Fiona Le Poidevin, Chief Executive of Guernsey Finance,
explains why Guernsey is the European leader for captive
insurance.
A location where you'll find expertise and experience.
Recent data suggests that the developed global economies are
recovering from the financial downturn and the UK is making much
quicker progress than many other comparable centres.
However, I am sure that despite this upturn in prospects many
business leaders will be keen to take advantage of the cost savings
and risk management efficiencies afforded by captive insurance. If
you do then it is worth considering that a very important factor in
establishing a captive is the choice of domicile.
Guernsey's first captive insurance company was established
in 1922 and this heritage has helped the Island grow significant
experience and expertise. Today, the Island plays host to leading
global captive insurance managers such as Aon, Jardine Lloyd
Thompson, Marsh and Willis as well as independent,
