Marsh launches 12th global energy hub in Mumbai

In order to serve the increasing risk and insurance needs of the growing oil and gas sector in the region, Marsh today announced the launch of its 12th global energy hub in Mumbai, India. Marsh's energy hubs act as local centres of expertise, ensuring that clients are able to access, more seamlessly, Marsh's extensive global energy sector capabilities.

As well as offering local oil and gas companies a greater understanding of global best practices in risk management, the hub will also enable Indian energy firms to access the capital available in the global insurance market more efficiently.

Andrew George, Chairman of Marsh's Global Energy Practice, said: "Around the world, the oil and gas sector is increasingly demanding access to seamless risk expertise and solutions. Indian oil and gas companies, in particular, face many challenges meeting rapidly rising demand that is fuelled by both strong economic growth and a rising population. The launch of this hub shows Marsh's determination to ensure that we support our clients to meet these challenges successfully."

Sanjay Kedia, Country Head and CEO of Marsh India, added: "A successful energy sector is one of the most important foundations for the continued growth of the Indian economy. In order to meet the expectations of their clients, oil and gas companies need to ensure that they employ world-class risk management techniques and solutions. With the launch of an hub for energy expertise in Mumbai, we are bringing the world's best to India and the region."

This week, Marsh is hosting a conference in Delhi for over 150 delegates representing companies involved with all aspects of the oil, gas and insurance sectors in India. With a range of speakers from around the world, attendees will discuss some of the most pressing risk issues facing the industry in India and the region.

Source : Equity Bulls

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