Insurance Managers Association of Cayman

Insurance Managers Association of Cayman

Insurance Managers Association of Cayman
Grand Cayman,
KY1-1005,
Cayman Islands

Contact
William Forsythe


Telephone
+1 345-949-4622


Email
william.forsythe@caymancaptive.ky


Website
http://www.imac.ky
The Insurance Managers Association of Cayman is a non-profit organisation run for and by Cayman’s captive insurance industry, including insurance managers, Cayman captive insurance companies and service providers. The association is the unified representative of the captive industry, acting as a liaison with the Cayman Islands Government, the Cayman Islands Monetary Authority (CIMA) and the private sector, to ensure that its members’ interests are represented.

"Mission: To promote the development of the Cayman Islands captive insurance industry through cooperation and engagement with local government, regulators, media and other organisations, to promote the integrity and intellect of the industry, and to encourage sustainable growth through innovation, education and international competitiveness."

IMAC GOVERNANCE
IMAC’s elected Executive Committee is supported by five sub-committees:

Marketing
The marketing committee’s responsibility is to promote the Cayman Islands as a quality domicile for captive insurance companies. They accomplish this through a variety of media – conference sponsorship and attendance, digital and traditional communications, public relations and hosting networking events.

Cayman Captive Forum
IMAC hosts the world’s largest captive insurance conference – the Cayman Captive Forum – which has been held annually since 1993. Read more about the Forum.

Legislative and Regulatory
Effective representation of the industry to the regulators and legislators enables the Cayman Islands to be the proactive and forward-thinking jurisdiction it has become. This committee provides substantive input into proposed changes of legislation and regulation.

Research and Development
The captive insurance industry is dynamic and sharing best practices and insights are important in fostering a jurisdiction of experts. Regular technical courses and seminars led by industry experts are held for IMAC members.

Education and Scholarship
IMAC initiated an Educational Scholarship Fund in 1994 that assists in providing post-secondary education to Caymanian students who would not otherwise be able to attend university.
Insurance Managers Association of Cayman News archive
Captive Insurance Times
Haddleton to focus on innovation as IMAC chair
14 February 2017 | Grand Cayman | Reporter: Becky Butcher
The new Insurance Managers Association of Cayman (IMAC) chair Linda Haddleton has revealed her goal is to focus on innovation in the captive sector and to “diversify this domicile’s remit”
Linda Haddleton begins new role as IMAC chair
18 January 2017 | George Town, Grand Cayman | Reporter: Becky Butcher
Linda Haddleton is set to start her new role as chair of the Insurance Managers Association of Cayman (IMAC) at its annual general meeting this month...
Cayman ahead of 2015’s captive figures
26 October 2016 | George Town, Grand Cayman | Reporter: Becky Butcher
The Cayman Islands welcomed 10 new captives between 1 July and 30 September this year, according to the Insurance Managers Association of Cayman (IMAC)...
Cayman seeking Latin American business
28 September 2016 | George Town | Reporter: Becky Butcher
Latin America is an “important market” for Cayman captives, according to JS de Jager, board member of the Insurance Managers Association of Cayman (IMAC)...
Canada is key for Cayman captives
08 September 2016 | George Town, Grand Cayman | Reporter: Becky Butcher
Canada is a key market for Cayman Islands captives, according to Kieran O’Mahony, chairperson of the Insurance Managers Association of Cayman (IMAC)...
IMAC welcomes new insurance supervisor
21 July 2016 | George Town, Grand Cayman | Reporter: Becky Butcher
The Insurance Managers Association of Cayman (IMAC) has welcomed Ruwan Jayasekera to his new role of head of insurance supervision for the Cayman Islands...
IMAC names new executive board
04 February 2016 | George Town, Grand Cayman | Reporter: Becky Butcher
Kieran O’Mahony and Linda Haddleton have been re-elected to their positions at the Insurance Managers Association of Cayman (IMAC)...
IMAC welcomes David Cameron’s acknowledgement
02 October 2013 | George Town | Reporter: Jenna Jones
The Insurance Managers Association of Cayman have gratefully received Prime Minister David Cameron's recent comments in parliament...
'Wolf of Wall Street' is keynote speaker at Cayman
19 September 2013 | George Town | Reporter: Jenna Jones
The Insurance Managers Association of Cayman has announced that the “infamous and reformed” ‘Wolf of Wall Street’ Jordan Belfort will be the keynote speaker at the 2013 Cayman Captive Forum...