Alternative Risk Transfer

Alternative Risk Transfer (ART)
ART grew out of a series of insurance capacity crises between the 1970s and 1990s that drove purchasers of traditional coverage to seek more robust ways to buy protection.  ART allows individual contractors to select cover that best suits their risk profile, giving them freedom to finance that risk utilising non-conventional and flexible insurance-style structures.

What are the benefits?
A contingency policy is issued with each guarantee issue which affords clients the following:

  • Earns interest at current rates,
  • Allows the client to accrue for unforeseen risks,
  • The policy is considered an insurance expense and is therefore deductible for company tax purposes
  • The premium is inclusive of VAT