Marsh launches Broker WorkBench

Marsh announced the launch of Broker WorkBench, an AI-powered platform that streamlines the placement process for the London insurance market.

Developed by Marsh Risk’s UK Specialty team, the platform combines streamlined workflows with intelligent data processing to help brokers match and send placement requests, negotiate terms, and bind contracts for lead markets, digital followers and pre-arranged ‘follow-form’ insurance capacity.

All recommended placements created by Broker WorkBench will continue to be approved by Marsh’s brokers.

“Broker Workbench represents a significant investment in Marsh’s AI and technology capabilities, designed with a clear purpose: delivering better outcomes for our clients as they navigate an increasingly complex risk environment. This new platform will enhance the value of the broker-client relationship by equipping our brokers with data-driven insights and greater efficiency. This gives them more time to deliver tailored insurance solutions that reduce our clients’ total cost of risk, strengthen their resilience, and support them in planning for the future with increased confidence.” – Andrew George, President, Specialty, Marsh Risk.