We offer a full service of cell management which includes
- Feasibility studies and financial projections.
- Business plan.
- Cell establishment process.
- Arrangements for fronting and reinsurance placements.
- Arrangements for Engineering programs (Loss prevention).
- Ongoing management of the cell in accordance with statutory requirements.
Our services are mainly targeted towards large corporates who may find commercial advantage in setting up a cell in Highdome’s protected cell company.
HighDome PCC Limited is licensed in Malta to passport to other EU member states or EEA states as a direct insurer and all over the world as a reinsurer. At present, these services are approved to be passported into Belgium, France, Portugal, and Spain.
We assist you in protecting your assets
In the contemporary business landscape, efficient risk management has become a crucial component for the sustainability and growth of organizations. In this context, captive cells emerge as a powerful tool, offering customized and flexible solutions to the specific insurance needs of each company.
1. Customization and Control: Through a captive cell, a company gains the ability to tailor its insurance coverages, adapting them precisely to its unique needs. This means that the company is no longer restricted to standardized products from the traditional insurance market, enabling it to develop solutions that more accurately reflect the actual risks it faces.
2. Cost Management: One of the main advantages of a captive cell is potential cost reduction. By internalizing a portion of risks, a company can lessen its reliance on external insurers, which can result in significant savings. Furthermore, the administrative efficiency of a captive cell can reduce the overall expenses associated with insurance management.
3. Access to Reinsurance Markets: With a captive cell, companies can directly access reinsurance markets, which may offer better rates and conditions than those available in the traditional market. This not only provides savings but also offers greater flexibility in negotiating insurance terms and conditions.
4. Capital Accumulation and Investments: Captive cells allow companies to accumulate capital through the premiums paid. This capital can be invested, generating additional returns for the company. This approach can be particularly beneficial in years with few or no claims, transforming the insurance sector from a cost center into a potential profit center.
5. Improved Risk Management: Operating a captive cell makes a company more aware and proactive in managing its risks. This often leads to better safety practices and risk prevention, which can result in fewer claims and, consequently, lower long-term insurance costs.