Atlas Group

Atlas PCC News

Malta: A Gateway for Captives with Risks in Europe

Ian-Edward Stafrace of Atlas Insurance PCC, a member of FinanceMalta, highlights how Malta is quickly becoming the go-to destination for international companies seeking more efficient EU risk coverage. The Republic of Malta is a full member of the European Union (EU), strategically located in the middle of the Mediterranean Sea, with English as its business…

Read more

EU cell solution to hard market

Ian-Edward Stafrace, of Atlas PCC, shares how Maltese-domiciled protected cells make owning an onshore captive or carrier more accessible and feasible during this hard market Malta continues to see higher growth in cells compared to standalone captives — by September 2021, insurance-carrying cells grew 18 per cent to 72, outnumbering both captives and non-domestic insurance…

Read more

Insurance cell Sandbox Opportunities in Blockchain Island

Ian-Edward Stafrace, of Atlas PCC, gives insight into how cells can attract innovation. “Protected cell companies can be seen as platforms to experiment, incubate or launch new technology-driven business models.” Malta is enabling cells not only for use in self-insurance captives, but also in directly writing third party risks and consumer business. As a full…

Read more

Atlas Insurance PCC Wins Best European Cell Captive Initiative

Atlas Insurance PCC Wins Best European Cell Captive Initiative

Atlas Insurance PCC’s cell business expertise was acclaimed internationally when it won Best Cell Captive Initiative for the 2016 edition of the European Captive Services Awards. Organised by Captive Review, the European Captive Services Awards reward firms and service providers in the insurance industry which demonstrated the highest levels of excellence over the past 12…

Read more

Atlas supports FERMA European Risk Seminar 2016

Every two years, the Federation of European Risk Management Associations (FERMA) organises a well-established seminar exclusively for risk managers, located in a different country, each time with the support of the local member association. This attracts hundreds of risk professionals from across Europe. In October 2016, for the first time, Malta is hosting this seminar…

Read more

Atlas Insurance PCC Limited

Setting up a Protected Cell

FinanceMalta Podcast featuring Ian-Edward Stafrace, Atlas’ Chief Risk Officer

Finance Malta

Protected Cell Companies and Protected Cells: A Finance Malta Fact Sheet

Protected Cell Companies Malta is the only EU member state with Protected Cell Company (PCC) legislation, which provides numerous advantages compared to stand-alone insurance companies or captives. A unique element of a PCC is that an insurer can write business through the ownership of a protected cell, using the core’s capital.  

Embracing Change – Regulatory Innovation

Angele Grech, director of the MFSA Authorisation Unit, speaks to Captive Review about Malta’s innovative establishment of a regulatory regime for protected cell companies.

Groundbreaking Cell to Write UK Motor Liability Insurance Directly From Malta

    Groundbreaking Cell to Write UK Motor Liability Insurance Directly From Malta for the World’s Largest Online Supermarket London, UK, January 31st, 2011: The Captive Practice of Willis Group Holdings (NYSE: WSH), the global insurance broker, and Atlas Insurance PCC (Protected Cell Company), the Malta-based insurer, have become the first in the insurance industry to…

Read more

Solvency II Driving Onshore Growth for the EU PCC

Ian-Edward Stafrace, Chief Risk Officer of Atlas PCC talks to Captive Review on what differentiates Malta from other PCC jurisdictions and how Solvency II is helping drive growth in cells within the EU Captive Review (CR): As a full EU member state, what differentiates Malta’s PCC legislation versus offshore jurisdictions? Ian-Edward Stafrace (IES): PCCs are…

Read more