Services
Alternative Risk Transfer (ART) involves innovative, non-traditional strategies for managing risk that go beyond conventional insurance methods. These solutions offer enhanced flexibility, control, and customization to address the unique needs of businesses seeking more effective risk financing alternatives. At Candidus, we provide a range of ART options tailored to help clients optimize their risk management strategies:
Captive & Pure Retention Programs
Captive and Pure Retention Insurance Programs enable companies to self-insure and manage their own risk exposure. These solutions offer increased control, flexibility, and potential cost savings compared to traditional insurance.
Group Retention Programs
Group Retention Insurance Programs allow multiple companies or organizations to pool their risks and share losses, while maintaining control over program structure, underwriting, and claims.
Agency Retention Programs
Agency Retention Programs empower agencies to offer tailored insurance solutions to their clients, retaining more control over underwriting, pricing, and claims management.
Risk Placing Solutions involve customized strategies designed to identify, assess, and secure insurance coverage for a wide range of business or individual risks. These solutions help mitigate potential financial losses by aligning appropriate insurance policies with the client’s risk profile. At Candidus, we offer structured approaches to managing complex exposures, including Large Risk Structures and specialized advisory services tailored to support sound financial risk retention and transfer decisions.
Tailored Coverage
Captive and Pure Retention Insurance Programs are tailored to help companies self-insure and manage their own risks. These programs offer increased control, flexibility, and the potential for long-term cost savings by reducing dependence on traditional insurers.
Balance Sheet Retention Advisory
Our Balance Sheet Retention Advisory services provide expert guidance on structuring risk retention strategies. We help clients assess risk exposure, evaluate financial impact, and design solutions that support capital efficiency and long-term risk financing objectives.
XS, Quota Share & Umbrella Structures
Excess of Loss (XS), Quota Share, and Umbrella Structures are reinsurance arrangements that provide layered coverage beyond traditional insurance limits. These structures offer scalable protection, cost efficiency, and tailored solutions for diverse risk portfolios.
Director and Officers Liability Insurance (D&O)
D&O Insurance protects the personal assets of directors and officers against legal actions arising from alleged wrongful acts in their managerial roles. It covers defense costs, settlements, and judgments, offering peace of mind for leadership teams.
Surety Insurance
Surety Insurance provides a financial guarantee that contractual obligations will be fulfilled. It protects project owners or obligees in the event that a contractor or obligated party fails to meet the terms of a contract.
Payment Bond
Payment Bonds guarantee that subcontractors, laborers, and material suppliers will be paid, even if the contractor fails to meet payment obligations as per the contract.
Performance Bond
Performance Bonds ensure that a contractor completes a project according to the contract terms. They offer protection to project owners against default or non-performance by the contractor.
Commercial Bond
Commercial Bonds are surety bonds that help businesses comply with legal and regulatory requirements, such as license and permit bonds, court bonds, and public official bonds. These bonds promote lawful and ethical operations.
Contractual Bond
Contractual Bonds guarantee that the terms and obligations of a business agreement will be fulfilled by all involved parties. They provide assurance and security in commercial relationships.
We offer comprehensive Risk Management Solutions to help you effectively identify, assess, and mitigate risks. Our goal is to protect your assets and ensure the continuity of your operations.
Risk Management Services
Our Risk Management Services focus on developing or strengthening your organization’s comprehensive risk management framework. Using a structured and logical approach, we support the identification, analysis, evaluation, and treatment of risks across all functions. Our process includes ongoing monitoring and communication, helping you minimize losses and capitalize on opportunities through informed decision-making.
Business Continuity Services
Our Business Continuity Services are designed to ensure the uninterrupted operation of your organization’s critical functions in the face of disruptions. We help build and reinforce a proactive continuity model that includes contingency planning, recovery mechanisms, and resilience strategies. These services protect customer trust, safeguard brand reputation, and ensure rapid restoration of essential processes during unforeseen events.