Recommended actions and how we can help Businesses experiencing in昀氀ation can become resilient and even transform their operations, according to Oliver Wyman, a sister company to Marsh McLennan Agency (MMA). Understanding and mitigating risk is critical to achieving sustainable growth in every industry during any economic cycle. Businesses should discuss their needs and goals with MMA, which can provide tools and insights including: Property valuation services to ensure you’re not 01 under- or over-insured Risk 昀椀nance and risk management programs to 02 optimize your overall insurance program structure Cost of risk analytics to help you understand insurance 03 costs, benchmark against industry peers, and identify opportunities to optimize risk management e昀昀orts and make informed decisions about your strategy End-to-end supply chain consulting to assist with greater 04 visibility and to help solve the most critical areas of concern Businesses in many industries are experiencing challenges in purchasing insurance. One solution is using alternative risk transfer (ART), a proven way to address hardening in the insurance marketplace when capacity shrinks and rates rise sharply. ART tools such as captives, structured program design, and parametric insurance can provide long-term relief with access to needed coverage. Business Insurance Trends 44