For complex risks not effectively managed with traditional insurance products.
- Alternative Risk Highlight Sheet [pdf]For accounts with annual revenue exceeding $700 million
- National Accounts Highlight Sheet [pdf]
- Specialized coverage enhancements for Retail, Government Contractors, Hospitality & Gaming and
Financial Institutions industry segments.
National Accounts Specialized Industry Programs [pdf]For accounts with annual revenue up to $700 million
- Commercial Risk Highlight Sheet [pdf]For qualified self-insured clients
- Excess Workers' Compensation [pdf]
Products
- Hard to Place Risks for Construction, Medical Malpractice and Nursing Homes
- Difficult Complex or Unusual Risks
- Alternative Collateral
- Unusual Risks Related to Mortality and Longevity
- Loss Portfolio Transfer Buyout program
- Surety Bonds
- Structured Insurance
- Private Education Loan Debt Cancellation/Suspension Insurance Coverage
- Programs for Evolving Risks
- Carbon Credit Delivery Insurance
- Insurance Management Services
Contact Us
Loss Portfolio Transfers
The Loss Portfolio Transfer/Buyout (LPT/Buyout) program provides creative risk management solutions for large commercial clients seeking to transfer accrued liabilities resulting from past or ongoing operations. Under this innovative approach, we will assume a client’s liabilities that may have developed over time, thereby eliminating the uncertainty of adverse loss development and enhancing the prospects for merger, acquisition or divestiture. This may be combined with a spectrum of products and services in order to create a comprehensive program to meet practically all risk management needs.
Show Tab View | Show List View
Features and Benefits
Back To Top
-
Features
An LPT/Buyout program may be ideally suited for:
– Clients who maintain significant retentions or possess large, multi-year capitalized liabilities
– Self-insured clients seeking capital relief from state-mandated collateral requirements
– Clients seeking full replacement of a previous insurer for all retrospective obligations covered by
existing policies; i.e. novations
– Insurance captives being run-off or terminated
– Bankruptcies
– Minimum $1 million case/loss reserve
– Target workers’ compensation portfolios; general and automobile liability considered in
conjunction with workers’ compensation
...............................................................................................................................................................................
Our targeted liability portfolios are Workers' Compensation, General Liability, Automobile Liability and small insurance companies
-
Benefits
– Mitigation of accrued liabilities, including the reduction or elimination of previously established
Case and IBNR Loss Reserves
– Enables conversion of unknown future liabilities to present day fixed price
– Release of security supporting existing insurance arrangements
– Increased debt capacity
Marketing Materials
Back To Top