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ARTICLE · 23 MARCH 2015

Captive Insurance – Expertise And Experience In Guernsey

Dominic Wheatley, chief executive of Guernsey Finance, spoke to Captive Review about the island’s emerging opportunities.

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Dominic Wheatley, chief executive of Guernsey Finance, spoke to Captive Review about the island's emerging opportunities.

Having taken over the reins at Guernsey Finance at the beginning of December 2013, I have been extremely busy getting up to speed with the various facets of the financial services industry the organisation represents in the island. Of course, one area where I require less assistance is that of insurance.

From my time with the Willis Global Captive Practice I am well versed in the strengths of the insurance market locally, particularly in the area of captive insurance. As Europe's number one captive insurance domicile, the island plays host to a large number of subsidiaries of global names such as AIG, Aon, Artex, Barbican, Catlin, Generali, Hiscox, Jardine Lloyd Thompson, Marsh, Old Mutual, Royal & Sun Alliance, SCOR and Willis, as well as independent, boutique operators such as Alternative Risk Management (ARM) and Kane.

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