Business insurance can be difficult to navigate, especially without the expertise and guidance you get with Barrack Broking. Insurance is your business’s protection, security and confidence that your company and assets are secured, even when things go wrong.
Alternative Risk Transfer (ART) is the use of strategies other than traditional insurance and reinsurance to transfer your risk. ART can take many forms. Most commonly it will take the form of a company structure used to retain or pool risk on behalf of a single member or multiple members.
The true value of a strategic insurance program is most apparent in the unfortunate event of a claim. Where claims are handled well, you’ll be satisfied that your insurance policy has responded in the manner you expect - with a satisfactory settlement offer finalised in a timely manner.
