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Artex, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, is set to rebrand all of its cell facilities and transformer offering as Artex Axcell, as it seeks to unify the brand proposition across these important market-facing services.
Artex is already one of the largest managers of global cell facilities, which include protected cells and segregated cells of corporate structures domiciled in financial hubs across the world, including key insurance, reinsurance and ILS domiciles such as Bermuda, the Cayman Islands, Guernsey, and the United States.
The company announced today that it will be transitioning all of its cell facility names to Artex Axcell, over the coming months, as it looks to bring its clients more efficiency and higher levels of service.
Artex believes that clients want an alternative risk solution that “demands less time, investment and resources” so is responding to unify the brand proposition and leverage efficiencies where it can.
“The creation of Artex Axcell is the result of a rationalization effort…