Welcome to Marx Re
Risk is our business. When we speak of “risk” what we are really referring to is any event or action that may have an adverse effect on your business operations, human capital, supply chain, immediate environment and ultimately, the bottom line.
Businesses today are exposed to many more risks than in the past whether that be a consequence of globalization, dynamic changes in technology, the fast-paced and ever-changing political or regulatory environments, social responsibility and accountability or increased environmentalism. Whatever the source of risk in any given industry, the basic outcome is that more and more of our clients are demanded to be increasingly accountable for the risk they take. That means being more prepared when risk does strike its heavy hand on the business itself or its immediate environment.
We trade and advise on risk. Our emphasis is on risk appetite, risk mitigation, risk pricing, risk transfer and risk diversification. Companies seeking such service, are our clients.
Our business is global. When you think of diversifying your risks, go re-insurance.
We are specialized in the complex and high risk, high cost and complex category, predominantly in the power-energy and industrial assets sector, which play a pivotal role in the global economy. Risk in this category is dynamic, constantly changing and evolving and such risks include global environmental consciousness, fluctuations in price, regulatory environments and international lobbying group pressures. These new trends have created a need for new business models and a demand for new technologies which in turn introduce risks to the industry that are unparalleled in size and magnitude.
At Marx Re we offer re-insurance solutions across industries and territories. Today’s broad range of exposures requires flexible solutions and global thinking. We specialize in broking and transacting tailored solutions for our clients, whether single risks or multibillion portfolios of assets. We have experience in handling transactions with a portfolio of assets that ranges from €100,000,000 to €100,000,000,000. We have placed, in the particular segment of power-utility, several 100.000 MW of installed capacity.
We can advise on the nature of the risk and the benefits of diversification. When it comes to risk transfer of any particular risk, we aim to reach the ultimate risk taker to guarantee a cost-efficient transaction.
Whether it is machinery breakdown insurance for gas turbines – e.g. manufactured by Siemens, Alstom or General Electric, being prototype or not- or protect the entire portfolio of assets, analyze or minimize your business interruption exposure, including contingencies to suppliers and customers, identifying bottlenecks in production or cover your pay or take agreements, the construction of a photovoltaic plant or a combined cycle power plant, transfer the risk of “lack of wind” for wind-parks, or cover against natural catastrophes such as earthquakes, flood or simply terrorism insurance in exposed geographies. Liability exposure also exist in every part of a business and, in a culture of increasing compensation litigation, you may need a comprehensive cover in place. We work with world leaders in specialized fields and offer a distinct and credible understanding of the risks and apparent trends.