Financial Risking

RISK FINANCE

Whatever your organisation, volatile cash flow exposure (courtesy of severe claims and ever-increasing conventional market premiums) makes for uncomfortable discussions among Financial Managers, come budgeting time.

Some of the insurance challenges facing major industries include:

The significantly increased cost of conventional insurance offered by the traditional market.
Inflexible insurance product offerings & ‘uninsurable risks.
A vastly increased range of exclusions in policy wordings.

HOW DOES IT WORK?

We listen. By listening to you – the client and asking questions – we ensure that we have a thorough understanding of your industry and the business risks that you are faced with daily.

By taking our understanding of your business and your financial constraints we have the full picture we need – when combined with our area of expertise (insurance products and risk) – to present various recommendations to you, in a simple, straightforward way. We advise, our comprehensive and tailor-made risk finance and risk management solutions include:

Annually renewable contingency policies
Multi-year / Spread loss policies
Cell captives & ‘Mutuals

WHO IS THE POTENTIAL CLIENT?

A typical Risk Finance client requires budgeting certainty, is looking for the ability to finance risk and fits one (or all) of the following criteria:

Has a prudent risk management programme in place, that focuses on loss control.
Is exposed to a traditionally uninsurable or difficult to insure portfolio.
Chooses high deductibles on conventional insurance to ensure a lower pay away premium, placing themselves into a better bargaining position with reinsurers.
Is part of a set, long-term capacity building and risk retention strategy.

WHAT ARE THE OBJECTIVES TO USE THIS SOLUTION

Our team of risk financing experts critically assesses your risk portfolio and the issues that create sleepless nights so that we can form a sustainable long term strategy – in collaboration with you – to ensure your Balance Sheet and Assets are protected from volatility.

While the conventional insurance market has adapted to offer various forms of insurance and financial risk cover, a comprehensive risk management programme often incorporates an element of alternative risk transfer in a formal structure. This is where we come in...

INSIGHTS FROM H.O.D

Risk remains the one thing that is constant in the world. Here at Centriq we provide you with solutions as to how to best manage this risk for the benefit of your organisation. Whether your risks are conventional, uninsured or viewed as too expensive to insure, we will tailor-make a product that will attend to your organisations long term risk retention strategy and protect your Balance Sheet from volatility.

– Alfons van der Vyver, Executive Head: Risk Finance Solutions

Centriq Insurance Company Limited and Centriq Life Insurance Company Limited are authorised financial services providers and licensed insurers conducting non-life and life insurance business.
COPYRIGHT © 2017 CENTRIQ INSURANCE COMPANY LIMITED