Usually the traditional tools of risk transfer are not the best for those businesses which have the desire and the ability to retain and manage risk. In these instances Haake Companies works to provide its clients access to what is referred to as the "alternative" market. In the United States more than 50% of commercial property-casualty premiums are part of this environment.

Alternative self-funding treatments for smaller companies include the following risk-sharing mechanisms:

• Group Captives
• Self-Insured Pools
• Risk Retention Groups

Programs for larger companies are specifically tailored to meet the needs of the client and include:

• Qualified self-insurance - Workers' Compensation
• Large deductibles / self-insured retentions
• Retrospectively rated programs based on claim experience

Haake has experience creating and managing programs for individual businesses, groups and associations. Our objective is to find the best combination of solutions from both traditional and non-traditional methods.

Participating in the alternative market comes hand in hand with proactive loss control and claims management practices. While most insurance buyers concentrate on the "hard" costs of premiums, those retaining risk have come to understand that the real savings comes from the management of the risk (claims) being retained under these programs. Haake Companies' Loss Control and Claim Management specialists work with you to maximize this savings under programs designed to protect you from catastrophic or unexpected loss activity.