Captive risk financing
Managing insurance deductible and/or providing access to the reinsurance market with wider capacity and lower cost per unit of cover versus the primary market.
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.
Many cells in Atlas sell insurance directly to customers across the EU & UK, including warranty, accidental damage, pet and travel, often as connected sales to the cell owners’ main offering.
Non-European insurers can set up cells as fronting facilities in order to reduce their EEA & UK fronting costs.
Cells can also be created to handle run-off business or for special purpose applications by facilitating access to specialist risk-bearers.
Organisation have chosen Malta for their reinsurance cells, preferring the substance and reputation of an on-shore EU jurisdiction in the interest of their stakeholders.