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ARTICLE · 24 JUNE 2021

Insurance Broking In A Protected Cell World

Whilst certainly not the newest kid on the block, Protected Cell Companies (PCC) have now gained a lot of traction and momentum, with interest and new setups growing exponentially over the last couple of years.

MaltaInsurance

Whilst certainly not the newest kid on the block, Protected Cell Companies (PCC) have now gained a lot of traction and momentum, with interest and new setups growing exponentially over the last couple of years. Malta, in particular, was certainly forward-looking when, back in 2004, it became the first (and till now the only) EU country to introduce a protected cell regime in its legislative framework. Whilst originating from a primarily “captive insurance” background, the Maltese experience is steadily showing that PCC structures are also excellent platforms for third party business. Such structures permit segregation between the shareholding of main structure of the company, known as the “core”, and the different cells within the company.

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