Alternative Risk Financing
Alternative Risk Financing
In recent years, the insurance landscape has shifted dramatically. While some business classes enjoy stable or even decreasing pricing with abundant capacity, others face rate increases and dwindling options. Challenging sectors such as cyber and property insurance have been hit particularly hard. These dynamics have prompted many organizations to re-evaluate their risk financing strategies.
At PLATFORM Insurance Management, we specialize in alternative risk financing solutions tailored to the unique needs of each client. Our boutique brokerage is committed to helping you navigate these complexities with innovative and strategic risk management approaches.
Navigate Complex Insurance Markets
PLATFORM provides customized alternative risk financing strategies to help organizations manage their risk effectively amidst challenging market conditions.
Leverage Our Expertise in Alternative Risk Financing
Our team at PLATFORM combines deep industry knowledge with cutting-edge risk management techniques to offer comprehensive solutions that optimize your Total Cost of Risk.
Risk Financing Analytics
Using proprietary analytics to balance risk retention and transfer.
Captive Insurance Consulting
Providing feasibility studies, strategic reviews, and de-risking solutions for captive insurance.
Legacy Risk Solutions
Streamlining operations, exiting captives, and structuring loss portfolio transfers.
Comprehensive Risk Management Services
Explore our wide range of services designed to enhance your organization’s resilience and optimize your risk financing strategy:
Risk Financing Analytics
Proprietary tools and data-driven insights to balance risk retention and transfer. Effectively matching ‘risk to capital’ allows meaningful improvement in an organization’s total cost of risk (TCOR).
Captive Feasibility
Our feasibility studies analyze the practicality and benefits of a captive insurance company. This study evaluates the potential risks to be insured, the financial implications, regulatory requirements, and the overall business strategy.
Parametric Solutions
Parametric solutions provide payouts based on predefined triggers, such as the magnitude of a natural disaster, rather than actual loss incurred. These solutions offer faster, more transparent claims settlement, as payouts are determined by objective data.
Alternative Risk Transfer Solutions
Strategic advice and innovative solutions for hard to place risks or to improve a client’s Total Cost of Risk (TCOR). Solutions include captives, risk retention groups and other various structured solutions.
Optimize Your Risk & Insurance Program
PLATFORM is dedicated to developing and enhancing your risk financing strategy. Our expertise and innovative approaches ensure your organization navigates today’s insurance market complexities with confidence and resilience. Partner with us for a secure future.