Alliance Captive Management launches new platform
Alliance Captive Management has launched ACM Advantage PCC, a protected cell company (PCC) platform. Tim Luby, CEO of the company, says the platform is a “segregated cell solution”, allowing organisations to take part in a captive insurance structure “without the high capital or administrative demands of forming a stand-alone captive.” He adds: “Think of it as your own insurance company—without going it alone.” The solution is also said to offer reduced start-up costs and faster access to customised coverage for a range of businesses, including educational institutions, healthcare providers, and logistics companies.