PCCs and ICCs
The captive has evolved considerably over the last 90 years, greatly enhancing its appeal to different business sectors and types of company. One of its most important evolutionary stages has been the development of the Protected Cell Company (PCC) and the Incorporated Cell Company (ICC).The PCC and the ICC provide a more 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 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 PCCs and ICCs into their overall risk management strategy.
Our team, which is comprised of market-leading practitioners, including highly respected former industry regulators, expertly guide our clients through the process, from the initial feasibility studies through to the day-to-day management of PCCs and ICCs.
We make it a priority to take the time to ask the right questions in order to fully understand our clients’ business and unique risk management needs. This enables us to engineer a suitable action plan, expertly mapped to their exacting requirements, which will take them from inception to full operation quickly and efficiently.
By partnering with Kane, our clients know they are in the best possible hands.