Helping Clients Navigate Risk

Company Overview

Global Risk Consultants (GRC) is the leading unbundled property loss control provider worldwide, offering a complete portfolio of services including: Fire Protection Engineering, Boiler & Machinery Engineering, Infrared Thermographic Surveys, Jurisdictional Boiler & Pressure Vessel Inspections, Natural Hazards Analysis, Diversified Services, Loss Control Training, and GRC Connect (database).

For over 50 years, GRC has gone beyond the parameters of traditional property loss control services and continuously strives to provide our clients with solutions to help achieve and maintain a highly protected status. We provide our clients customized and comprehensive reports permitting them to make informed, practical business decisions. With 400 employees worldwide, including risk control engineers and consultants, GRC can respond to your property risk control needs effectively.

On May 11, 2010, GRC was acquired by TÜV SÜD, a testing, inspection, and certification organization based in Munich, Germany. With more than 150 years of combined expertise and an extensive global network, the joint know-how of these two organizations adds to an already diversified portfolio for existing and future customers alike.

Our History

1958 – Global Risk Consultants (GRC) was born of the need to provide fire and boiler and machinery loss prevention engineering services to captive insurance companies. F. M. Reiss founded the captive concept, American Risk Management, in northeast Ohio.

1985 – The Infrared Practice was established to provide Infrared Thermographic services to the GRC portfolio worldwide. This robust level of service included Infrared Thermography, Ultrasonic Examination, and Visual Identification studies with a global standardization of approach using state-of-the-art technology.

1988 – The organization developed into a mid-sized, international company under Mr. Reiss’ direction until the company was sold to Swiss Reinsurance Company.

1992 – Bundled loss prevention services to captives gave way to independent, unbundled loss prevention services on a global basis, earning GRC (then American Risk Consultants) the distinct reputation as the "Pioneer of the Unbundled Loss Control Program."

1993 – ARISE was established as a subsidiary to provide jurisdictional inspection services.

1998 - The name of the loss control consulting segment of the business was officially changed to Global Risk Consultants, descriptive of its expanding global breadth and presence.

2001 – In January, with 200 employees in eight countries, senior management purchased Swiss Re's interest in GRC, enabling further expansion of its consulting services.

2010 – On May 11, GRC was acquired by TÜV SÜD, a testing, inspection, and certification organization based in Munich, Germany. With more than 150 years of combined expertise and an extensive global network, the joint know-how of these two organizations adds to an already diversified portfolio for existing and future customers alike.

2015 – GRC acquired in full Global Risk Miyamoto and adds Natural Hazard Analysis to the list of offered services.

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MEET OUR EXECUTIVES

James J. Marsh

James J. Marsh is CEO of Global Risk Consultants (GRC). He directs all financial, operating, training, and consulting services of Global Risk Consultants’ global network.

Prior to joining Global Risk Consultants, Mr. Marsh was a consulting client executive at a major global insurance brokerage firm, where he was responsible for account management of consulting services, project leadership of consulting engagements, and development of client consulting relationships. He also held the position of client service manager of multinational property insurance accounts and a management consultant for the highly-protected risk market for two global property insurance firms.

During his career, he has managed risk management professionals specializing in operational, environmental and hazard risk consulting engagements, developed a risk assessment model for holistic risk mapping, and served as an adjunct instructor at a corporate training institute.

Mr. Marsh has a BS in Chemical Engineering from Rutgers University and an MS in Business Management from Stevens Institute of Technology.

Chris Heaton

As President of Global Risk Consultants (GRC), Chris Heaton is responsible for all operational aspects of the global network. He has an extensive background in the areas of operations, administration, product development, system requirements design, strategic planning, and budgeting.

Mr. Heaton has considerable training and experience with windstorm, flood, and other natural catastrophe exposures. He has conducted numerous specialized site evaluations for the purpose of defining and quantifying NATCAT exposures, both on an individual and aggregate basis.

Prior to joining Global Risk Consultants, Mr. Heaton worked in the HPR insurance industry as a manager and field consultant. He conducted, managed, and coordinated loss prevention and engineering consulting activities, producing individual location reports, stewardship reports, and account summaries to various clients and end-users.

Mr. Heaton graduated from Texas Tech University with a BS in Civil Engineering and a BA in Architecture.