Managed Risk Insurance PCC Limited (MRI)

A protected cell company, established to provide the benefits of captive insurance through a cost efficient and less bureaucratic entity.

Captive insurance is an alternative to traditional methods of insurance and can offer a cost-effective option to firm’s who are willing to share in and manage some of the insurance risk themselves. At the same time the firm can reduce its insurance costs and put itself in a position to share in the profits currently enjoyed by the insurance industry when claims on its insurance are low.

• An initial indication of cost (dependent on the complexity and size of the organisation involved) is an anticipated minimum cell cost per annum of £25,000.

• MRI is based in Guernsey but meetings to discuss the use of MRI can easily be arranged within the UK and potentially elsewhere in Europe as representatives are frequently travelling to these locations.

The use of a protected cell within MRI can be an easy and cost-effective way for a medium/smaller size organisation to take advantage of the captive insurance market. Not only are the costs reduced, but the administrative burden on the organisation is also greatly reduced.