Lawrence Kemp
Assistant manager
Crowe
Personal bio: I’m originally from Falkirk in Scotland. I eventually escaped the rain and the cold and moved to the Cayman Islands in 2015 via a three-year stint in the Channel Islands. Most weekends you’ll either find me by the pool or on the beach enjoying the Caribbean life.
Professional profile: I completed a joint-honours degree in Accountancy and Business Law at the University of Stirling. After completing my studies, I worked for PwC in Guernsey, the Cayman Islands, and London. In February 2018 I returned to the UK as a part of KPMG’s private equity team in Scotland. I returned to the Cayman Islands in October 2018 to join Crowe’s captive insurance practice.
How did you end up in the captive industry?
During my time in Guernsey, Gordon Proctor was the lead audit senior on the insurance team. What started off as a favour to help him out on a few engagements quickly turned into working alongside him on a number of captive engagements. That experience helped me to secure my original move to the Cayman Islands with PwC and then my move into my current role at Crowe. I’m looking forward to being part of Neil Maynard’s team and helping to build the captive practice.
What is your impression of the industry?
Many people outside of the captive industry misunderstand it. Everyone in the industry has the obligation to educate those who know little about captives in order to combat the misinformation that is being spread. In tabloid newspapers and online blogs’ quest to generate the most readers, I often see sensationalised stories that bare little fact to what is actually going on. We as an industry need to change that.
What are your aspirations for your career in the captive industry?
My aspiration is to grow the captive insurance business at Crowe in Cayman and to eventually take over the running of that part of the business. In addition to this, I’d like to get involved more in the industry down in Cayman with the Insurance Managers Association of Cayman, promoting and driving the Cayman Captive industry.
What advice do you have for someone considering a role in the industry?
Get to know as many people as you can in the industry. Sharing points of view with others and listening to their thoughts has benefited me hugely in understanding captives. Although a lot can be learnt from studying, listening to real life stories that people have been involved in has given me context as to why things happen rather than how things happen.
Neil Maynard, audit partner, Crowe “In the short space of time Lawrence Kemp has been with Crowe, he has already made a great impression on colleagues and clients alike. In addition to being technically excellent, Kemp is a very personable guy and he will play an integral role in serving our current clients and continuing to grow our Cayman captive insurance practice.”
