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BIZENIUS.

Captives and Alternative Risk Transfer Masterclass

Captives, finite risk, weather derivatives and securitisation — judging which risk transfer route fits which exposure, and whether regulators will accept it.

The programme

Every business carries exposures that could damage cash flow and balance-sheet strength — and conventional insurance is only one way to deal with them. This masterclass maps the alternatives: captive insurers and who should use them, finite risk, combined trigger covers, tradeable weather derivatives and securitisation through bonds. It asks the hard questions — are these products genuinely insurance, and how do they work in practice? — and works through prospective and retrospective rating alongside the issues of managing and domiciling a captive. The cohort leaves able to judge which risk transfer route fits which exposure.

What you will do

Judge when a captive insurer is the right vehicle, who uses them and why.
Manage and domicile a captive with the practical issues in clear view.
Select among alternative risk transfer options — finite risk, combined trigger covers, weather derivatives and securitisation.
Rate programmes prospectively and retrospectively and know when each applies.
Test whether a product is genuinely insurance — and what follows if it is not.
Deepen technical command of reinsurance and ART across non-traditional structures.

Who attends

  • Risk managers and finance directors of organisations carrying retained risk
  • Insurance and reinsurance underwriters and brokers
  • Captive managers and their advisers

Cohorts bring together board members, executives and the rising leaders behind them — kept deliberately small, so every seat is a peer’s.

Programme agenda

Built for the decisions no textbook prepares you for

I.The ART landscape
  • ART, finite risk and convergence
  • Non-traditional insurance and reinsurance
  • Are these products “insurance”?
II.Captives
  • What a captive insurer is, who might use them and why
  • Managing a captive and choosing where to have it
  • Captives within the wider risk transfer strategy
III.Products and structures
  • Prospective and retrospective rating
  • Combined trigger covers
  • Tradeable weather derivatives and securitisation (bonds)

Frequently asked

Who should attend the captives and ART masterclass?

It is designed for risk managers and finance directors of organisations carrying retained risk, insurance and reinsurance underwriters and brokers, and captive managers and their advisers. Participants leave able to judge which risk transfer route fits which exposure.

Which alternative risk transfer instruments does the course cover?

The masterclass maps captive insurers — who should use them, how to manage and domicile them — alongside finite risk, combined trigger covers, tradeable weather derivatives and securitisation through bonds. It also works through prospective and retrospective rating, and asks whether these products are genuinely insurance and how regulators respond to them.

Can BIZENIUS run this programme in-house?

Yes. An in-house edition can be tailored to your retained exposures and risk transfer strategy, delivered in English or French. Sessions run on a rolling calendar with dates confirmed on request; fees and quotations are provided on enquiry.

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In their words

Knowledge transfer, emphasised throughout

“We worked with BIZENIUS for our Fresh Graduates Programme — they are simply amazing. Knowledge transfer and practical learning were emphasised throughout.”

Kuwait Investment Authority

From the Mandate Record

Mandate № 04 · Africa

Capital frameworks built to run the bank, not to satisfy a filing

Most frameworks are written to satisfy the regulator. We build the kind that run the bank.

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The Capability Arc™

Fix it · Advisory

Advisory & Consultancy

A senior bench across risk, treasury and regulation.

Learning is one point on the Capability Arc. Many institutions pair this programme with the advisory engagement — and automate what the framework demands.

Teams from these institutions train with BIZENIUS

  • Citi
  • Barclays
  • ExxonMobil
  • Total
  • Gazprom
  • Standard Bank
  • QNB
  • Crédit Agricole
  • Nedbank
  • Absa
  • Raiffeisen
  • Halliburton
  • Baker Hughes
  • ConocoPhillips
  • Ooredoo
  • National Bank of Kuwait
  • Kuwait Finance House
  • Bank Muscat
  • Bank Audi
  • SABB
  • Garanti BBVA
  • Ecobank
  • Arab Bank
  • National Bank of Egypt
  • ADIB
  • Access Bank
  • Afreximbank
  • Repsol
  • QNB ALAHLI
  • Stanbic Bank
  • Equity Group Holdings
  • KCB Bank
  • Lombard Odier
  • NOV
  • Weatherford
  • Subsea 7
  • Al Baraka
  • Banque Misr
  • Burgan Bank
  • Bank ABC

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