NICHOL INTERNATIONAL

Nichol International is a segregated accounts insurer (SAC), also known as a Protected Cell Company (PCC) in some domiciles. SAC insurers are incorporated so that each insured’s business is legally segregated from all other cells and the “core” of the company – i.e., each cell is deemed to be bankruptcy remote from all other cells.

Each such Cell can be used by capital markets investors to participate in (re)insurance risk opportunities, including property and life. Good underwriting performance (e.g., lower claims than expected) results in capital and related profits being realized by the investor.

Advantages of protected cells include:

• Easier and quicker to set up and exit compared to a single parent captive.
• Cost efficiencies over a stand-alone captive enabling significant savings.
• Bespoke insurance policies tailored to the investor’s needs.
• Access to the reinsurance market to limit downside risks.