Alternative Risk Financing

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Self Insurance

While insurance is generally a very effective technique, larger organizations can often seek a much more cost effective manner, sometimes saving hundreds of thousands of dollars, annually.

For certain businesses, traditional property and casualty insurance alone may not be a financially viable option for the management of risk. Mitigation of the cost of financing risk may be accomplished by a combination of insurance and alternative financing options such as self-insurance.  The same can be said for health insurance.

Self-insurance is the retention of loss obligations and payments which is often the least expensive of risk financing options. It lowers cost and usually allows for improved cash flow.

Atlas has a team of risk management experts who can help you create a program that is an optimal blend of risk transfer and risk retention based on your specific situation and needs. Our goal is always to provide you with the most efficient and effective solutions.

Please note, coverage information contained in this website is for illustration purposes only, is general in nature, does not represent insurance contract provisions and is not meant to take the place of an insurance review. Please read your policy for specific details or contact one of our Atlas Agents for more information.