Marsh & McLennan Companies Launches Asia Pacific Risk Center Supported by the Singapore Economic Development Board
August 24 2016 - 7:00PM
Business Wire
Digital News Hub “BRINK Asia” to Provide
Insights on Current and Emerging Risks Relevant to Asia
Region
Marsh & McLennan Companies (NYSE: MMC), a global
professional services firm offering clients advice and solutions in
risk, strategy, and people, and the Singapore Economic Development
Board (EDB) today announced the launch of the Asia Pacific Risk
Center (APRC) in Singapore. The center is MMC’s inaugural risk
research institute in Asia Pacific, providing insight and analysis
to government leaders and corporate executives.
Drawing on expertise from MMC’s four operating companies, Marsh,
Guy Carpenter, Mercer, and Oliver Wyman, the APRC will further
strengthen Singapore’s position as a hub of intellectual-capital
generation by creating a dozen new research positions in the city
and bringing leading experts from academia and industry together at
conferences and workshops. Oliver Wyman partner Wolfram Hedrich
will serve as the APRC’s Executive Director, based in
Singapore.
In connection with the APRC’s launch, the center released its
first report, which focuses on the urgency and significance of
current and projected costs of elderly healthcare in Singapore and
across the region. Other upcoming APRC reports will focus on
infrastructure financing and energy related issues, analyzing key
risks facing industries, governments, and societies in Asia
Pacific.
“The APRC will generate new perspectives on the major risks
facing Asia Pacific industries, governments, and societies today,”
said John Drzik, Chairman, Global Risk Center, Marsh & McLennan
Companies. “By leveraging actionable insights from the APRC,
businesses and governments will be able to respond to threats and
challenges faster, and stay ahead of the curve.”
“We are delighted that Marsh & McLennan has chosen to locate
its first risk center for Asia Pacific in Singapore,” said Kelvin
Wong, Assistant Managing Director, EDB. “Its decision is testimony
to the importance of Hub Services as a growth driver for the
Singapore economy, and will be a great boost to our
business-research ecosystem. Global professional services firms can
tap Singapore’s talent base and industry capabilities to develop
innovative insights and develop pioneering, multi-disciplinary
services for clients in Asia and beyond."
The APRC will extend MMC’s global research network to Asia and
add new partnerships with universities and research institutions in
Singapore’s local research ecosystem for co-development of
intellectual property. Additionally, the APRC announced the launch
of its digital news hub, BRINK Asia, sponsored by MMC in
partnership with Atlantic Media Strategies. BRINK Asia will provide
up-to-the-minute insights relevant to top executives and policy
leaders on current and emerging risks relevant to the Asian market.
To subscribe to BRINK Asia, please visit
www.brinknews.com/asia.
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global
professional services firm offering clients advice and solutions in
the areas of risk, strategy and people. Marsh is a leader in
insurance broking and risk management; Guy Carpenter is a leader in
providing risk and reinsurance intermediary services; Mercer is a
leader in talent, health, retirement and investment consulting; and
Oliver Wyman is a leader in management consulting. With annual
revenue of $13 billion and approximately 60,000 colleagues
worldwide, Marsh & McLennan Companies provides analysis, advice
and transactional capabilities to clients in more than 130
countries. The Company is committed to being a responsible
corporate citizen and making a positive impact in the communities
in which it operates. Visit www.mmc.com for more information and
follow us on LinkedIn and Twitter @MMC_Global.
About the Asia Pacific Risk Center (APRC)
The Asia Pacific Risk Center is Marsh & McLennan Companies’
research institute dedicated to analyzing the key risks facing
industries, governments, and societies in Asia, and identifying
practical ways to build resilience and realize opportunity. The
APRC helps decision makers address these risks through research and
insight that combine MMC’s rigorous analytical approach to risk
management with leading thinking from renowned research
partners.
About BRINK Asia
BRINK Asia (www.brinknews.com/asia) is a digital platform made
possible by Marsh & McLennan Companies and managed by Atlantic
Media Strategies, the digital consultancy of The Atlantic. BRINK
Asia delivers practical and timely insights to top executives and
policy leaders in the Asia Pacific region and worldwide. It
combines knowledge and expertise from across MMC with other leading
experts on risk and resilience. BRINK Asia informs global decision
makers on current and emerging risks relevant to the Asian market.
BRINK Asia is part of the global BRINK digital platform
(www.brinknews.com).
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160824006113/en/
Media:Marsh & McLennan CompaniesLaura Schooler,
+1-212-345-0370laura.schooler@mmc.comorMedia:Oliver
WymanFrancine Minadeo,
+1-212-345-6417Francine.minadeo@oliverwyman.com
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