A risk retention or risk purchasing group is another alternative risk mechanism—these entities are owned by their members to insure the risks of the group. Similar to our captive work, AJA can provide support to the members in structure and formation of the captive company. We can also work with the management firm in determining coverages and premium levels or setting appropriate loss reserves.
Typical Services  Provided
- Feasibility studies
- Formation support
- Pro forma financial statements
- Product and premium development
- Loss reserve analysis and certification
- Loss projection analysis
- Comparative analysis of risk financing alternatives
- Analysis of reinsurance and finite risk covers
- Regulatory support
- Confidence level analysis
- Retention analysis