Self insurance provision opened up

The Close facility will allow the set up of individual protected cells for clients within a Guernsey-based protected cell company (PCC).

Andrew Wallin, head of Oxygen’s Financial Risks team said: “Self insurance is not a new concept but, until now, the establishment and administration costs have made it uneconomical for all but the largest companies. Our service will now allow a wider range of businesses to achieve savings whilst avoiding the onerous set up procedures and high ongoing admini

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: