Atlas Insurance, 48-50 Ta' Xbiex Seafront, Ta' Xbiex.
Enabling Insurtechs to Become Carriers: The Malta Cell Advantage
Over the last decade, insurtechs have disrupted traditional insurance models with innovative underwriting, distribution, and customer service approaches. Yet, many remain reliant on established insurers to underwrite their policies due to regulatory hurdles, management resources, and capital requirements that make it challenging for insurtechs to become full-fledged carriers. Malta offers an alternative pathway for insurtechs…
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…
An Agile Approach to Captive Ownership
Ian-Edward Stafrace of Atlas Insurance PCC outlines how protected cells can enable agility in risk financing and captive ownership. “Adopting an agile approach to captive ownership allows for iterative learning and gains while lowering each step’s financial commitments and risks.” Captives are traditionally referred to as insurance subsidiaries of non-insurance parents writing risks of the…
Domicile Hidden Gems
Ian-Edward Stafrace of Atlas Insurance PCC outlines what to consider beyond typical captive and protected cell domicile comparisons. When comparing captive and cell domiciles, the academia, guides and articles often only scratch the surface of relevant features and characteristics. These can help shortlist options when there is a wide choice. However, some crucial aspects are…
En-Core!
Ian-Edward Stafrace of Atlas Insurance PCC shares how the active non-cellular core of their EU protected cell facility can help rapidly incubate risks, giving more time to assess and set up a cell. Risk managers and insurtech innovators in Europe are increasingly looking to cells to tackle common challenges. In particular, Malta’s cell growth continues…
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…
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…
Cells, from captives to insurtechs
Ian-Edward Stafrace, of Atlas PCC, gives insight into how cells in Europe are promoting innovation in the insurance market. The flexibility and ever growing uses of protected cells never ceases to amaze me. In the European Union, Malta is enabling cells not only for use in traditional captives, reinsurance or insurance linked security models, but…
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…