Chartis has introduced Rolling Buyouts, a new flexible loss portfolio transfer solution offered by its alternative risk division to help clients manage their historical retained liabilities and reduce the uncertainty of future adverse loss development.

According to the Chartis, the Rolling Buyouts will provide clients the opportunity to transfer liabilities in tranches, allowing for a myriad of combinations to accommodate specific needs and financial circumstances.

The insurer said that the Rolling Buyouts will facilitate a fluid assumption of liabilities with a streamlined documentation process, whereby the client can monitor loss developments and cash flow to determine the scope and timing of each subsequent tranche.

Chartis executive vice president of Alternative Risk Joseph Davide said that insureds often take on large deductibles or self-insured retentions that become unattractive to manage over time.

"With Rolling Buyouts, our clients have the continued flexibility to transfer their historical retained liabilities incrementally when it makes most sense for their unique circumstances," Davide said.