Guernsey has been named the best non-EU domicile at the European
& UK Captive Awards.
The awards, hosted by insurance publication Captive Review,
recognise excellence in the delivery and management of captive
insurance and celebrate those who have excelled in the last
year.
Guernsey was named non-EU captive domicile of the year ahead of
five other shortlisted jurisdictions: Bermuda, British Virgin
Islands, Delaware, Isle of Man and the State of Vermont. The award
was collected on behalf of industry by Ian Morris of BWCI.
In announcing the winner the judging panel, which comprised of
insurance and captive management professionals with deep expertise
in the industry, said they were impressed by Guernsey's
commitment to innovation in alternative risk financing,
highlighting the recent formation of Dom Re IC, a Guernsey
incorporated cell company issuing digitised notes on a private
blockchain.
