What the programme should address

Captive insurance

Formal retention with governance, capital and risk control.

Parametric protection

Pre-agreed payment following a measurable trigger.

Structured programmes

Multi-year or multi-line arrangements for volatility.

Risk analytics

Loss modelling to determine the efficient financing layer.

Risk review priorities

• Separate frequent losses from balance-sheet events.
• Model retained volatility and capital requirements.
• Assess trigger quality and basis risk.
• Define captive governance and claims processes.
• Compare total cost of risk across structures.

Scenarios to test

1. A high-frequency loss layer is expensive to transfer.
2. Weather exposure lacks a practical damage assessment.
3. Capacity contracts sharply after an industry event.
4. Several business units need a shared retention structure.

For each scenario, identify the affected policy, trigger, deductible, sublimit, waiting period, recovery time and uninsured amount. Treat any gap as an explicit retained risk rather than an assumption.

How Kompetenz supports the placement

We translate operational and contractual information into a structured insurance submission, compare policy wording across markets and help establish a claims-ready programme with clear responsibilities.

Conclusion

Alternative risk financing is effective when it is built from loss data and capital objectives rather than from product selection alone.

Next step: Request a tailored Business insurance review from Kompetenz.