Marsh launches ReadyCell, an AI-powered risk financing solution

New York, NY (Jan. 8, 2024) – Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, is pleased to announce the launch of ReadyCellSM, a simplified and flexible risk financing solution that enables organizations of all sizes to quickly open their own insurance company and take greater control of their risk management.

In today’s volatile commercial insurance market, many organizations are interested in using self insurance as part of their overall risk management strategy, but the regulatory and approval processes of forming their own insurance company can be lengthy and cost prohibitive.

With ReadyCell, Marsh has built a proprietary platform that harnesses AI-powered know your client technology and received conditional pre-approved regulatory licensing from the District of Columbia Department of Insurance, Securities and Banking, which will streamline the licensing process for individual insurance company formations.

ReadyCell allows organizations to form their own insurance company within minutes, as part of Marsh’s Mangrove Protected Cell Facility in Washington D.C., and immediately begin to insure a single line of coverage or a single layer within a larger insurance program. They can also keep their insurance company on standby to assume risk when needed for up to 18 months.

“With ReadyCell, Marsh is harnessing the power of AI technology to remove the barriers for more organizations to take greater control of their risk management, enabling them to mitigate uncertainties in the commercial insurance market,” said Ellen Charnley, President of Marsh Captive Solutions. “This is part of our overall strategy to drive innovation and lead the digital evolution of the captive insurance sector.”

Denise Perlman, President of National Business Insurance at Marsh McLennan Agency, added: “Although designed for organizations of all sizes, ReadyCell’s simplified process, cost efficiency, and expert support make it an especially attractive tool for small to midsize businesses, many of which are either unaware of the captive concept or believe it to be an alternative for large organizations only. By increasing access to self insurance options, more firms will be able to manage their risk and insurance costs on their own terms.”

  • Learn more about ReadyCell, an insurance solution that expands your possibiities by unleashing the power of risk finance.

About Marsh

Marsh is the world’s leading insurance broker and risk adviser. With more than 45,000 colleagues operating in 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit

About Microsoft

Microsoft (Nasdaq: MSFT) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. For more information, visit


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