Alternative Risk Transfer
Redefine Risk with Alternative Transfer
Traditional insurance isn’t always the answer. Knightcorp builds custom alternative risk transfer strategies—captives, risk pools, and parametric solutions—to help businesses reduce costs, secure their finances, and out-manoeuvre uncertainty.

Expertise That Works
Smarter Risk Transfer
Sometimes it pays to take the path less travelled. At Knightcorp, we don’t just follow the crowd; we lead with innovative alternative risk transfer solutions.
- Parametric Insurance Solutions: We implement parametric insurance policies that trigger payouts based on predefined events, ensuring you receive swift financial support when you need it.
- Captive Insurance Design: We craft tailored captive insurance programs to provide customised coverage and financial control.
- Risk Retention Group Formation: We work to build viable risk retention groups that offer member-owned solutions for liability exposures.
Step By Step – Alternative Risk Transfer
Frequently Asked Questions
Demystifying insurance
What is alternative risk transfer?
Alternative risk transfer involves innovative methods beyond traditional insurance to manage and finance risk, such as captives, risk retention groups, and parametric insurance.
Can you explain parametric insurance?
Yes. Parametric insurance provides payouts based on predefined parameters or triggers, such as specific weather events, ensuring rapid financial support when those conditions are met.
What are risk retention groups?
Risk retention groups are member-owned entities that provide insurance to businesses with similar risks, offering tailored coverage and shared control over risk management.
What’s the advantage of captive insurance?
A captive insurance company allows your business to self-insure, providing customised coverage, potential cost savings, and greater control over risk management.
Leadership
Meet Damian
Damian Morrison brings 38 years of insurance expertise to Alternative Risk Transfer, helping businesses explore innovative solutions beyond traditional coverage. In his role as Business Manager at Knightcorp, Damian works closely with clients to design customised strategies that address unique risks, enhance flexibility, and optimise costs, ensuring a proactive approach to managing complex exposures.
