Cell Facilities

SRS manages Protected Cell Companies, Segregated Account Companies, and Sponsored Captives (cell facilities) for our clients.

Some of these facilities may be available for use by clients looking for a cell facility. We would be happy to make introductions to these facilities or our managed group captives.

In addition, SRS has several cell facilities which are available for use by its clients. These facilities are located in different domiciles using different cell structures to provide our clients with the most choice. They are suitable for prospective captive owners looking for a rent-a-captive solution, as well as, capital market investors looking to participate in re/insurance programs.


Green Mountain Sponsored Captive (Green Mountain) is a protected cell captive insurance company domiciled in Vermont. Licensed in 2012, Green Mountain and its clients are the beneficiaries of Vermont’s highly commended governance and regulatory environment. Green Mountain offers a turn-key captive solution in the largest US domicile. Green Mountain cells include captive programs insuring traditional property & casualty risk as well as group medical stop loss programs. Green Mountain is owned by SRS, Elevanta an association management organization and Southern Insurance Underwriters, a certified Managing General Agency. For more information visit gocaptivegogreen.com.


Coral Stone is a Cayman Islands based specialty insurer and reinsurer facility for organizations looking for a third party risk transfer financing vehicle to establish a Segregated Portfolio or Portfolio Insurance Company under the Cayman insurance laws. Coral Stone was incorporated in 2020 to provide a specialty insurer and reinsurer facility to SRS clients. It has been used by several SRS clients as an “incubator” for their risk transfer financing vehicle, before transferring their program to a stand-alone insurance company in the Cayman Islands or other domiciles.

Outer Banks Risk Solutions, Inc (Outer Banks) is an onshore rent-a-captive facility that offers turnkey captive insurance solutions to clients of SRS. Outer Banks is a North Carolina licensed protected cell captive insurance company fully controlled by SRS. The North Carolina protected cell structure allows for the creation of both protected cells (or unincorporated cells) and incorporated cells.


Superior Risk Solutions SAC, Ltd (Superior) is a Bermuda-based Segregated Account Company (SAC), regulated by the Bermuda Monetary Authority and registered under the Segregated Accounts Companies Act of 2000. Superior is operated and managed by SRS Bermuda. Superior provides a turnkey alternative to standalone captives and as well as a special purpose vehicle or “transformer” facility for Insurance Linked Securities (ILS) transactions like collateralised re/insurance. The segregated accounts company can be used for entities that want to move from a carrier or broker sponsored cell facility or as an incubator for start-up captive programs. Leaving a broker/carrier sponsored cell managed by SRS for a cell within Superior, the client continues to operate within the Bermuda domicile while retaining their existing service team.

Opportuna Insurance PCC, Ltd (Opportuna) is a Guernsey Protected Cell Company, licensed by the Guernsey Financial Services Commission. Opportuna provides a protected cell environment to support bespoke risk management solutions and is available for current and future clients who are interested in establishing a presence in Guernsey. Opportuna is operated and managed by SRS for the exclusive benefit of its clients. It provides a turnkey solution for captive insurance programs as well as a special purpose vehicle for financial transactions such as Insurance Linked Securities. Opportuna is registered under Guernsey’s pre-authorization program allowing cells to be set-up within 48 hours.


Global Re SCC (Global Re) is a Barbados-based specialty insurer and reinsurer facility for organizations looking for a third-party risk transfer financing vehicle to establish a segregated cell in a licensed insurance entity. Global Re has a Class 1 license from the Barbados Financial Services Commission and may engage in both general insurance and long-term insurance, and specifically ordinary life insurance. Global Re provides a Barbados-domiciled solution for our rent-a-captive clients as well as capital market investors seeking to participate in (re)insurance programs.



Supplemental Re Company (SRC) is an onshore cell facility that offers turnkey captive insurance solutions to clients of Strategic Risk Solutions. It is an Arizona domiciled protected cell captive insurance company administered and minority owned by SRS.