Taking Advantage Of Change

Originally published as the welcome note to the Captive Review, Guernsey Report, October 2008

Richard Le Tocq, chairman of the Guernsey Insurance Company Management Association (GICMA), discusses the number of challenges Guernsey faced in 2008, and how it turned change to its advantage

This year sees the Guernsey Insurance Company Management Association celebrate its 25th anniversary; having been formed three years before The Insurance Business (Guernsey) Law, 1986 was introduced.

It is both an honour and a pleasure to be added to the illustrious list of chairs. Of course, my mentor Nick Wild and his mentor John Parkinson having served 10 and 20 years earlier respectively would argue that recent chairs have it easy only having to serve one year.