News Releases

March 11, 2019

Aon’s White Rock protected cell facility expands with seventh domicile in the District of Columbia
White Rock Group continues to build on significant traction gained since first introducing protected cell companies

Insurance and reinsurance broker Aon plc is delighted to announce that its protected cell facilities under the White Rock Group (White Rock) have continued to expand, with the launch of a seventh domicile in the District of Columbia, USA.

An innovator and leader in protected cell companies, White Rock pioneered the concept in 1997, setting up the first protected cell company in Guernsey. White Rock also operates protected cell companies in Bermuda, Gibraltar, Guernsey, Isle of Man, Malta and Vermont, now managing 250 cells, circa US$0.73 billion in gross written premium, and over US$2.6 billion in assets.

Protected cell companies offer flexibility of usage, streamlined market access, significant capital and collateral efficiency whilst ring-fencing assets and liabilities in a strong compliant environment.

White Rock Group Managing Director Dermot Finnerty said, “I am delighted to announce the launch of our seventh domicile in the District of Columbia as White Rock and Aon build on the significant traction we have gained since first introducing protected cell companies. We now manage a total of 250 open cells, another significant milestone for us, and a testament to the hard work, specialist insight and professionalism of the Aon and White Rock teams.

As reinsurance and capital markets continue to converge, we are seeing increasing demand for protected cell solutions for market access, fronting solutions, insurance-linked securities (ILS) facilitator cells and warehousing solutions.

Over the past twenty years since White Rock’s establishment we have delivered innovative solutions to our clients looking at alternative vehicles to manage their risks. Our laser focus on our clients, combined with the excellent potential for growth over the next 12 months, mean that 2019 is set to be another exciting year for White Rock.”

October 3, 2017

White Rock Group celebrates 20 years

This month, the Aon White Rock Group is celebrating its 20th anniversary. The group, which operates in six domiciles in Bermuda, Gibraltar, Guernsey, Isle of Man, Malta and Vermont, offers clients a diverse suite of captive insurance solutions through utilization of Protected Cell, Incorporated Cell and Segregated Account facilities.

"Since its beginning in 1997, White Rock has experienced strong growth, particularly in the last number of years," said Dermot Finnerty, Managing Director for the White Rock Group. "Our 20th anniversary celebration is a testament to the hard work of our colleagues working every day to serve our clients."

White Rock helps clients achieve their target of lowering total cost of risk, by providing them with insurance solutions without the cost, capital and complexity of parent company management time and expense, which a wholly-owned captive subsidiary requires. White Rock is a unique and leading group of insurance and reinsurance vehicles with managed premiums of more than $500 million.

February 23, 2017

Aon's White Rock and SS&C Launch One-Stop Platform for the Insurance Linked Securities Market

The platform combines powerful fund administration services with cutting-edge insurance management and independent insurance-linked securities valuation services. Through this platform, ILS managers and reinsurers can easily build a coordinated and cooperative solution tailored to their business needs.

February 16, 2017

Bringing home the gold at the UK Captive Service Awards

Aon Captive & Insurance Management (ACIM) and Aon Global Risk Consulting (AGRC) won four awards at the UK Captive Service Awards organised by Captive Review, one of the leading publications for the captive industry.