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Orbit International Insurance PCC Ltd

About the Company

Orbit International Insurance PCC Ltd is a protected cell company privately owned and licensed by the regulatory authority the Reserve Bank of Vanuatu.

Orbits purpose is to offer business owners turn key access to their own insurance company on a rental basis.

Just as a business can rent an office building rather than purchase the building, a business can similarly rent a captive cell instead of incorporating its own captive insurance company.

For some the incorporation of a separate captive company can be unduly costly and time consuming. Orbit has provided one solution to this dilemma by affording the traditional advantages of a separate legal entity without the associated compliance costs.

The PCC option through Orbit means that your business need not be a large multinational with premium in the millions of dollars to benefit from captive insurance. Orbit can cater to the small to medium size enterprise with premium in the thousands of dollars.

Orbit's management is under the personal supervision of Kevin Lindsay, CEO of Riskman International.

What is a PCC?

A PCC is a single legal entity whose assets are segregated and protected within one or more cells of the company.

A PCC is a corporate vehicle, enabling its users to ring-fence their individual assets and liabilities.

This enables multiple cell users to operate different businesses through the same legal entity, whilst legally isolating the assets and risks attached to each business from other cell users.

Therefore should anything adverse happen to one cell, the other cells' assets are protected.

Further information about cells.