Risk Retention for the Win

By A. Ren Agarwal and Brian Johnson for Rough Notes

Is the concept of a risk retention group (RRG) scarier than the concept of blockchain or bitcoin? It shouldn’t be, because it’s a proven option for many insureds, especially nonprofits.

Done right, risk retention can be a salvation for those industries and organizations that are saddled with hard-to-place risks.

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The status quo can be difficult to change. Risk Retention Groups are scary only because of lack of understanding. [They] are competitors to the traditional market and should not be overlooked.

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