Guernsey’s Insurance Advantage

Martin Le Pelley, Compliance Director at Heritage Group and former Chairman of the Guernsey International Insurance Association, looks at Guernsey's expertise across the global insurance sector.

Guernsey has had a thriving insurance industry for many years. One of the key strengths of the Guernsey insurance market is the experience and knowledge of the professionals in the industry, while the market is also remarkably diverse in terms of its participants. The island's position as the largest captive insurance domicile in Europe is well publicised, but the island is home to a number of niche commercial insurers, specialising in a wide variety of insurance, life insurance and reinsurance products.