Alternative Risk Financing
Manry Rawls understands that your time is limited by the demands of running and operating your business. With this in mind, we have developed a wide range of services to assist you in the evaluation and monitoring of a variety of captive insurance programs. The focus is on your P&L to provide you with Risk Financing alternatives that help you to maximize profits and returns on investment.
Manry Rawls has expertise in the selection and evaluation of:
- Group Captives
- Rent-A-Captives
- Risk Retention Groups
- Single-Parent Captives
- Large Deductible Programs
- Retrospectively Rated Programs
- Self Insurance
Manry Rawls can also facilitate:
- Day to day captive management
- Sales and marketing assistance for captive retention and growth
- Captive claim services, based upon special group instructions
- Feasibility and return on investment studies
- Focused loss control services
- Fronting and reinsurance placement
- Risk control workshop development
Companies choose Alternative Risk Financing Options for different reasons. Most of the typical reasons can be classified into one of two broad categories�cost and control. The potential cost savings from retaining and managing these losses instead of "paying" an insurer to do so can be substantial in a properly structured program. In addition to potential cost savings, some techniques offer a company greater control over every aspect of its delivery system, including investigation of injuries, selection of medical providers, setting loss reserves, and the defense and settlement of claims.
Whatever the company's reasons for considering a loss - sensitive approach, the decision to undertake this type of program requires careful consideration of a host of factors, including management's commitment to the program, the financial condition of the firm, the cost and availability of internal and external support systems, the comparative costs of other insurance options, and the particular characteristics of the exposure.
We deliver the solutions that give our clients a true competitive advantage. Manry Rawls Consultants can help guide you through these options and make you feel right at home in your decision.
