Up2U’s support of self-insurance is outlined in more detail in our various brochures; our offering comprises briefly:
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Regulatory Cover : Certificates, MID, Green Cards etc. |
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Risk Capping mechanism to protect against cataclysmic incidents or above-average rates |
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(Incident) Processing Services |
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Financial accommodation to smooth cash-flow |
Notwithstanding the existence of self-insurance strategies in the market, self-insurance appears not generally to have been regarded as a main-stream risk management solution prior to Up2U’s services. The reasons for this may include:
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Lack of information of market options from insurers |
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Misconceptions of risk |
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Limited commercial offerings |
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Captive insurance operated by conglomerates |
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Regulatory barriers to entry |
Up2U’s services address and overcome all of these objections, aiming to bring the significant benefits of self-insurance to a wider market than that in which they are currently enjoyed. Up2U’s services may assist any entity to become self-insured regardless of size.
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