Today's consistently challenging insurance environment has brought about a coverage crisis for many accounts with annual premiums of between $150,000 and $1million. Employers within this middle-market premium range have not historically been offered an opportunity to benefit from risk transfer alternatives available to larger entities.
Artex continuously develops both heterogeneous programs that accommodate a broad range of industry classes and homogeneous programs that are designed to address the unique risk exposures within specific industry classes.
Artex offers a variety of programs that will provide many of the same benefits as captives to employers preferring a more simplified approach to Alternative Risk Transfer. Consider the advantages and simplicity of "renting" rather than "owning" a captive.
Programs Feature:
"A" rated carriers
Premiums based on individual loss history
Programs are non-assessable
Returns underwriting profit to the insured
Preferred Account Characteristics
Target premium of between $150,000 and $1 million
The desire to move from guaranteed cost to an alternative risk transfer program
A discernible management commitment to loss controland workplace safety
Firms having solid financial performance
The desire to take control of insurance costs
Because Artex's specialty programs feature a risk-sharing element, the foundation of our products is based upon superior underwriting and a true commitment to workplace safety and loss control. Artex programs are ideal for employers interested in achieving long-term cost stability.
