Your problem. Our solution.
Risk is part of doing business – but how you manage it is up to you.
We help organisations understand their options, design smarter models, and build structures that actually work.
Whether you’re navigating insurance issues, rethinking how you cover risk, or looking for a partner to help shape something from the ground up, we’ve done it before and we can do it with you.
Explore how we help
Traditional Insurance
When your current insurance isn’t cutting it.
From poor claim handling to rising premiums and shrinking cover, traditional insurance can feel one-sided.
We help you take control, reviewing current arrangements, advising on better alternatives, or building improved insurer relationships on your behalf.
This could mean:
- Restructuring your current programme
- Exploring new placement strategies
- Strengthening the client-broker dynamic
- Getting support for renewals, claims, or procurement
We act as a strategic insurance partner, someone who understands the details, speaks the language, and works for your best interest.
Schemes
We create and deliver sector-specific insurance schemes that provide effective risk coverage, predictable pricing, and optional branding, perfectly positioned to evolve into full mutuals.
Alternatives to Insurance
Insurance isn’t always the answer. Let’s explore what is.
We specialise in designing and delivering alternatives to traditional insurance, from bespoke schemes to fully operational mutuals.
This work often includes:
- Advising working groups and associations
- Building out feasibility studies and viability models
- Designing scheme rules, governance, and operational plans
- Supporting launch, onboarding, and marketing
Our background in mutuals, captives, and discretionary structures means we’re equipped to help from idea to execution.
Risk Mitigation & Advisory
Less risk. Smarter strategy. More resilience.
You might not need insurance. You might need insight.
We offer risk and insurance advisory support that’s independent, honest, and focused on action, not paperwork.
This could include:
- Risk identification and mitigation strategies
- Independent programme reviews
- Technical input for specialist or emerging risks
- Advice on transitions, regulatory change, or market shifts
We work closely with leadership teams, working groups, legal teams, and insurers to make sure you’re getting the best possible advice and results.
Who We Work With:
Organisations navigating and managing complex risk challenges.
We work with ambitious, forward-looking clients operating in challenging and dynamic sectors like:
- Clean energy and renewables
- Physical infrastructure
- Hospitality, entertainment and leisure
- Government and Community Organisations
Projects we’ve recently delivered include:
Architects Insurance Scheme
A PI scheme for mid-sized architecture practices
diamond transmission partners
Protecting local community pubs through mutual ownership
Vintners’ Federation of Ireland Insurance Scheme
Protecting local community pubs through mutual ownership
Ocean Energy Accelerator
A Captive which will support tidal energy generators
Why Work With Us:
Prospect Risk Solutions combines unmatched expertise in mutual design and operation, risk transfer and strategic risk management to deliver bespoke, sustainable solutions, helping organisations control costs, enhance resilience and access alternatives to traditional insurance with confidence and clarity.
Delivered by a hands-on team who shape the full lifecycle of our solution, from feasibility to launch to long-term management.
We don’t just design your technical solution, we help bring it to life with comprehensive marketing support, including website development, brochures, messaging, and engagement strategy.