Marsh Risk Consulting
Marsh Risk is the Risk and Insurance Services segment of Marsh & McLennan Companies (NYSE: MRSH), operating as a global insurance broker and risk advisor across 130+ countries, serving enterprise clients with AI-powered analytics platforms and specialized insurance facilities for cyber, casualty, nuclear, and autonomous vehicle risk.
- Company typePublic
- Founded1871
- HeadquartersRotterdam, Netherlands
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Marsh Risk Consulting does
Marsh Risk is the Risk and Insurance Services segment of Marsh & McLennan Companies (NYSE: MRSH), the world's largest insurance broker by revenue, headquartered in New York with operations spanning 130+ countries and approximately 95,000 employees globally at the parent level. The company operates as a global insurance broker and risk advisor serving enterprise clients through direct consultative sales, broker programs, and specialized insurance facilities. Its customer base spans industries including energy, healthcare, transportation, technology, and financial services, with named relationships including Uber Technologies (autonomous vehicle facility AVIP), TerraPower (Kemmerer Unit 1 advanced nuclear), and large multinational corporations across markets. In April 2026, Nick Studer was appointed President and CEO following a broader Marsh & McLennan Companies leadership restructure.
Marsh Risk's product portfolio combines AI-powered analytics platforms with specialized insurance facilities. The Risk Companion Suite integrates global risk datasets with actuarial modeling to provide real-time risk insights through modules for insurance renewal modeling (Renewal Companion) and captive financial reporting (Captive Companion). Project Leapfrog, currently in testing, extends this with large language models for natural-language interaction with risk strategy. Insurance facilities include Cyber ECHO (the largest global cyber facility at up to $200 million per client), BX1 ($50 million Bermuda casualty facility combining Ascot, Markel, Ark, and Sompo capacity), Nimbus Casualty ($75 million for digital infrastructure construction using the proprietary XSellence form), and AVIP (exposure-based autonomous vehicle coverage for Uber's platform). Marsh Risk arranges highly specialized placements including the TerraPower Kemmerer Unit 1 nuclear project - the first next-generation US nuclear plant to gain direct commercial market access.
Marsh Risk generates revenue primarily through commissions and fees from insurance brokerage, with supplementary risk advisory and consulting services. Segment revenue reached $3.7 billion in Q4 2025 (10% year-on-year growth), and parent-level consolidated revenue reached $7.6 billion in Q1 2026 (8% growth, 4% underlying). Pricing is quote-based and not publicly disclosed; the broader commercial insurance market has seen six consecutive quarters of rate decline (-4% average in Q4 2025), pressuring commission economics. Go-to-market combines enterprise field sales with content marketing via the proprietary Global Insurance Market Index report, webcasts, and industry events such as RIMS RISKWORLD, supported by newly created US surety leadership roles and continued global practice investment.
Marsh Risk Consulting firmographics
Firmographics- Name
- Marsh Risk Consulting
- Legal name
- Marsh
- Website
- https://marsh.nl
- Company type
- Public
- Founded year
- 1871
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Marsh Risk is the Risk and Insurance Services segment of Marsh & McLennan Companies (NYSE: MRSH), operating as a global insurance broker and risk advisor across 130+ countries, serving enterprise clients with AI-powered analytics platforms and specialized insurance facilities for cyber, casualty, nuclear, and autonomous vehicle risk.
- Ownership category
- akta.pro rank
Marsh Risk Consulting industry classification
Industry- Product category
- Insurance Brokerage and Risk Advisory
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
- akta.pro secondary industries
- Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG), Resilience Finance & Risk Transfer Analytics (Parametric Design, Cat Bonds, Public Risk Pools) (EUABALAK)
Keywords
Where Marsh Risk Consulting is headquartered
LocationHeadquarters
- HQ city
- Rotterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices4 records
Markets served
Marsh Risk Consulting business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Risk and Insurance Services: Insurance brokerage and risk advisory services generating revenue through commissions and fees from placing insurance coverage for corporate clients. Revenue of $7.6 billion in Q1 2026, an 8% year-on-year increase with underlying growth of 4%. Marsh Risk specifically reported $3.7 billion in Q4 2025 revenues, representing 10% increase year-over-year.
- Global Insurance Market Index Reports: Proprietary market intelligence reports including the Global Insurance Market Index (GIMI) tracking commercial insurance rate changes globally, providing consulting and advisory services based on market analytics
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Annual | Global commercial insurance rates decreased 4% on average in Q4 2025 |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Marsh Risk Consulting product offering
Product offeringCore offering
Marsh Risk Consulting is a global insurance broker and risk advisor that places commercial insurance coverage and delivers risk management consulting for enterprise clients across 130+ countries. Its offering combines insurance brokerage (commission-based placement of property, casualty, cyber, marine, aviation, energy and specialty lines) with risk advisory services — including AI-powered analytics via the Risk Companion suite, captive insurance consulting, claims advocacy, and specialty insurance facilities such as Cyber ECHO, BX1, Nimbus Casualty and AVIP.
