Learn about the alternative solutions for covering your risks

The simplest alternative to insurance is to self-finance the risk, but this is often a risky decision. Another option is to optimise the amounts of your contractual deductibles. Our experts provide guidance and support with this approach to help you make the best decision and protect your interests as effectively as possible. They work with you to determine the optimal level of deductible, based on your organisation’s risk sensitivity. Depending on your requirements, they may offer you tailored complementary solutions. In the event of a claim, our teams are at your side each step of the way to manage your excesses and, in the event of damage caused by a third party, to handle any claims submitted to its insurer.

Climate events such as hail, excessively high or low temperatures, flooding, low water levels in rivers, violent storms, etc. can have an impact on your production or your supply chain (in the agri-food business, tourism, industry, etc.). Parametric insurance, because it does not entail damage assessment or complex administrative procedures, is a simple and efficient solution that is often less costly than traditional insurance cover. How does it work? The compensation is paid when a specific index is attained (for a car dealership, this might be the size of the hailstones, for example). Based on the analysis of your risks, Verlingue, which is one of the few insurance companies to implement this solution, will work with you to gauge its pertinence in your case and determine the right threshold for activating the cover.

Some risks incur very expensive premiums or are not transferable on the market. But that doesn’t mean they can’t be covered by insurance! The solution is simply for your company to set up its own reinsurance company, the sole purpose of which is to insure its operations. This solution for self-financing risk coverage, which is mainly recommended for large and intermediate-sized companies, makes it possible to smooth out the cost of the cover or the impact of a claim over time. With the support of specialised partners, Verlingue walks your risk managers through the process of setting up a captive company from A to Z: needs analysis and opportunity study, presentation to the management bodies, creation of the company, management, etc.