Insurance is a mechanism for risk transfer and finance. It's part of a person or organization's total risk management program. But what is risk transfer? In this three-part series, Casey Roberts will help us to understand the basics of risk transfer, the role insurance plays in risk transfer, and how entities end up as additional insureds on someone else's policy. 

In this three-part series, we will review these topics.

• What is Risk Transfer?
• How is it normally accomplished?
• How does insurance normally respond?
• What are the differences between additional insureds and Named Insureds
• What can happen when a claim is presented?
• What are some commonly seen additional insured endorsements?