CELL CAPTIVE SOLUTIONS

A cell captive – a ‘virtual insurance company’ – is owned and controlled jointly by the client(s) and the cell captive insurer. It is a contractual relationship formed by the insurer issuing a separate class of preference shares, coupled with an agreement.

The agreement

The agreement sets out the rights and obligations of the preference shareholder (the cell owner) and the insurer. It also governs the arrangements in respect of the insurance business transacted, counts, and access to information. This structure can be utilised by any corporate to underwrite its own risks, but is usually best suited to a group of companies, or a joint venture.

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ALTERNATIVE DISTRIBUTION

Defined as a third party cell captive arrangement where insurance business is ancillary to the primary business activity of the cell owner.

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UMA

The stand-out benefit of the Cell Captive solution is that it enables you to keep your independence while we not only equip you, but empower you....

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RISK FINANCE

Whatever your organisation, volatile cash flow exposure (courtesy of severe claims and ever-increasing conventional market premiums)....

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LATEST INDUSTRY NEWS

The relevance of Cell Captive in today’s insurance market
3 October 2018

Structure and nature of the cell The cell is owned and controlled jointly by the client and the cell captive […]

STRUGGLING FOR CORPORATE CAPACITY
2 August 2018

In current market conditions, a personalised alternative risk transfer (ART) strategy may just be what your company needs, explains Alfons […]

Peter Jennett, CEO of Centriq Insurance
31 July 2018

Cell captives help to stimulate the economy, says Peter Jennett, Centriq CEO, during his interview with Risk Africa TV at […]

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