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 · Virtual
Upcoming sessions
Pick a session to applyADMISSIONS OPENThe 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
Who attends
- Risk managers and finance directors of organisations carrying retained risk
- Insurance and reinsurance underwriters and brokers
- Captive managers and their advisers
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.
Who teaches this
Practitioners, not presenters.
Led by practitioners who hold, or have held, the seats this programme prepares you for: group treasurers and heads of asset–liability management, chief risk officers, heads of credit and capital management, and former central-bank supervisors who examined the very frameworks they now teach. Between cohorts the same people advise banks on those frameworks, so what you learn is what is being defended in front of boards and regulators today.
What the bench brings
- Solvency frameworks, internal models and ORSA
- Enterprise risk across actuarial, credit and market risk
- IFRS 17 and recovery and resolution planning
- Bancassurance and multi-channel distribution
- Risk and control self-assessment
- Board engagement and risk reporting
Where they have practised
Current and former practitioners — people who hold the seat today alongside those who have held it.
Sectors: Banking & financial services · Insurance
Regions: Africa · the Middle East · Europe · Asia · the Americas
How they teach
- Live case studies from real institutions
- Worked exercises on realistic bank data
- Regulator-style challenge sessions
- Group problem-solving on realistic institutional cases
- Knowledge checks and a personal action plan
Cohorts are kept small so every exercise is worked on the participants’ own situations — in person or live virtual.
The faculty profile for your cohort is sent with the full agenda and the next dates when you enquire.Request brochure →
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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
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Take the brochure with you.
One request — the full agenda, the faculty and the next cohort dates, sent personally by the admissions team.