SRS Altitude

Season’s Greetings from all of us at SRS Altitude! As we reflect on an incredible first year marked by significant milestones, we are deeply grateful to our clients, brokers and partners for their trust and support in helping us reach new heights. Happy Holiday Season and a great start into 2025!

Virtual captives are being utilised by many companies as an alternative option to more traditional captive structures. In our latest Long Read, Luke assesses the pros and cons of virtual captives, and in what instances companies may use them. In practice, a virtual captive is as an insurance contract that provides many of the benefits of a pure captive without the need to go through the – sometimes long winded and capital intensive – process of formation. “Essentially, you draft a contract that outlines the terms – such as what percentage of losses or premiums will be allocated to each party, and how the flow of funds will work,” Judah Max Dobrinsky, director of risk finance at XN Captive, tells Captive Intelligence. “The contract specifies how everything will attach, how risks will be shared, and how funds will move between parties, however the risk is typically retained on the fronting carriers balance sheet. “It's a more flexible, less formalised approach to the captive model, but it operates on the same fundamental principles.” This article also features comments from Thomas Keist, Glenn Ford Ellis CMIRM, Grant Maxwell, and Vittorio Pozzo. #captiveintelligence #captiveinsurance https://lnkd.in/gUE5FEkw

The ART of risk transfer... 🎨 Brokers have always had to deploy their creative skills to find effective solutions for complex risks, but participants at our 5th Risk Managers Forum in Abu Dhabi believe Alternative Risk Transfer (ART) solutions could be better deployed by the industry as risks become even more complex and interconnected. The complexity of risk in an era of what Maurizio Castelli refers to as "polycrisis" demands a different risk transfer approach, and calls for the industry to develop more holistic solutions. Participating in our Forum, Loredana Mazzoleni Neglén agreed: "I think the insurance industry needs to work together, upskill and embrace this holistic approach". Discover more insights from our Risk Managers Forum in this excellent Commercial Risk article: https://lnkd.in/enqnMzbY #Brokerslink2024 #RiskManagement #Risk #Insurance #AlternativeRiskTransfer

Breaking Silos: An ART Holistic Approach to Risk   “Alternative Risk Transfer (ART) can blend multiple lines of business into integrated structures, providing a step forward for clients managing complex, interconnected risks” commented Loredana Mazzoleni Neglén from SRS Altitude during the recent Global Brokerslink Conference.   Her vision highlights the need for insurers to move beyond traditional silos and embrace innovative, collaborative ART approaches to better serve clients.   Read more below.   #AlternativeRiskTransfer #RiskManagement #InnovationInInsurance

Experience a tailored approach to alternative risk transfer that aligns with your business's unique needs, delivered with an unmatched level of precision and care. Work with us today! https://hubs.ly/Q02W1NR90 #ART #tailoredsolutions #industryexperts #insurance

We are happy to post the next episode of our series on Alternative Risk Transfer (ART) solutions. We appreciate all of the positive feedback! Looking for more information? Visit our website: https://hubs.ly/Q02Zkj3W0. Check out our previous posts in the series! #AlternativeRiskTransfer #RiskManagement #InsuranceInnovation

Well done to SRS Altitude, winners of Underwriting Solution of the Year! Your dedication to underwriting excellence is making waves in the industry. Thank you for celebrating your success with us! #CaptiveReviewAwards #UnderwritingExcellence #IndustryLeaders

We’re pleased to continue introducing our team members in this series, showcasing the expertise and dedication that drive our company’s success. Meet the people behind our work and stay tuned for more!

Well done to SRS Altitude, winners of Underwriting Solution of the Year! Your dedication to underwriting excellence is making waves in the industry. Thank you for celebrating your success with us! #CaptiveReviewAwards #UnderwritingExcellence #IndustryLeaders

We are honored to announce that SRS Altitude has won the “Underwriting Solution of the Year” award from Captive Review. This award reflects the hard work, innovation, and dedication of our incredible team. A sincere thank you to Captive Review, the judges, our clients and partners for trust and support.