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Cayman captives reps heading to California

| 22/10/2014 | 0 Comments

(CNS Business): The Cayman Islands premier will be part of a delegation representing the jurisdiction’s captive insurance industry at the American Society for Healthcare Risk Management annual conference (ASHRM) next week. Alden McLaughlin, Councillor Roy McTaggart and Tamara Ebanks, Deputy Chief Officer of the Ministry of Financial Services, will be among the 31 people from Cayman heading to the conference in Anaheim, California.

They will be accompanying representatives from the key insurance managers, law and audit firms, financial institutions and the Cayman Islands Monetary Authority (CIMA) to discuss captive insurance and regulatory issues generally with over 2,000 registered conference attendees.

According to a release from the Insurance Managers Association of Cayman (IMAC), the conference takes place 26-29 October and delegates from other jurisdictions will be able to meet with the government officials as well as with CIMA Managing Director Cindy Scotland and George Kamau, Chief Analyst in the Insurance Supervision Division. IMAC is also holding a cocktail party on Monday evening, 27 October.

IMAC Chairperson Rob Leadbetter, who will also be attending, said, “ASHRM is an excellent conference for Cayman to exhibit at.  All of us have clients who attend each year, which gives us an opportunity to catch up with them and introduce them to senior government officials and senior management of CIMA.  We also talk to scores of people who are not so familiar with captives about how these structures can be effectively used in their own healthcare companies. We invite delegates to come and speak to us at booth #302,” he said.

Appointments can be secured for private meetings with CIMA by contacting Kamau at g.kamau@cimoney.com.ky.

IMAC is also making final preparations for their own Cayman Captive Forum, which is now the world’s largest captive conference. With already more than 900 delegates confirmed, registration rates are progressing more quickly than last year. One lucky ASHRM delegate will win a delegate pass and a five night stay at the Ritz Carlton Grand Cayman over the conference dates of 2-4 December 2014.

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Category: Finance, Financial Services

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