Archipelago PCC as a central core sponsor a PCC owner and provides the required regulatory and operating capital (the “core”). Cell management of the PCC is managed and administered through its Board of Directors (BOD). The PCC is empowered to create cells that would insure or reinsure the risk of each client’s cell and to keep it separately identifiable.
A cell in a PCC captive may be the ideal solution for organizations looking to retain risk and who have a business need to segregate insurance assets and liabilities. This segregation may be required for numerous reasons, including the need to separate assets and liabilities by division or territory; by risks associated with a joint venture, by a special project or a strategic alliance; or by risks associated with companies’ regulated and non-regulated businesses.