Stars Becomes Marsh Clearsight
April 14 2015 - 9:00AM
Business Wire
Rebranding Reflects Strategic Role of
Analytics, Collaboration, and Integrated Applications in New Era of
Dynamic Risk Management
Reflecting the growing importance of analytics, collaboration,
and data-driven workflow applications in risk management, Marsh
LLC, a global leader in insurance broking and risk management,
today announced it is rebranding its STARS business unit and
technology platform to Marsh ClearSight.
A leading provider of risk, safety, and claims management
software, Marsh ClearSight, under its new brand, is making a
strategic move to further integrate its innovative technology with
Marsh’s extensive data and analytics resources to help clients
consolidate their risk information and better optimize their risk
decisions. This move broadens the scope of the business beyond
traditional risk management and into the realm of dynamic risk
management with real-time data and analytics.
“In Marsh ClearSight, we have brought together the leading edge
technology of STARS with the data and analytics depth of Marsh, to
provide the risk management community with a comprehensive platform
that delivers actionable intelligence,” said John Drzik, President
of Marsh Global Risk and Specialties.
Last October, Marsh ClearSight announced the alpha version of
the industry’s first risk management platform that brings together
integrated applications, analytics, and collaboration tools to help
clients better manage their Total Cost of Risk (TCOR) with
data-driven insights. This new platform, also named Marsh
ClearSight, leverages Marsh’s industry-leading risk database, and
the knowledge and expertise of the global Marsh network.
“The innovations in social, mobile, analytics, and cloud
technologies offer the opportunity to meet the growing needs of
risk management stakeholders in providing real-time information. We
have utilized these technologies in developing the Marsh ClearSight
software platform— the first collaborative network for the risk
management ecosystem with data-driven workflow applications and
robust analytics,” said Paul Marushka, President of Marsh
ClearSight.
“Marsh ClearSight is in a unique position with this platform to
move the market in an entirely new direction,” said veteran
industry expert David Tweedy, Director of Risk Management
Information Systems at Bickmore. “To better align with the rest of
the enterprise, risk management needs to evolve from static process
automation and reporting tools to a dynamic approach, powered by
data and analytics that helps risk managers engage stakeholders
across their organization to make the best possible risk
decisions.”
About Marsh ClearSight
Marsh ClearSight LLC, a business unit of Marsh LLC, is the
global leader in technology, analytics, and data service solutions
across risk, safety, and claims management. With the industry’s
first integrated platform that brings together data-driven workflow
applications, analytics, and collaboration tools, Marsh ClearSight
uniquely provides its customers with actionable insights to
optimize decision-making across the risk lifecycle. For more
information on Marsh ClearSight, visit:
www.marshclearsight.com.
About Marsh
Marsh is a global leader in insurance broking and risk
management. Marsh helps clients succeed by defining, designing, and
delivering innovative industry-specific solutions that help them
effectively manage risk. Marsh’s approximately 27,000 colleagues
work together to serve clients in more than 130 countries. Marsh is
a wholly owned subsidiary of Marsh & McLennan Companies
(NYSE:MMC), a global professional services firm offering clients
advice and solutions in the areas of risk, strategy, and people.
With 57,000 colleagues worldwide and annual revenue exceeding US$13
billion, Marsh & McLennan Companies is also the parent company
of Guy Carpenter, a global leader in providing risk and reinsurance
intermediary services; Mercer, a global leader in talent, health,
retirement, and investment consulting; and Oliver Wyman, a global
leader in management consulting. Follow Marsh on Twitter
@MarshGlobal, or on LinkedIn, Facebook, and YouTube.
MarshSally Roberts, +1
303-952-9453sally.roberts@marsh.comorMarsh ClearSightJulia Gotwald,
+1 703-973-7392julia.gotwald@allisonpr.com
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