The Isle of Man is well regulated and has developed insurance legislation. It has a favourable tax regime, and has lower capitalisation and solvency margin requirements than many of its counterparts. The legislation also encompasses the use of Protected Cell Companies (PCC’s) and Incorporated Cell Companies (ICC’s). In addition to this, it contrasts from the Channel Isles in that it has space to expand. This is an attraction for self-managed captives seeking staff and premises.