MDS launches protected cell company
European and Latin American insurance and reinsurance brokerage MDS Group announced the launch of HighDome PCC.
A statement from MDS said that the PCC will simplify the captive concept used by large corporations, enabling organisations to reduce and have long-term stability in their insurance costs.? ?
HighDome will primarily target medium sized enterprises and larger organizations with an individual strategic risk. It is a 100 percent subsidiary of MDS Group and is fully authorized and regulated by the Malta Financial Services Authority to conduct both insurance and reinsurance business in short tail risks.