Alternative Risk Transfer
Flexible solutions for complex risks
About Hollard Alternative Risk Transfer Insurance
Alternative Risk Transfer helps businesses manage unique, complex or hard-to-insure risks through Alternative Risk Transfer mechanisms. Rather than viewing these risks in isolation, our solutions provide the flexibility to manage the total cost of risk over time, anchored by a long-term risk management strategy.
Tailored cover with a connected view
By partnering with us, clients can craft tailored solutions that meet their specific needs, leveraging our service excellence and agility to achieve a sustainable risk finance structure and risk management programme. This collaborative approach ensures that your financial resilience is built on a complete, connected view of your business.
When traditional insurance doesn’t quite fit, it’s time to think differently. Hollard works with brokers and businesses to craft flexible, relationship-driven risk transfer solutions.
About Hollard Alternative Risk Transfer Insurance
Alternative Risk Transfer helps businesses manage unique, complex or hard-to-insure risks through Alternative Risk Transfer mechanisms. Rather than viewing these risks in isolation, our solutions provide the flexibility to manage the total cost of risk over time, anchored by a long-term risk management strategy.
Tailored cover with a connected view
By partnering with us, clients can craft tailored solutions that meet their specific needs, leveraging our service excellence and agility to achieve a sustainable risk finance structure and risk management programme. This collaborative approach ensures that your financial resilience is built on a complete, connected view of your business.
When traditional insurance doesn’t quite fit, it’s time to think differently. Hollard works with brokers and businesses to craft flexible, relationship-driven risk transfer solutions.
Need to get in touch with us?
Call Daphne Peter on 011 351 1446 / 083 252 2033
or email daphnep@hollard.co.za
Insuring risk efficiently
Imagine an insurance programme that protects your corporate client’s assets and sustainably rewards the client through cost efficiency and a smooth risk spend pattern.
What is Alternative Risk Transfer (ART)?
Alternative Risk Transfer (ART) isn’t like conventional insurance, where a client pays a premium with the possibility of losing out if they do not claim. It’s about managing their risk, building up their defence against it and giving them the financial edge to not just thrive, but lead the sector in which they operate.
How ART works
Traditional insurance pools premiums from many clients to pay the losses of a few. Any remaining surplus becomes the insurer’s underwriting profit.
Unlike conventional insurance, ART enables clients to retain a portion of predictable risk while protecting against larger, less predictable losses, resulting in lower premiums over time.
Premiums are determined based on the client’s individual risk profile and business circumstances. When claims experience is favourable, the client shares in the underwriting profit.
What Hollard Alternative Risk Transfer (HART) can offer you and your clients
We provide two primary insurance solutions aimed at larger corporate clients:
- Contingency policy
- Cell captive insurance
Both offer the opportunity to sustainably manage risk and, respectively, generate cost savings over time.
What is a contingency policy?
Contingency policies provide cover up to specified limits with the potential for a premium rebate when claims experience is favourable.
These solutions:
- Cover multiple risks
- Can be blended with other covers
- Improve cost efficiency
- Provide broader risk management options
What is cell captive insurance?
A cell captive gives clients access to an insurance licence without owning one. By partnering with Hollard, clients can transact insurance business for their own benefit or for third parties.
There are two types of cell captives
-
First-party cells:
Enable clients to insure risks that are difficult, uneconomical or not normally insured.
-
Third-party cells:
Provide the cell owner with the ability to distribute insurance products to their client base, creating additional revenue streams.
The HART approach
Four key areas of analysis form the foundation of every HART risk-financing strategy:
- Organisational analysis: Understanding business strategy to design a risk-financing programme aligned with business objectives.
- Risk exposure analysis: Assessing existing risk exposures and identifying opportunities for alternative protection.
- Financial analysis: Reviewing financial capacity to absorb losses and support an appropriate risk-financing strategy.
- Statistical (claims) analysis: Analysing historical claims data to identify predictable loss patterns and improve long-term risk measurement.
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Why choose Hollard?
More than 6 million people trust us to protect what matters
We're S.A's largest private insurance group
We empower entrepreneurs through our many CSI initiatives
Find us in 18 countries across 4 continents
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