Set up a protected cell with the experts

Call us on +356 2343 5221 to find out how Atlas PCC can benefit your business

Solid reasons for choosing Atlas

Why set up a cell in Atlas?

What kind of businesses should consider using a Maltese Insurance PCC?

Captive risk financing

Managing insurance deductible and/or providing access to the reinsurance market with a lower cost per unit of cover versus the primary market. Reinsurers tend to also be better placed to underwrite unusual risks. Atlas was the first PCC to host an insured owned cell writing it’s motor fleet insurance directly to the UK.

To sell insurance

The European market is a natural target for business to be written by a cell licensed in Malta enjoying the freedom to provide services in the countries forming part of the European Economic Area. Most of the cells Atlas hosts are owned by businesses not typically from the insurance sector that have created cells to sell insurance to their customers. This includes mobile phone insurance and other forms of accidental damage insurance or extended warranty, pet insurance and travel cancellation.

Fronting
Non-European insurers have set up cells as fronting facilities in order to reduce their EEA fronting costs

Run off
Cells can also be created to handle run-off business or for special purpose applications by facilitating access to specialist risk-bearers.

David Mifsud
FCII Chartered Insurer
Chief Underwriting Officer

(+356) 2343 5306 or email david.mifsud@atlas.com.mt

Ian-Edward Stafrace
MSc (Risk Mgmt) FCII CFIRM PIOR
Chartered Insurance Risk Manager
Chief Strategy Officer

(+356) 2343 5255 or email ian.stafrace@atlas.com.mt