Designed for people and organisations that own property portfolios with a minimum premium of £1 million per annum, Property Captives provide a practical way for freeholders to preserve a vital source of income that has been eroded by legislation over time.
Realising that legislators and governments were determined to reduce the high profits once enjoyed by freeholders, WML was amongst the first insurance brokers to identify a solution that both satisfied the vagaries of new legislation and gave property owners back the control over their portfolio they required.
WML took a form of insurance that is used by the airlines and travel agents and adapted it to secure the long-term profits of freeholders. In the process we have been able to transform the way property owners now manage and protect their assets. | | The move has proved very successful and today WML provides Guernsey-based cell captives for specific clients involving several billion pounds worth of property.
With the support of WML’s business partners based in Guernsey, and a captive structure underpinned by all the major insurers, our Property Captives scheme is recognised as one of the most innovative, practical and cost effective ways currently available to self assess risks, control what you insure and profit from a good claims record.
If you would like to know more about WML Property Captives and whether they may be right for you, contact the Property Department on 01243 842666. |
