solution
In a protected cell structure, a sponsor operates a licensed insurer divided into cells. A participant's premium, assets and liabilities sit in its own cell and are separated from other cells and from the sponsor's core — to the extent the domicile's law provides.
A cell-based structure that separates participant assets and liabilities within a sponsored or cell company framework.
15 active providers
How are these providers ranked?Terminology varies by jurisdiction. Statutes use terms such as protected cell, incorporated cell, segregated account or series, and they are not interchangeable; confirm the exact legal form in the domicile you are considering.
| Factor | Unincorporated cell | Incorporated cell | Rent-a-captive | Standalone captive |
|---|---|---|---|---|
| Separate legal entity | No — part of the sponsor | Yes, where the statute provides | No | Yes |
| Basis of separation | Statute and cell agreement | Statute and separate entity | Contract and accounting | Separate company |
| Your control | Within sponsor rules | More, through the cell’s own board | Within sponsor rules | Full |
| Leaving | Cell termination needs approval | Can be more portable; check the law | Contractual exit | Your decision, subject to run-off |
Counsel familiar with the domicile's cell statute should review the cell agreement; ask the sponsor for its own financial statements and how it handles a failing cell.
Advantage Insurance Management provides independent captive feasibility, formation, management, accounting, regulatory, compliance, governance and restructuring services to U.S. and international captive insurance programs.
Artex Risk Solutions is an alternative risk and insurance management business operating under the Arthur J. Gallagher & Co. group. It provides captive feasibility, formation and ongoing management; single-parent, group and cell captive solutions; actuarial and risk advisory services; reinsurance and claims-management support; capital-markets administration; and legacy and run-off solutions.
Captive insurance and alternative risk practice of Brown & Brown providing captive management, consulting, feasibility, financial reporting, actuarial support and risk-financing solutions across multiple captive structures.
Chubb is a global insurance group providing commercial and personal property and casualty insurance, accident and health insurance, life insurance and reinsurance. Its captive capabilities include fronting, reinsurance, captive management, feasibility studies, claims services and structured alternative-risk solutions.
Crowe LLP is a U.S. public accounting and consulting firm providing audit, tax, advisory and consulting services. Its insurance practice serves commercial insurers, captive insurance companies, risk retention groups and other insurance-related organizations.
GPW and Associates, Inc. provides captive and reinsurance management, captive consulting, accounting, tax compliance and regulatory management. Its wholly owned subsidiary, GPW Actuarial Services, Inc., provides actuarial pricing, reserving, benchmarking and product-development services.
Independent captive manager providing captive feasibility, implementation, ongoing management, accounting, regulatory coordination, claims support, and risk management services for U.S.-domiciled captive insurance companies.
Liberty Mutual Insurance is a global property and casualty insurance group providing personal, commercial and specialty insurance, reinsurance, surety, captive management, captive fronting, alternative-risk solutions and third-party claims administration.
Hylant Global Captive Solutions provides captive feasibility, structuring, implementation, management and exit support throughout the captive lifecycle.
Marsh Captive Solutions provides captive consulting, actuarial, formation, management, technology, benchmarking, cell-facility and optimization services across the captive lifecycle.
Zurich U.S. is the U.S. commercial insurance business of Zurich Insurance Group, providing property and casualty insurance, captive fronting and management, group and single-parent captive solutions, reinsurance, claims, risk engineering and multinational programs.
The Baldwin Group’s captive solutions practice develops and manages captive insurance programs and provides feasibility, regulatory, underwriting, claims, governance and renewal support.
Not sure where to start?
Not sure whether Protected Cell / Cell Captive is the right route for your risk-financing need? A short structured questionnaire will map your requirements to the right kinds of provider.