MANGROVE INSURANCE SOLUTIONS

Mangrove Insurance Solutions is a protected cell captive insurer that focuses on providing clients with a low-cost captive alternative. It has a structure that creates a legal separation of its assets and liabilities into a number of different cells and a central core. The purpose of such an arrangement is to effectively "ring-fence" the assets and liabilities of each cell and offer protection to cell owners from the liabilities and creditors of other cells. Although each cell’s assets and liabilities are separate from those of the core and of all other cells, the PCC is a single entity. It was established in Washington DC and Isle of Man domiciles by Marsh’s Captive Solutions Group, which are designed to insure or reinsure risks of unrelated shareholders.