What Does Cell Captive Mean?
What does Cell Captive mean? Read on to discover the definition & meaning of the term Cell Captive - to help you better understand the language used in insurance policies.
Cell Captive
A sponsored captive or rent-a-captive, which maintains underwriting accounts separately for each participant. May be called protected cell captive (PCC) or segregated cell insurer. If the cells are legally segregated, it may be used to securitize risk.
We hope the you have a better understanding of the meaning of Cell Captive.
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