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As the automotive industry races into globalization, related changes — as well as corresponding risks — are affecting nearly every aspect of the business from manufacturing to sales. These changes have had a major influence on the automotive industry's coverage requirements.
Marsh collects and maintains extensive benchmark data for a wide variety of industries and risks. Our information is collected, aggregated, and analyzed by our industry and risk practice experts across the country.
Marsh's Automotive Practice has produced a new annual benchmark study, which compares the risk management and insurance programs of more than 190 buyers of insurance products in the automotive industry in the United States. This report combines our most current benchmarking data into one single and uniform document focused on the automotive industry. Benchmarking is an extremely valuable tool that helps us validate insurance-program design, renewal strategies, and pricing targets to achieve positive results for our clients.
Marsh's Automotive Risk Benchmark Report is intended to be a supplemental resource to help our clients make more informed decisions about their insurance programs. The report also outlines some of the recent trends in the insurance market for automotive industry and provides information on all major lines of coverage.
To obtain a copy of the report, please register here.
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