PARTNER RISK has exclusive rights to use the PayBack model: A component of the underwriting profit made by the PARTNER RISK PayBack portfolio of policies will be distributed annually to qualifying clients for the main purpose of investing in agreed risk improvements.

The amounts paid for risk improvements to insured clients are similar to performance bonuses or out-bonuses.

The total PayBack pool is funded annually with a maximum of 5% of PARTNER RISK’s PayBack portfolio gross written premium (GWP).

At an account level there are two parts that make up the PayBack payment to clients. Up to 2.5% of client premium is allocated to the long term PayBack (LPB), and an additional 2.5% of client premium is available in the short term PayBack (SPB).

LPB and SPB amounts are calculated annually and paid annually toward risk management expenditures agreed upon with each client (LPB after 3 years).

In addition, a discretionary PayBack (DPB) amount, after allocations to LPB and SPB, may be paid annually toward risk management expenditures agreed upon with the selected clients as agreed with PARTNER RISK.