Product overview
Marsh Risk offers a comprehensive portfolio of risk management solutions comprising AI-powered analytics platforms and specialized insurance facilities. The core offering includes the Risk Companion suite—an AI-powered analytics platform with modules for Renewal Companion (real-time insurance modeling) and Captive Companion (captive financial reporting)—alongside Project Leapfrog, an AI risk strategy tool using large language models. The company provides specialized insurance facilities including Cyber ECHO (cyber insurance up to $200m), BX1 (Bermuda casualty facility with $50m capacity), Nimbus Casualty (digital infrastructure protection up to $75m), and AVIP (autonomous vehicle insurance for Uber). Services span captive insurance, cyber risk, casualty, transactional risk, surety, and industry-specific risk consulting across sectors including energy, healthcare, transportation, and technology.
Differentiator
Problem solved
Functional benefit
Brands
- Cyber ECHO: Global excess cyber risk facility providing up to $200 million in coverage, launched in 2016, securing over $55 billion for more than 1,500 clients globally.
- Risk Companion
- Renewal Companion
- Captive Companion
- BX1
- Nimbus Casualty
- AVIP
Products and services
- Risk Companion Suite
- Project Leapfrog
- Cyber ECHO Facility
- BX1 Bermuda Insurance Facility
- Nimbus Casualty
- AVIP (Autonomous Vehicle Insurance Program)
- Risk Consulting and Brokerage Services
- Accelerated Payment Endorsement Framework
Quantifiable outcome
- Cyber ECHO has secured $55 billion+ in cover for 1,500+ clients globally since 2016
- +2 more outcomes
Companies that use Marsh Risk Consulting
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Marsh Risk Consulting technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature7 records
Marsh Risk Consulting partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered minor, core and flagship.
- WorkSafe VictoriaminorMarsh Risk received funding through WorkSafe Victoria's Return to Work Innovations program to trial new approaches for helping injured workers recover from mental injuries using AI, virtual reality, and digital platforms.
- Turner Institute for Brain and Mental HealthminorRecipient of WorkSafe Victoria funding alongside Marsh Risk for mental injury recovery trials targeting transport, healthcare, emergency services, and retail sectors.
- LifelyminorRecipient of WorkSafe Victoria Return to Work Innovations program funding for mental injury recovery trials.
- Navigator GroupminorRecipient of WorkSafe Victoria Return to Work Innovations program funding for mental injury recovery trials.
- OppositeminorRecipient of WorkSafe Victoria Return to Work Innovations program funding for mental injury recovery trials.
- Utility CreativeminorRecipient of WorkSafe Victoria Return to Work Innovations program funding for mental injury recovery trials.
- AIGcoreMarsh Risk introduced accelerated payment endorsement framework with AIG, Beazley, Canopius, CFC, and QBE to streamline cyber insurance claim settlements. The framework enables direct payments to incident-response firms, mandates interim payments for undisputed losses, and standardizes evidence requirements.
- BeazleycorePart of five-insurer accelerated payment endorsement framework for streamlined cyber insurance claim settlements with standardized evidence requirements.
- CanopiuscorePart of five-insurer accelerated payment endorsement framework for streamlined cyber insurance claim settlements with standardized evidence requirements.
- CFCcorePart of five-insurer accelerated payment endorsement framework for streamlined cyber insurance claim settlements with standardized evidence requirements.
- QBEcorePart of five-insurer accelerated payment endorsement framework for streamlined cyber insurance claim settlements with standardized evidence requirements.
- Lloyd's and London Market InsurerscoreCyber ECHO facility pools capacity from Lloyd's, company, and Bermuda markets. Nimbus Casualty backed by A+ rated insurers from Lloyd's and London market.
- Bermuda Market InsurerscoreCyber ECHO facility pools capacity from Lloyd's, company, and Bermuda markets to provide up to $200 million in cyber insurance coverage.
- TerraPowerflagshipMarsh Risk arranged comprehensive insurance program for TerraPower's Kemmerer Unit 1 advanced nuclear project in Wyoming, representing the first next-generation US nuclear project to gain direct access to commercial insurance market alongside traditional nuclear insurance pools.
- US Department of EnergycoreTerraPower insurance placement structured as public-private partnership with US Department of Energy for Kemmerer Unit 1 advanced nuclear project.
- AscotcoreAscot contributed $50 million in unified excess casualty capacity to Marsh Risk's BX1 Bermuda-based insurance facility alongside Markel, Ark, and Sompo.
- MarkelcoreMarkel contributed $50 million in unified excess casualty capacity to Marsh Risk's BX1 Bermuda-based insurance facility.
- ArkcoreArk contributed $50 million in unified excess casualty capacity to Marsh Risk's BX1 Bermuda-based insurance facility.
- SompocoreSompo contributed $50 million in unified excess casualty capacity to Marsh Risk's BX1 Bermuda-based insurance facility.
