New Sponsored Cell Captive Domiciled in Connecticut

The Connecticut flag has a shield with 3 grapevines and a banner in Latin that is translated as He who transplanted sustains

November 12, 2015 |

The Connecticut flag has a shield with 3 grapevines and a banner in Latin that is translated as He who transplanted sustains

Isosceles Insurance Company, Ltd., a Connecticut-based sponsored cell captive, joins a growing number of captives designed to provide small and medium-sized businesses access to the benefits of captive insurance, JLT Towner Insurance Management, sponsor of this new venture, has announced.

"This [sponsored cell captive] provides a timely opportunity for some companies as year-end approaches," said Thomas P. Stokes, chief executive officer (CEO) of Isosceles in the United States and managing principal and US consulting practice leader for JLT Towner, in a press release. 

"By licensing Isosceles domestically, we have met a growing demand from clients and other organizations for this type of facility," said Guy Ragosta, JLT Towner CEO and partner, as quoted in the press release. "Companies that take advantage of Isosceles can feel confident knowing they will receive the same captive insurance expertise from our company as our clients in more complex structures do."

November 12, 2015