Structured Risk Solutions
From consulting to implementing we Manage your risk
A structured risk management solution is generally the most effective and cost-efficient way to manage risk
General / Commercial policies vs Contingency policies
General / commercial policies are well known, and cover can be obtained for most insurable risks
Contingency policies form part of the alternative risk transfer market. The intention of these policies is to reduce the cost contained in general / commercial insurance premiums over time. It is a sensible alternative for clients with long term commitment to focus on loss control/prevention and a willingness to accept a portion of their own risk.
These policies offer clients a formal risk management solution that usually covers a wider scope in cover categories, where conventional insurance is either unwilling to provide cover or it is too expensive to obtain appropriate cover.