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Marsh steps up insurtech engagement

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Marsh is expanding its collaboration with Eos Venture Partners, an insurance-focused venture capital fund, to develop digital solutions for its clients.

The pair embarked on their first project last October, when Eos-linked insurtech Concirrus started work on real-time analytics solutions for Marsh’s marine clients worldwide.

In the partnership announced this month, they will focus on solutions for the sharing economy.

“A confluence of trends, including real-time data streaming and analytics driven by artificial intelligence, is enabling businesses and the insurance industry to move towards real-time risk management,” Marsh President for Global Risk and Digital John Drzik said.

“We see great opportunity to innovate solutions that have large-scale impacts for a wide range of our clients.”