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21 July 2016
George Town, Grand Cayman
Reporter Becky Butcher

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IMAC welcomes new insurance supervisor

The Insurance Managers Association of Cayman (IMAC) has welcomed Ruwan Jayasekera to his new role of head of insurance supervision for the Cayman Islands.

The Cayman Islands Monetary Authority appointed Jayasekera to the role earlier this week; he has served as acting head of insurance supervision since March.

Kieran O’Mahony, chairman of IMAC, commented: “We are extremely pleased with this announcement. Ruwan Jayasekera is highly regarded within the Cayman captive and reinsurance and insurance industry.”

“He was, and continues to be, centrally involved in both the shaping of and the implementation of the insurance law and associated regulations and has consistently interacted with IMAC to ensure that industry’s view point is thoroughly considered.”

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