In the complex arena of organization strategy, navigating through the myriad of risk management options is fundamental. Beyond the realm of conventional insurance lies a landscape rich with alternative risk funding solutions, designed to revolutionize not just the insurance industry but also the way organizations manage both commercial insurance and employee benefits. This brief guide illuminates the pathways through self-funded insurance, captives, risk retention groups (RRGs), and stop-loss policies, offering simple explanations on how each model could potentially to fortify your organization against uncertainties. (more…)
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