(26 October 2012): Marlborough Trust, a Guernsey based independent Trust company, The Robus Group, a Guernsey based leading provider of insurance management and corporate services and independent consultant, Richard Gale, today announced the launch of their new joint venture, Princeps Ltd.
Princeps Ltd brings the new Guernsey innovation of the Risk Purpose Trust (RPT) to corporations as the only, and original, RPT provider.
The RPT is a mechanism allowing corporates to fund effectively for foreseen and unforeseen expenses as well as business risks.
Chris Le Conte, MD of the Robus Group, explains his excitement at the launch of Princeps, “The RPT as a product can turn its hand to numerous applications. Having worked in the Captive Insurance industry for more than 20 years I believe the RPT could revolutionize the way corporates approach risk management, but the value of the RPT is so much wider reaching. This makes it the perfect