Overview: A niche insurance company owned and controlled by the sponsoring capital provider. The insureds take a shareholding through a particular class of shares which form the cell. This capital provides the risk exposure and solvency margin for business transacted.
Cover: A niche insurance company owned and controlled by the sponsoring capital provider. The insureds take a shareholding through a particular class of shares which form the cell. This capital provides the risk exposure and solvency margin for business transacted.
Who is it for?: Large UK domiciled and/or multinational companies.