Marsh McLennan has launched an enhancement to its AI-powered supply chain platform, Sentrisk, with a new tool designed to help clients manage the insurance risks associated with global trade.
The Tariff Simulator, integrated into the platform, enables businesses to assess their exposure to changing trade policies and evaluate their supply chain risks, allowing them to adjust their insurance strategies accordingly.
Sentrisk combines advanced technologies, such as supply chain mapping AI and geospatial satellite imaging, to provide a detailed view of a client’s supply chain. This enables businesses to identify and evaluate various risks, including those related to tariffs, and to optimize their insurance coverage.
The Tariff Simulator can model the impact of shifting trade policies across different tiers of the supply chain, types of goods, and supplier relationships, helping clients quantify potential tariff-related risks and adjust their strategies as needed.
“Organizations need a comprehensive understanding of their supply chains—beyond just their direct suppliers—especially with the changes to global trade policies,” explained Martin South, president and CEO of Marsh McLennan. “With Sentrisk and the Tariff Simulator, clients can assess their exposure to tariffs, anticipate cost increases from suppliers, and develop strategies to manage their supply chain risks, including adjusting insurance coverage to address these changes.”
The Tariff Simulator also addresses a critical issue revealed by a recent survey – that many organizations lack visibility into the full scope of their supply chain risks.
According to Marsh McLennan’s April 2025 survey, 74% of senior risk and finance leaders said they have limited visibility into their supply chains. An analysis of more than 120,000 suppliers within the Sentrisk platform found that organizations are often exposed to significant hidden tariff risks upstream.
In addition to tariff risks, the lack of supply chain visibility also exposes businesses to the threat of single-source suppliers. If these suppliers are disrupted, organizations may face costly operational delays.
According to Sentrisk’s analysis, 65% of organizations have at least one critical bottleneck in their supply chain, involving a key supplier or component, which could disrupt operations and result in insurance-related challenges.
The company said the Tariff Simulator aims to provide organizations with a clearer understanding of these risks, enabling them to manage supply chain disruptions and optimize their insurance coverage in response to evolving trade policies.
Marsh McLennan said it will showcase Sentrisk and the Tariff Simulator at RISKWORLD 2025 in Chicago from May 4 to 7.
Marsh McLennan recently reported strong financial results for the first quarter of 2025, driven by organic growth and recent acquisitions.
Adjusted operating income for the quarter rose 8% to $2.2 billion, while consolidated revenue increased by 9% to $7.1 billion.
John Doyle, president and CEO of the company, noted that the company’s “solid start” reflects momentum across its business and the contribution from its recent acquisitions.
