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ARTICLE · 25 MARCH 2014

Captive Insurance – Know Your Service Provider

The captive industry is seeing a growing trend for captive entities to forge relationships with partners who are already connected to their parent company.

GuernseyInsurance

The captive industry is seeing a growing trend for captive entities to forge relationships with partners who are already connected to their parent company. Gavin Parker, head of captive insurance at Barclays in Guernsey, argues that this approach has several benefits for all parties and that Guernsey is leading the way in establishing and promoting these multi-faceted relationships.

Guernsey remains a leading international financial centre, with strong expertise in the fiduciary, funds, investment and banking sectors, in addition to being Europe's largest captive insurance centre and the fourth largest globally.

A key part of Guernsey's success has been its proactivity in promoting the capabilities of the island and establishing strong long-term relationships with key business partners and introducers.

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