Alternative Risk Management Solutions

Programs as unique as your business.

construction worker reviewing corvel's alternative risk solutions on tablet
two greenhouse workers covered by corvel's alternative risk solutions tending to plants

Discover how CorVel’s alternative risk solutions can work for you.

When traditional insurance options fall short of meeting your business’s needs, alternative risk solutions can provide greater cost efficiency, flexibility, and control. From lower premiums to consistent adjuster relationships, we work with you to deliver better outcomes.


Tailored Programs

We will take the time to understand your business and customize a program that truly works for your unique needs and goals.

Transparency and Insight

You get full access into all your managed care costs and provide accurate analytics reporting every step of the way. We believe your trust is earned, not given.

Technology-Driven Processes

Your program is supported by industry-leading technology to deliver data and analytics, provide real-time support, and deliver even better results.

Tailorable services for your alternative risk programs.

Group and Single Parent Captives
A form of self-insurance where an insurance company is created and wholly owned by non-insurance companies
Self-Insured Groups
A self-funded group plan that allows an employer to assume the financial risk for providing healthcare benefits to employees.
Insurance Pools
A group of companies whose medical costs are combined to lower premiums and secure better coverage plans.
Risk Retention Groups
A state-chartered insurance company that insures commercial businesses and government entities against liability risks.

Ready to get started?

Our team is ready to answer any questions and help you find the right solutions.