />
annual Excellence in Safety Awards. Through membership<br />
in AGC the company builds a strong relationship with the<br />
contracting industry in the state of <strong>Alaska</strong>.<br />
According to Allen and Brady, it is Marsh Anchorage’s<br />
strategy to incorporate the various aspects of insurance coverage<br />
and risk management into a fluid, customized, strategic<br />
package for each of its clients, emphasizing its local<br />
knowledge and connections while benefiting from a global<br />
network – the best of both worlds.<br />
Marsh USA is online at http://global.marsh.com/. <strong>The</strong><br />
Anchorage office, at 1031 West 4th Avenue, Suite 400, may<br />
be contacted at (907) 276-5617.<br />
Victoria Naegele is a freelance writer who lives near Palmer.