Alternative Risk Underwriting (ARU), are industry experts that help mid-sized companies finance their business insurance risk through uniquely structured "member-owned" group captive reinsurance companies. Our clients have greater control, stability, and lower cost than what is available under traditional business insurance solutions. Does your business maintain good safety practices, management and a solid financial condition?.
Captive insurance isn't for every business, but if the answer to all these questions is "Yes!", you may qualify to participate in a member-owned, group captive reinsurance company. A captive insurance program through Alternative Risk Underwriting (ARU) can save you thousands of dollars each year, all written in partnership with A.M. Best A or A+ rated insurance carriers.
Large corporations have been using captive insurance for years to reduce and stabilize their insurance costs, provide much greater control, and in some cases, act as an additional profit center for the company.
Captive insurance isn't for every business, but if the answer to all these questions is "Yes!", you may qualify to participate in a member-owned, group captive reinsurance company. A captive insurance program through Alternative Risk Underwriting (ARU) can save you thousands of dollars each year, all written in partnership with A.M. Best A or A+ rated insurance carriers.
Large corporations have been using captive insurance for years to reduce and stabilize their insurance costs, provide much greater control, and in some cases, act as an additional profit center for the company.
Services
Alternative Risk Underwriting (ARU) is a privately held, independent company that provides member owned group captive and alternative risk solutions for mid-sized businesses across North America.
Commercial property and casualty insurance coverage are the typical coverages written.
Our team of professionals are industry specialists who average over 15 years of experience with technical expertise in the following areas: captive insurance solutions, casualty underwriting, property underwriting, reinsurance, actuarial science, information technology, alternative and capital markets, claims and loss control management, commercial insurance and risk management sales and marketing.
Commercial property and casualty insurance coverage are the typical coverages written.
Our team of professionals are industry specialists who average over 15 years of experience with technical expertise in the following areas: captive insurance solutions, casualty underwriting, property underwriting, reinsurance, actuarial science, information technology, alternative and capital markets, claims and loss control management, commercial insurance and risk management sales and marketing.
Alternative Risk Underwriting (ARU), provides the following products and services to brokers, agents, and middle-market businesses:.
ARU Group Captives will consider a variety of businesses in the agriculture, manufacturing, service, distribution, wholesale, and construction industries.
In Canada, ARU captives provide commercial trucking coverages.
ARU Group Captives will consider a variety of businesses in the agriculture, manufacturing, service, distribution, wholesale, and construction industries.
In Canada, ARU captives provide commercial trucking coverages.
ARU writes primary casualty and property programs through member-owned group captive insurance companies.
The programs are all written in partnership with A.M. Best A or A+ rated insurance companies.
It is in the following industries: food-related/agribusiness, manufacturing, commercial construction, service industry, distribution, or Canadian-domiciled trucking.
To evaluate whether or not a company is eligible, we require the following Premium, Loss & Exposure worksheet to be completed.
The worksheet asks for the current and five prior years of data and should be completed using currently valued loss data from the insurance carrier.
The programs are all written in partnership with A.M. Best A or A+ rated insurance companies.
It is in the following industries: food-related/agribusiness, manufacturing, commercial construction, service industry, distribution, or Canadian-domiciled trucking.
To evaluate whether or not a company is eligible, we require the following Premium, Loss & Exposure worksheet to be completed.
The worksheet asks for the current and five prior years of data and should be completed using currently valued loss data from the insurance carrier.
Captive insurance companies are usually closely held reinsurance companies that have been successfully used by large corporations for many years.
Captives have been used by these corporations to reduce and stabilize their insurance costs, provide much greater control, and in some cases, act as an additional profit center for the company.
There is little argument in the industry that captives can provide great benefits for their owners when managed and deployed correctly.
There has been explosive growth in the captive industry over the past 25 years that has transcended the "hard" and "soft" insurance market cycles.
Captives have been used by these corporations to reduce and stabilize their insurance costs, provide much greater control, and in some cases, act as an additional profit center for the company.
There is little argument in the industry that captives can provide great benefits for their owners when managed and deployed correctly.
There has been explosive growth in the captive industry over the past 25 years that has transcended the "hard" and "soft" insurance market cycles.
ARU was approached by a group of agricultural companies during the height of the Worker's Compensation crisis in California in 2002-2004.
From July to October we collected and analyzed the clients' loss data, determined the pricing, designed the captive, approached a fronting company, and interviewed the claims TPA and other service providers.
By mid-December, we completed work on the captive and licensed it as a multiline insurer, providing workers compensation, general liability, and commercial auto insurance.
From July to October we collected and analyzed the clients' loss data, determined the pricing, designed the captive, approached a fronting company, and interviewed the claims TPA and other service providers.
By mid-December, we completed work on the captive and licensed it as a multiline insurer, providing workers compensation, general liability, and commercial auto insurance.
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