alternative risk transfer (ART)
Alternative risk transfer (ART) refers to financing risks outside of the commercial insurance regulatory system, which is designed to protect unsophisticated insurance buyers.
alternative risk transfer (ART)
Alternative risk transfer (ART) refers to financing risks outside of the commercial insurance regulatory system, which is designed to protect unsophisticated insurance buyers.
Additional Information
It also refers to transferring risk using nontraditional methods—for example, combining insurance and noninsurance techniques.
