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4th of February 2012

White Rock launches in Isle of Man

Gavin Bradshaw 26/04/2010

Aon’s White Rock has launched a protected cell company (PCC) in the Isle of Man, the sixth domicile to licence a White Rock PCC.

“This is part of our development and growth strategy for the White Rock brand.” said Andrew Tunnicliffe, COO of Aon Global Risk Consulting. “The Isle of Man was selected due to its reputation as a ‘can do’ captive domicile.”

Tunnicliffe added that the jurisdiction’s triple ‘A’ sovereign ratings and standing as “an internationally responsible country as acknowledged by the IMF and other regulatory bodies” had also contributed to the decision. 

Gaynor Brough, general manager of Aon’s Isle of Man operation, said: “This is a really exciting opportunity for us to be at the forefront of cutting-edge client-focused solutions.”

Aon has established White Rock PCCs in Gibraltar, Guernsey, Luxembourg and Bermuda.
The manager also moved one of its Gibraltar PCCs, White Rock Insurance Europe, to Malta in October 2008.

Tags: Aon, Aon Global Risk Consulting, Bermuda, Gibraltar, Guernsey, Isle of Man, Luxembourg, Malta, PCC, Protected cell company, White Rock

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