Captive Spotlight: WOWS PCC to provide high-value US homes with property cover    

• Each cell capacity to range from $1bn to $3bn 
• WOWS starting with 100 California homes but plans to expand to nine
• Minimum of 1,000 metres between homes in each cell 

The WOWS Insurance Services PCC has been formed to provide full homeowners cover, including wildfire risk for high-value homeowners in California that are struggling to get sufficient coverage following a series of costly events. 

The protected cell company (PCC) is domiciled in Nevada, managed by Hylant, and according to Ci DataHub was formed in 2024.