Artex Unveils First Vermont Protected Cell Company

July 16, 2024 |

Artex Risk Solutions has launched its first Vermont protected cell company (PCC). This new facility, Artex Axcell PCC (Vermont), Inc., was formed in April 2024. It allows companies to choose between incorporated and unincorporated cell structures as well as access to reinsurance and capital market capacity.

"PCCs have been one of the most important evolutions in the captive insurance marketplace in recent years, and we are thrilled to serve clients through our latest Artex Axcell PCC," said Jennifer Gallagher, CEO of Artex, North America.

"With Vermont now established as the largest captive domicile globally, we selected Vermont as part of our US onshore strategy but also to complement our global offering," said Barry White, executive vice president of sales, analytics, and advisory for Artex, North America.

July 16, 2024