Insurance
Insurance services and offshore captive solutions
RBS International offers insurance sector specific products which complement our more traditional banking activities. These strengthen the range of services available to clients seeking innovative and cost-effective insurance solutions across all our main operational jurisdictions. RBS International is a leading service provider to major insurance and risk companies in Guernsey, Jersey, the Isle of Man and Gibraltar. We run offshore captives for large UK corporates, as well as an increasing number of overseas clients.
RBS International has also formed a sister protected cell company, Drummonds Insurance PCC Limited (Drummonds PCC). Governed by the provisions of Guernsey's Protected Cell Companies Ordinance 1997 (as amended) and The Insurance Business (Bailiwick of Guernsey) Law 2002 (as amended), Drummonds PCC offers a cost-effective, legally robust umbrella structure.
- Corporations can segregate assets by subsidiary or operating company; joint ventures; insurers or re-insurers acting on behalf of their clients; and promoters of "Alternative Risk Transfer Products"
- The segregation and protection of assets within each cell is possible