Your source for the latest processes and resources to support you in delivering best in class captive and alternative risk solutions to service to NFP’s clients and prospects.
Let’s Get Started!
The next step is qualifying a captive or alternative risk candidate for establishing the prequalification of a potential RISC and alternative risk candidate.
Client and prospects fall in to two buckets; they are either in an existing captive (Group or Single Parent or similar), or they are looking at the possibility of entering in to an alternative risk program. From a consulting standpoint, we approach these differently and gather different information. To start the review process and get RISC engaged, please click one of the below links:
NFP's Risk & Insurance Strategy Collective (RISC) is NFP's alternative risk practice specializing in captive consulting and management. Our Team consists of industry veterans who have consulted on, formed, and managed a variety of captive and alternative risk structures for all industries.
NFP offers specialized, market-leading solutions for business risks that the traditional insurance market is unable to address effectively or efficiently. The complexities of captives and other alternative risk transfer (ART) solutions make it essential to introduce an NFP specialist to the client/prospect (and not feel you are on your own).
Our team will structure, implement, operate and service their captive in the most cost-effective way possible. In the preliminary stages of captive engagement, our insurance and risk management experts work together with actuaries and financial stakeholders to compile and analyze all relevant data. We examine such factors as premium rates, reserve adequacy, capitalization requirements, participation requirements and source of funding for the proposed captive insurer. We offer services that span the entirety of the captive process:
Role of a Broker