Multi-year and/or multi-line solutions which help realize the benefits from retaining risk while providing contract certainty and financial stability.
Structured Solutions
Structured innovative insurance programs are tailored solutions, designed to respond to a client’s particular risk management needs. The multi-year and / or multi-line nature of these solutions means the client is able to manage the volatility emanating from partially retained risks efficiently over longer periods.
These programs often include profit sharing elements and can also include risks for which traditional insurance is unavailable and / or emerging risks.
Why Structured Alternative Risk Transfer Solutions
Customized solutions to find the optimum balance between risk retention and risk financing for each client, as part of a holistic risk management strategy
Can be set up as captive reinsurance or direct to protect capital against unwanted volatility
Offers protection beyond traditional covers or traditionally excluded risks within certain structures
Locks in rates over the program term
Can include profit sharing mechanism
ART capacity is complimentary to traditional lines
Multiyear / multiline basis
Traditional Insurance vs. Structured Solutions
Traditional Insurance
- First loss exposed
- Annual renewals, single-line
- Variable premiums over time
- 100% risk transfer
- Client wants low deductibles/retentions
- Market reactivity – short term cycles
Structured Solutions
- At least second loss exposed
- Multi-year, Multi-line
- Premium stability over time
- Mix of risk transfer and risk financing
- Higher retentions, more ‘skin in the game’
- Client partnership – longer term commitment
How are our Structured Solutions via Alternatuive Risk Transfer different?
Multi-line, multi-year programs
A structure uniquely offered by Allianz Commercial. A different, dynamic option, which can be coupled with structured reinsurance. Ability to issue a single policy for multiple lines where legally permitted.
Flexible Claims control options
Flexibility in tailoring claims handling approach on programs, with the option of claims control through an approved Third-Party Claims Administrator with Allianz oversight.
The Largest owned network
Allianz Commercial can issue multi-line, multi-year policies in more than 200 countries and territories – the largest global network, underpinned by multinational network management structures.
Business intelligence solutions
Analytics and reporting components are included to maintain transparency and oversight of the fronting program. Direct access to real time program data is provided through our online client portal.
Best practice examples
Best of both worlds: Establishing a multi-year custom D&O solution
A leading global company in the aviation industry was looking to purchase Side A, B & C coverage in a Director’s and Officer’s (D&O) policy. Leveraging cross-functional collaboration, an ART team developed a multi-year structured D&O insurance policy comprising a unique blend of alternative and conventional Financial Lines risk transfer layering. The solution was based on a minimum five-year term, agreed alongside automatic extensions determined by the achievement of pre-set KPIs.
Key benefits
The client was able to
Meet our Captive Solutions experts
Brian McNamara
Global Head of Captive Solutions, Regional Head of Multinational North America & Latin America
