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With
more than 50% of all insurance now in alternative markets,
alternatives have become the norm. – A.M. Best
Co.
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Benefits of Alternative Risk
While
many companies have turned to self-insurance to manage their
insurance costs, other options can provide far better benefits.
Alternative Risk solutions are an option that allows businesses
to control the ever-changing and unpredictable costs imposed
by traditional insurance providers.
Alternative
Risk Transfer (ART) includes a range of risk financing strategies
and/or customized risk transfer solutions which lie outside
of the realm of traditional insurance. Because the traditional
insurance and reinsurance marketplace continues to be cyclical,
we at Pacific American Risk recognize the need to keep abreast
of the various ART solutions that both the insurance and
capital markets are offering.
Our experienced alternative risk professionals work with
you to identify your risks and financial goals and custom-design
innovative, non-traditional risk financing solutions to
satisfy your specific needs.
We offer alternative solutions to traditional insurance
for a wide spectrum of companies, including:
• Captives, RRG’s, RPG’s and other risk
financing vehicles
• Collateral replacement alternatives
• Contingent capital
• Derivative products
• Dual trigger programs
• Gift card asset recognition
• Loss portfolio transfers
• Multi-year/multi-line integrated risk
• Structured solutions (including finite risk transactions)
• Weather related products
We have solid relationships with top notch ART insurers
and reinsurers and participate in quarterly meetings to
keep abreast of developments.
To learn more about how our alternative risk solutions can
benefit you, please contact
one of our insurance professionals.
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