The 'responsive and knowledgeable' insurance and reinsurance department at Campbells is a key part of its wider corporate law support to clients and the firm acts for several of the largest insurance carriers in the Caribbean, as well as being counsel of choice for a number of Cayman government agencies. Well versed in the formation, licensing and ongoing operation of insurance managers on the island, the practice is also a robust choice for contentious matters in the insurance space. Alan Craig advises reinsurers established in, or re-domesticating to, the Cayman Islands, as well as foreign insurers that are active in the domestic market. He co-leads the practice group with Mark Goodman, who is focused on litigation, insolvency and restructuring; and Paul Kennedy, also an expert in contentious insurance work.
Legal 500 Editorial commentary
Profile
Work Department
Corporate & Commercial, Insurance, Investment Funds
Position
Managing Partner, Head of Corporate
Career
Alan is a partner and head of Campbells' Corporate Department where he specialises in the establishment of venture capital funds and related investment vehicles, and the structuring and licensing of insurance companies. His practice also includes advising on cross-border corporate finance and M&A transactions. Alan was admitted as an attorney in the Cayman Islands in 1999 and joined Campbells in 2009.
His areas of expertise include: investment funds, insurance, corporate finance, mergers and acquisitions and capital markets and securitisation transactions.
Alan is recognised as having particular experience in the establishment of venture capital funds and related investment vehicles, and the structuring and licensing of insurance companies.
Memberships
Insurance Managers Assocation of Cayman Limited (IMAC)
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Testimonials
Collated independently by Legal 500 research team.
‘One of the strengths of the firm is their insurance knowledge for life and reinsurance licensees. We depend on them to assist us in all of our life insurance matters.’
‘Alan Craig has extensive knowledge in Cayman insurance laws and is the go-to person for insurance related matters.’
‘The Campbells team are responsive and knowledgeable, and have a depth of experience across many industries.’
‘The team are great to deal with and always willing to discuss client challenges.’
Key clients
- AEsir Insurance
- Gerald
- Redpoint
- Deliver Re
- Tango Re
- S.I.P.P. Insurance
- Westgrove Insurance
- Touchstone Insurance
- USC Preferred Insurance
- Equity International
- ASIC
- Royal Star
- Epic Re
- Sunrise Professional Indemnity SPC
- Alembic
- Allied Indemnity
- Aegis Insurance
- Roosevelt Insurance
- Next Era Energy / Palms Insurance
- Eastern Re
- Innova Re
- Marsh
- Athene
- Willis Towers Watson
- Cooper Gay / