With investments driving rapid expansion and high levels of M&A activity, communication, media, and technology (CMT) companies are facing an influx of risk data from many sources. But many CMT companies are still managing risks with a fragmented view through manual and time-consuming efforts resulting in higher loss costs, fragmented reporting and potential regulatory fines.
Marsh ClearSight helps communication, media, and technology (CMT) companies overcome these challenges and minimize their risk exposure. Annually, Marsh ClearSight provides exposure, claims, policy, and incident management software solutions to more than 25 Communications, Media and Technology clients driving down TCOR through expense savings between 30% to 50%. This has resulted in productivity savings between $25,000 and $200,000 for clients who managed risk reports in spreadsheets, collected incidents using paper forms, or consolidated claims from multiple carriers without an automated process.