Risk Management is the process of identifying exposures and determining which are acceptable to retain in whole or in part and which should be transferred. Those exposures that would be wise to transfer can be transferred by various funding mechanisms. Buying insurance is the most common method of doing so. Retention and or deductibles serve to retain a portion of a given exposure thereby lowering the cost of transferring the risk associated with a given exposure.

Loss control techniques are also useful in minimizing a given exposure. For example lock out tag out procedures for a machine shop or video surveillance for a retail store.

Market Alternatives, LLC will survey an account to identify all exposures associated with that account’s business practices and present them to management. Market Alternatives, LLC will then aid and engage management to make step by step decisions to minimize potential risks, transfer those risks management feels it does not want to retain and retain in whole or in part those exposures acceptable to management. 

Market Alternatives, LLC strives to strike an acceptable balance between retention of certain exposures and the cost of transferring those exposures through various funding mechanisms, most frequently, insurance.