"ART models often more cost efficient"

Friday, May 23, 2014 Presseberichte

Dr. Mark Wilhelm in Commercial Risk Europe E-Newsletter of 22nd May 2014 on the advantages of alternative capital for primary buyers

Mr Wilhelm finds it astonishing that risk managers have not started to rethink their risk transfer strategy. "Most risk managers are clinging to traditional industrial insurance," he said.

Mr Wilhelm concedes that alternative risk transfer models for companies are complex and have to be tailor-made. But the effort is usually worth it, he said. Alternative schemes are often more cost efficient and allow for improved risk management, he added.

The schemes also represent a chance for risk managers to boost their standing within their companies. "They can jettison the outdated image of a mere buyer of insurance," said Mr Wilhelm.

The full article can be found here.


Commercial Risk Europe