Self-insurance as an alternative to using the insurance of commercial risks

The author considers the self-insurance as one of the possible ways to minimize financial losses organization. Analyzes the advantages and disadvantages of self-insurance as an alternative to commercial risks. Concludes that while self-insurance can be used in practice and in some cases successfully applied organizations as the most simple way to minimize risks in the event of large losses, which can carry the company, the effectiveness of this tool is small.