As the situation in Ukraine evolves, businesses should be mindful of potential risks to their people, assets, operations, or supply chains in the region and globally. Marsh, as part of the Marsh McLennan family of companies, has created a page with information, tools, and resources related to the Russia-Ukraine conflict. Please visit the page for the latest information.
Financial Institutions
Financial institutions face ever-evolving global, regulatory, and technology risks. We’re here to help navigate the uncertainty and create solutions to minimize those risks.
Financial Institutions Industry Services
Our many essential services are tailored not just for financial institutions in general, but also for the specific needs of each client.
Financial Analysis
We conduct a detailed comparison of all available funding options to include financial aspects, risks, potential economic benefits, tax savings, cash flow, and other elements of self-funding.
Tax Liability Mitigation
In the tax liability mitigation process, our team helps the client minimize the amount of tax owed by identifying available and relevant fiscal incentives in current tax legislation.
Balance Sheet Diversification
We help guide clients through the diversification process, which includes moving into a new market or product (organically or via acquisition) to generate a new source(s) of revenue and increase cash on the balance sheet.
Private Exchange Plans
Along with our client’s chosen insurance carriers, we set up a user-friendly online resource where employers and employees can shop for and enroll in health insurance plans, as well as access customer support.
Captive Plans
We provide guidance and/or help in transitioning to a captive plan where clients work outside of the traditional commercial insurance marketplace to achieve their own risk financing objectives by wholly owning and controlling their own insurance company.
Retirement Services: 401(a), 401(k), 403(b) and 457 Plans
Our team provides clients with guidance on choosing the right plan for the organization and its employees.
Plan Design, Consulting, and Benchmarking
Our team takes a personalized approach to plan design and consulting by assessing our client’s financial objectives and assessing both organization and industry issues and related risks, while also drawing from our Global Benchmarking Portal to analyze critical information needed in determining the best approach to risk management decisions.
Employee Education and Engagement
We provide clients with safety and risk management educational and engagement opportunities through our 360 Online Risk Management Center—accessible to our client’s entire organization.
Vendor Selection and Management
We walk clients through the vendor selection and management process to ensure partnerships are meeting the key needs of your organization.
Investment Analysis and Recommendations
Through our investment analysis, we make recommendations based on current market trends and client-specific financial goals.
Executive Benefits
Executive benefits include supplemental benefits and perks, such as additional insurance coverage, extended PTO, a deferred compensation plan, financial and legal counseling, and more.
Tailored Coverages for Financial Institutions
- Bank-owned Life Insurance (BOLI) and Credit Union-owned Life Insurance (CUOLI)
- Group Medical, Dental, Life, and Disability Plans
- Supplemental Life Insurance Protection
- Supplemental Disability Income Benefits
- Long Term Care Insurance
- Long and Short Term Incentive Plans
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