Leading Alternative Insurance Market Opens Doors In Guernsey

Mutual Risk Management Limited (MRM) announces a new partnership with Wilde & Co Group in Guernsey. This joint venture between MRM and Wilde & Co Group provides for a new Guernsey branch operation for Mutual Indemnity (Bermuda) Limited (MIL) and a new captive management operation, Mutual Risk Management (Guernsey) Ltd (MRM (Guernsey)).

MIL, an alternative market provider and subsidiary of MRM has been granted registration under the Insurance Business (Guernsey) Law 1986. In addition to the traditional captive management operations, MRM (Guernsey) will handle the promotion and administration of MIL's branch operation.

MRM was listed on the New York Stock Exchange in June 1991 and trades under the symbol "MM". The Company is a world leader in providing risk management services to clients seeking an alternative to traditional commercial insurance. The alternative market which includes both self insurance and captive insurance programmes is one of the fastest growing segments of the