Alternative Markets

Whether it's a captive insurance company, large deductible program, self-insured entity, public entity pool or syndicate, an alternative market entity is a risk retention program outside the traditional commercial property/casualty market. By virtue of the growth in the alternative markets for more than 30 years, the premium volume outside the mainstream markets is now greater than that written by the traditional markets.

Pinnacle understands the needs of those involved in the alternative markets, the most important of which is controlling insurance costs over the long term. Each program has unique risk characteristics that are often the impetus for the program formation in the first place. Differing geographic, industry or line of business mixes of business may dictate customized approaches to reviewing the risk profile for your program.

Pinnacle has expertise in a wide variety of lines of business, regulatory jurisdictions and industry niches. Not only do we have a team of experienced consultants at your service, we also have local knowledge unique to individual market segments, such as:

General liability for contractors
Medical professional liability for physician groups
Workers' compensation for temporary staffing firms
Law enforcement liability for public entity pools
Commercial auto liability for taxi and/or public livery

Alternative Markets Experts

Timothy C. Mosler

Robert J. Walling III

Arthur R. Randolph II

Joseph A. Herbers

Derek W. Freihaut

Aaron N. Hillebrandt

Daniel Linton

Laura A. Maxwell

Gregory W. Fears, Jr.

Erich A. Brandt

Darcie R. Truttmann

Jordan R. Paszek

Ken J. Hawkins

Nicholas Gurgone

Alternative Markets Services

Audit Support
Collateral Negotiations
Cost Allocations
Discounting

Management sometimes wishes to reflect the time value of money in funding projections, accruals for unpaid claims liabilities and other valuations. The two most important parameters for doing so are the assumed interest rate and the underlying claim payment pattern. Assessing reasonable values for these parameters is not trivial as the interest rate may need an adjustment for risk while the claim payment pattern may not be readily available.
Alternative Risk Transfer Program Design

Alternative Markets Industries

Agriculture

Our expertise applies to a wide variety of agricultural areas, supporting the ever evolving agricultural economy.

Contractors

Pinnacle has extensive experience helping contractors navigate their unique and challenging liability exposures.

Health Care/Medical Professional Liability

Pinnacle’s experts understand the rapidly changing health care services environment. We have provided actuarial consulting services in every aspect of medical professional liability insurance at the local, state and national levels.

Manufacturing

Pinnacle understands that manufacturers face numerous liability exposures from workers' compensation to auto, and many more. We help manufacturers manage exposures in the highly variegated manufacturing industry.

Staffing

Our clients are among the leaders of the staffing industry, and we’re experts in analyzing each program’s unique characteristics — from single parent captive liabilities to large self-insured retention liabilities.

Who We Serve in Alternative Markets

Accountants and Auditors

Our expertise in providing audit support includes traditional insurance companies, reinsurers, risk retention groups and a wide variety of captive insurance companies. We are regularly called on to provide audit support for insurance, alternative markets and self-insurance operations.

Captive Managers

Pinnacle has expertise in many lines of coverage, alternative risk transfer structures, regulatory jurisdictions and industry niches. Our team of experienced consultants understand the needs of captive managers, and bring local knowledge unique to individual market segments.

Government Insurers

We have specific expertise in programs that protect the public welfare, such as petroleum storage tank pollution coverage or programs for infants with birth-related injuries.

Insurers

Whether you need to develop an enterprise risk management program, identify best practices for your industry or procure expert insight and analysis for a broad range of projects, our team of experts is focused on doing whatever it takes to exceed your expectations, time and time again.

Law Firms

Our team of experienced consultants offer insight into a reasonable range of likely outcomes, providing valuable intelligence from working with similar situations.

Regulators

Pinnacle provides a variety of services to insurance regulators. Services include financial exams including risk-focused examinations, rate filing reviews and model reviews. Pinnacle has also assisted regulators with captive applications reviews, training, and legislative costing.

Self-Insureds

Our expertise comes from having a team of experienced consultants with deep understanding of the challenges self-insureds face, but also with local knowledge unique to individual market segments.