Alternative Risk Solutions
Alternative risk insurance offers financial coverage through customized methods outside of traditional insurance. These solutions include contracts, structures, or programs designed to meet specific needs, providing businesses and individuals with flexible and innovative options.
Features of Alternative Risk Insurance
Tailored Solutions for Unique Needs
Customized Coverage
Designed to address the specific risks of the insured.
Non-Traditional Options
Provides coverage not typically available in the traditional marketplace.
Risk Retention
Allows the insured to retain some level of risk for cost-saving benefits.
Explore Alternative Risk Solutions Today
Alternative risk insurance provides tailored options for managing unique risks while reducing costs. Our experts are ready to help you explore the right solution for your needs.
Benefits of Alternative Risk Insurance
Flexible Coverage and Cost Savings
Alternative risk solutions offer a range of features to help businesses manage risk effectively:
- Multi-Year Coverage: Provides financial coverage for multiple years, reducing the need for frequent renewals.
- Cost Reduction: Options like self-insurance can lower costs and streamline the claims process.
- Innovative Risk Management: Includes creative solutions to cover risks that traditional insurance may not address.
Examples of Alternative Risk Insurance
Innovative Approaches to Risk Management
- Self-Insurance: Allows a company to self-insure under government regulations, reducing costs and speeding up claims.
- Captive Insurance Company: A specialized entity operating outside the traditional commercial insurance market to provide customized coverage.
- Insurance-Linked Securities (ILS): Derivative securities enabling insurance companies to transfer risk to the capital markets.
Meet Robert J. Kelly, CAWC
Your Expert in Commercial Insurance
Robert J. Kelly, CAWC Leads the Arroyo-South Bay Commercial Insurance Brokerage (Workers Comp, Commercial Property, General/Product Liability, Commercial Auto, Cyber Risk, EPLI/D&O, Pollution Liability, Professional Liability and more and serves a variety of industries such as real estate, hospitality and restaurants, construction, technology, manufacturing, entertainment, trucking, breweries and wineries, and environmental to name a few.
Client Services
Customized Insurance for Every Need
From business and personal insurance to employee benefits and private client services, Arroyo South Bay provides precision solutions to protect what matters most.
