"Building long-term sustainable relationships with clients founded upon partnership and understanding" - Shaun Brook, Practice Leader, Indurance Management
"Building long-term sustainable relationships with clients founded upon partnership and understanding" - Shaun Brook, Practice Leader, Indurance Management
The captive has evolved considerably, enhancing its appeal to different business sectors and companies. One of the most important evolutionary steps has been the development of Cell Companies, such as the Segregated Account Company (SAC), the Segregated Cell Company (SCC), the Protected Cell Company (PCC) and the Incorporated Cell Company (ICC).
SACs, SCCs, PCCs and ICCs provide a straightforward means of accessing the many benefits of a self-insurance strategy. Offering a speedier set-up procedure coupled with lower entry costs compared to traditional captive structures, the establishment of SACs, SCCs, PCCs and ICCs has outpaced that of captives in many jurisdictions in recent years.
At Kane, we believe our clients gain considerable financial and coverage advantages by incorporating SACs, SCCs, PCCs and ICCs into their overall risk management strategy. Our team guides clients from the initial feasibility studies through to the day-to-day management of such structures.