Peter Child, Chairman of the Guernsey International Insurance
Association, speaks to Captive Review about the uniqueness of
Guernsey.
Captive Review (CR): How does Guernsey differentiate
from other jurisdictions? What are its main attractions and how
does it stay ahead of the pack?
Peter Child (PC): In the current climate
differentiation is more important than ever. Lots of jurisdictions
are similar as we are all guilty to some extent of copying one
another's legislation in order to stay in line with the latest
innovations. This has always been the case in our market and shall
continue.
Despite this, Guernsey has always gone that extra mile as our
aim is to stay ahead of the pack, take our PCCs and ICCs for
example. Importantly, one key area that has assisted Guernsey's
variety is that we have always possessed the size and momentum of
business to enable the employment of a large number of
professionals within the captive management insurance sphere. This
means
