White Rock, the Aon owned leader in protected cell companies (PCC), has announced the formation of White Rock Insurance.
The new company will enable buyers of terrorism insurance to determine their preferred level of risk retention or their preferred markets for terrorism exposures.
Buyers will also be able to realise premium savings arising out of cessions that would otherwise be paid away to the various governmental terrorism pools.
White Rock began underwriting in July and is already being used by one of the world's largest pharma-chemical companies.
