Guernsey Experts Stir Up Captive Insurance Interest Among Brokers

Two practitioners from Guernsey's finance industry stirred up significant interest in the Island's captive insurance sector when they presented at the British Insurance Brokers' Association (BIBA) annual conference last week.

Mike Johns, Chief Underwriting Officer at Alternative Risk Management (ARM), and Paul Eaton, Director of New Business at Heritage Insurance Management, attracted more than 60 delegates to their fringe session on captive insurance during day one of the conference held in Manchester.

The presentation looked at the potential benefits of captive insurance for brokers and their clients who are small to medium sized enterprises (SMEs) and the merits of using Guernsey for this business. It prompted an extended question and answer session and also resulted in a number of follow-up inquiries.