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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.

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