Risk Transfer
Striking a balance between retaining and transferring risk requires detailed ongoing analysis and strategic plan updates
- Cost benefit analysis
- Development of a loss forecast based upon analysis of historical loss patterns
- Severity & Frequency Grids
- Alternative risk transfer: high deductible programs, self-insurance, captive feasibility studies, captivate insurance options, retrospective rating programs
- Contract risk analysis (product and service delivery and acceptance agreements, supplier and sub-contractor agreements, maintenance agreements)
- Surety services (optional credit and cash management strategies)