The result is a three-part solution which enables the client to determine how much to spend on:
- preventative measures
- predictable risk
- catastrophic risk
The cell concept
The cell concept enables clients to insure their risk exposures through an equity participation in Guardrisk known as a "cell".
Cell captives provide underwriting, reinsurance, claims management, investment and accounting functions to clients (cell owners) who effectively enjoy all the benefits of owning their own insurance company without the inherent cost and administrative implications.
This keeps costs down and gives clients access to a broad base of insurance skills and benefits traditionally enjoyed by short-term insurers.