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Segregated Cells
PRASEC’s structure as a Segregated Portfolio Company enables it to leverage its existing relationships with various entities—including, among others, insurance regulators, legal firms and accounting firms—to offer participants the opportunity to enjoy the benefits of having their own captive insurance company without having to incur the start-up cost and hardship of establishing one. Under the regulations of the Cayman Islands, where PRASEC is headquartered, each cell (or segregated portfolio) authorized by PRASEC is a separate entity. This means the financial results from one cell do not impact any other cell. This structure enables you to access a captive facility without having to share risk with other participating groups. PRASEC cells are available at a discounted rate to NAPA Participating Groups and to clients of NAPA Management Services Corporation. Once you purchase a segregated portfolio (or cell) in PRASEC, your group will gain access to PRASEC’s insurance products. |
HOSPITAL ANESTHESIA SERVICES EMPLOYMENT / CAREERS ADDITIONAL PRODUCTS AND SERVICES ABOUT NAPA CONTACT NAPA PRIVACY |