This document discusses owning a cell in a protected cell company (PCC) for insurance purposes. A PCC allows different owners to participate in one company while segregating cellular assets and liabilities. Cells in a PCC can be set up with less capital than standalone companies as minimum requirements only apply to the PCC as a whole. Malta is highlighted as an attractive location for PCCs due to its PCC legislation, approachable regulator, EU single passport, tax efficiency and other factors. Owning a cell in a PCC provides a lower cost alternative to a standalone insurance company or captive. Cells avoid minimum capital requirements and can access reinsurance and lower running costs. The document also provides information on Atlas Insurance P