NU Online News Service, April 29, 3:09 p.m. EDT

Marsh insurance brokerage said today it has established protected cell captive insurance facilities in Washington, D.C. and the Isle of Man.

The firm said the operations were created to provide small and midsize businesses with risk-financing alternatives, as well as larger firms looking for ways to segregate retained risks associated with joint ventures, strategic alliances and other special situations.

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