Twenty Years Of Protected Cell Company Development

Guernsey Finance Chief Executive Dominic Wheatley reflects on the progeny of protected cell companies within the region, and their evolution towards becoming a popular tool in the funds sector.

Protected cell company (PCC) structures celebrated their 20th anniversary earlier this year. Originally developed in Guernsey, primarily for use in the island's captive insurance sector, they have since gone on to be used as an alternative application for the structuring of many types of products.

Other jurisdictions have renamed them in an attempt to differentiate, but effectively all cell company legislation globally has been based on that which was originally formulated in Guernsey.