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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.

Format

Classroom · Live Virtual

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

Do the programmes cover reinsurance and underwriting discipline?

Yes — the insurance curriculum includes advanced reinsurance, underwriting portfolio management, captives and alternative risk transfer, business interruption and specialty lines such as project cargo. Participants leave able to structure a reinsurance programme, steer an underwriting portfolio by its numbers, and price the risks their market actually writes.

Is there content on risk management and finance for insurers specifically?

Yes. Dedicated programmes cover market and liquidity risk management for insurers, enterprise risk management, running effective risk workshops, and finance for insurance professionals. The material is written for insurers’ balance sheets, not adapted from banking slides.

Can a programme be run privately inside our company?

Yes. Every BIZENIUS programme is available in-house, tailored to your lines of business, your market and your regulatory context, in English or French. Insurers often use private editions to put underwriting, claims and risk teams through the same casework together.

In which languages and formats do the insurance programmes run?

English and French, in classroom, live virtual and hybrid formats. BIZENIUS delivers from Dubai and Bangalore and on client sites, having served 150+ client organisations across 45+ countries on four continents.

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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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