Why PROtect?

Our company’s mission is to address the issues that are the basis for why companies insure. We understand risk, how to manage it, and how to finance or transfer it to another 3rd party when it makes sense. We own and manage ERM SPC, Ltd., a Segregated Portfolio Company (SPC) and structured insurance company domiciled in the Cayman Islands. The captive insurance company is designed to reinsure risks of qualified owners/shareholders.

ERM SPC, Ltd.

PROtect owns and manages ERM SPC, Ltd., a Segregated Portfolio Company (SPC) and structured insurance company domiciled in the Cayman Islands. The captive insurance company is designed to reinsure risks of qualified owners/shareholders.

ERM SPC, Ltd. is structured much like a traditional insurance company, with the key difference being who benefits from the good loss experience. The insured owners/shareholders of ERM SPC, Ltd. receives returns of surplus and distributions when loss experience proves to be better than annual actuarial projections.

Below is a simple diagram explaining the difference between a traditional insurance company structure and captive insurance company structure.

ERM SPC, Ltd. is managed by PROtect and governed by the elected Board of Directors that take direction from an Advisory Committee comprised of insured shareholders and three sub-committees, as illustrated below.

As a Segregated Portfolio Company (SPC) and structured insurance company, the ability to start new segregated portfolio companies and grow the company is continuously evaluated.

Below is the management structure for ERM SPC, Ltd.