Self-insurance and large deductible programs are part of the alternative risk market—or, in other words, they are program structures that fund their risks outside of the traditional insurance market. Whether a program is a full self-insurance or has a large deductible, AJA can provide multiple services to assist in the risk management of the program.
Typical Services Provided
- Annual loss projections
- Loss reserve analysis and certification
- Premium and loss allocation systems
- Actuarial analysis of M&A
- Cash flow analyses and asset/liability matching
- Analysis of reinsurance and finite risk covers
- Comparative analysis of risk financing alternatives
- Self-insurance feasibility studies
- Regulatory support
- Confidence level analysis
- Retention analysis