Alternative Risk Transfer Solutions

Alternative Risk Transfer Solutions

At Alternative Risk Consultants, we have extensive experience offering alternative risk financing options for qualified clients. These options include self-insurance, risk retention groups, large deductibles and captive insurance company options. Each client’s needs vary based on their unique exposures and risk appetite. A feasibility study based on the client’s risk profile, including past loss history and unique coverage needs will help identify the best alternative risk finance solution.

Our experienced alternative risk professionals have access to multiple partners including “A” Rated primary insurance companies, reinsurance companies, third party claim administrators dedicated to the alternative risk industry. Our goal is to design an alternative risk program for multiple solutions that includes the accumulation of surplus for business purposes, create a risk management profit center or transfer wealth/risk to selective entities/individuals. Clients may also enjoy favorable tax consequences as a result of participating in an alternative risk financing program.

Several of the alternative solutions/products available include:
  • Single Parent Captives
  • Rent-a-Captive Facility
  • Group Captives
  • Risk Retention Groups
  • Loss Portfolio Transfers
  • Self Insurance
  • Large Deductible or Excess of Loss
  • Deductible Reimbursement Policy

Our goal is to understand your risk tolerance, business objectives and offer the most appropriate alternative risk solution. Benefits to participating in an alternative risk financing program may include:

  • Consistent and stable insurance costs
  • Increase cash flow (interest on case reserves)
  • Compliment long term business plan
  • Create a risk management profit center
  • Reward key employees
  • Provide a vehicle to place unique insurance coverage
  • Direct access to reinsurance markets
  • Transfer wealth/risk to entities/individuals
  • Potential favorable tax consequences