What does Alternative Risk Transfer mean? Read on to discover the definition & meaning of the term Alternative Risk Transfer - to help you better understand the language used in insurance policies.
Alternative Risk Transfer
Financing risks outside of the commercial insurance regulatory system, which is designed to protect unsophisticated insurance buyers. Also refers to transferring risk using nontraditional methods for example, combining insurance and noninsurance techniques.
We hope the you have a better understanding of the meaning of Alternative Risk Transfer.