International experience. Local market expertise.
For your clients' business goals.
Cell Captives have been one of the most important steps in the evolution of the captive insurance space, and have become an integral component of the self-insurance market in many of the established captive domiciles. In fact, the growth of such vehicles now outpaces that of traditional captives.
Often referred to as a Segregated Account Company (SAC), a Segregated Portfolio Company (SPC) or a Protected Cell Company (PCC) these ‘plug & play’ cellular in/reinsurance solutions (‘Cell Companies’) ensure the benefits associated with captive insurance ownership are also available to organisations of all sizes.
Through the combination of our Artex-sponsored and client-sponsored Cell Companies, Artex is now the world’s largest manager of cell captives. Our experienced global teams provide service support for the lifecycle of the structure – from the initial feasibility study through formation and ongoing management. Moreover, we offer domicile neutrality and complete independence throughout, unencumbered by ties to specific domiciles or territories. Our focus is solely our client’s business objectives.
We currently manage nearly 1000 individual cells for all sizes of business – from small-scale operations to multi-national organizations that encompass a wide range of industry sectors. Our client-driven approach combines international experience with local market expertise, allowing us to deliver a ‘plug and play’ solution that capitalizes on our global access and local insight. The cell solutions we design are based on our customer’s individual risk profile, ensuring that our strategies are aligned with each organization’s requirements. The flexibility of these structures also enables us to be responsive to changing market conditions and organizational dynamics.
Inside a cell company.
Cell Companies can be used in two ways: A parent company can own the whole company, using its separate cells to segregate its risks into different accounts. Or, parties can create individual cells that are independent of the Cell Company owner. This has become a popular risk solution for smaller companies as the capital requirements of individual cells are significantly lower than those for a captive.
A Cell Company can be designed to fund increased deductibles under a company’s commercial insurance policies, such as property, automobile, employer’s liability and product liability, and to write niche insurance products such as cyber liability and supply chain disruption where standard coverage is excessively expensive or unavailable.
Benefits of a cell company.
- Speed of set up with easy access to an extensive network of own & client-sponsored Cell Companies
- Assets & liabilities segregated and protected from other cells
- Lower setup and annual operating costs
- Program design flexibility
- Lower exit costs
