What AIMS does
AIMS creates and manages traditional and Alternative Risk Transfer [ART] insurance programs for individual companies, trade associations, and groups of companies. AIMS clients are typically small and mid-size, privately-owned businesses that have realized that traditional insurance no longer satisfies their needs and prevents them from really controlling the risk management side of their businesses. They come from the construction, financial services, wholesale distribution, service, real estate development, and other industries.
AIMS clients want to lower their cost of risk by leveraging their own and/or their group’s risk-bearing capacity, and by using all the tools available to manage and control risk. Group programs work by consolidating the purchases of multiple companies so that the group can access and use techniques and tools that otherwise would be available only to much larger companies. Self-insured retentions or deductibles and single-parent or group captives are often, but not always, important components of the programs.
Our objective is to help our clients:
- take full control of their risk management and insurance needs, and;
- minimize their cost of risk in both the short and long term.
Our approach works for property and liability risks, workers' compensation, healthcare, inland marine, professional liability, and many other risk areas.