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ARTICLE · 12 JANUARY 2018

Beijing And Guernsey In Captive Insurance Joint Venture

Guernsey Finance
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Beijing Airport Captive Management Consulting (BACM) has established a joint venture with the Guernsey-based independent insurance manager Alternative Risk Management (ARM).

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Charles Scott
Charles Scott
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Beijing Airport Captive Management Consulting (BACM) has established a joint venture with the Guernsey-based independent insurance manager Alternative Risk Management (ARM).

The partnership will see ARM assist and work alongside BACM in the creation of captive structures and the provision of captive management services for Chinese businesses.

BACM is the only captive insurance consulting group in China and is backed by the Beijing Airport Economic Core Zone (BAECZ) – a key hub for China's business, industrial and creative sectors. Guernsey Finance, the promotional agency for the island's finance sector, signed a Memorandum of Understanding (MoU) with the BAECZ on behalf of Guernsey's finance sector in March this year.

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