UK

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Cell Captive

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.