- Apollo (ibott division)flagshipMarsh Risk and specialty insurer Apollo partnered to create AVIP autonomous vehicle insurance facility exclusively for Uber Technologies. The program provides comprehensive primary and excess liability coverage for AV developers, fleet operators, and manufacturers using exposure-based pricing.
Scale indicators15 records
Recent moves6 records
Expansion highlights8 records
Marsh Risk Consulting competitors and assessment
Company assessmentOthers
- Guy Carpenter & Company: Guy Carpenter is Marsh Risk's own sister reinsurance brokerage subsidiary under Marsh & McLennan. Comparable in risk analytics and reinsurance placement capabilities, representing the firm's internal peer in capital and treaty advisory.
Emerging players
- Riskonnect: Riskonnect is an emerging risk management technology platform (IRM/GRC) that overlaps with Marsh's Risk Companion analytics suite in integrated risk quantification, claims, and analytics—representing the insurtech competitive vector against traditional brokers.
Direct peers
- Willis Towers Watson (WTW): WTW is a top-three global insurance broker and risk advisory firm with overlapping specialty practices (cyber, construction, energy). Direct competitor for enterprise risk placements and analytics-driven advisory engagements similar to Marsh's Risk Companion.
- Aon plc: Aon is the closest direct peer to Marsh Risk—global insurance brokerage and risk advisory of comparable scale, competing head-to-head for large corporate placements, reinsurance, and risk analytics mandates across the same multinational client base.
- Brown & Brown, Inc. Brown & Brown is a US-focused insurance broker and risk management firm that competes with Marsh in commercial brokerage and specialty programs. Smaller and more US-centric but operates in the same product categories with comparable customer segments.
- Alliant Insurance Services: Alliant is a US specialty insurance brokerage and consulting firm competing with Marsh in commercial P&C, employee benefits, and surety—particularly for mid-market and specialty industry clients comparable to Marsh's enterprise franchise.
- Arthur J. Gallagher & Co. Gallagher is a large US-based insurance brokerage and risk management services competitor that recently poached Marsh's surety talent. Directly comparable in commercial P&C brokerage, surety, and risk consulting with similar enterprise client focus.
- Hub International: Hub International is a North American insurance brokerage that competes with Marsh Risk in middle-market and enterprise commercial brokerage, employee benefits, and specialty risk services across similar industry verticals.
- Lockton Companies: Lockton is the world's largest independent (privately held) insurance brokerage, directly comparable to Marsh in enterprise risk placement, specialty practices, and global reach—particularly in US, UK, and Asia commercial lines.
Broad incumbents
- Howden Group Holdings: Howden is a fast-growing global insurance broker (now backed by BC Partners/Hyperion) competing with Marsh in specialty and reinsurance brokerage. Comparable in scale ambitions though still building out US presence relative to Marsh's mature footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Marsh Risk Consulting social profiles
Digital presenceMarsh Risk Consulting financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marsh Risk Consulting leadership team
Management profileNumber of profiles
Profiles7 records
Marsh Risk Consulting subsidiaries and ownership
Company hierarchySubsidiaries4 records
Marsh Risk Consulting funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marsh Risk Consulting M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Marsh Risk Consulting
What does Marsh Risk Consulting do?
Marsh Risk Consulting is a global insurance broker and risk advisor that places commercial insurance coverage and delivers risk management consulting for enterprise clients across 130+ countries. Its offering combines insurance brokerage (commission-based placement of property, casualty, cyber, marine, aviation, energy and specialty lines) with risk advisory services — including AI-powered analytics via the Risk Companion suite, captive insurance consulting, claims advocacy, and specialty insurance facilities such as Cyber ECHO, BX1, Nimbus Casualty and AVIP.
Is Marsh Risk Consulting a public or private company?
Marsh Risk Consulting is a public company. It is classified as public and is currently operating.
When was Marsh Risk Consulting founded?
Marsh Risk Consulting was founded in 1871. It employs 251 to 500 people.
Where is Marsh Risk Consulting based?
Marsh Risk Consulting is headquartered in Rotterdam, Netherlands, in the Europe region.
How does Marsh Risk Consulting make money?
Two revenue lines are on record. Risk and Insurance Services are the primary driver. The others are global Insurance Market Index Reports.
Who are Marsh Risk Consulting's main competitors?
Guy Carpenter & Company is listed as an others. Riskonnect is listed as an emerging player. Direct peers are Willis Towers Watson (WTW), Aon plc, Brown & Brown, Inc., Alliant Insurance Services, Arthur J. Gallagher & Co., Hub International and Lockton Companies. Howden Group Holdings is listed as a broad incumbent.
Does Marsh Risk Consulting have an API?
No public API is recorded for Marsh Risk Consulting.
What industry is Marsh Risk Consulting in?
Marsh Risk Consulting's product category is Insurance Brokerage and Risk Advisory. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines), with a secondary code of FSAEADAG, Risk Management Consulting (Enterprise & Operational Risk). Its NAICS code is 52421 and its SIC code is 6411.