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United USA

United Insurance Company, USA, Ltd. ("United USA") was incorporated and licensed in December 2006 under the State of Vermont captive insurance law as a Sponsored Captive Insurance Company.

A Sponsored Captive Insurance Company ("SC") in the State of Vermont has the ability to establish separate protected cells ("Cell") within the SC whereby the assets and liabilities of any one Cell are financially and legally protected from the assets and liabilities of other Cells. Should any individual Cell become insolvent, the creditors of that Cell will only have access to the assets of that specific Cell and will have no recourse against the assets of other Cells within the SC.

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