Program Design

Program design relates specifically to the insurance structure. Our approach to program design is described by the flow chart below. The process starts with exposure identification and ends with risk transfer, using a combination of non-insurance and insurance techniques. We use a proprietary tool to identify coverage gaps.

The decision about whether to retain or transfer loss is described by the matrix below. The definition of severity varies by organization. Risk capacity is largely determined by an organization’s capital reserves and risk tolerance (loss variability).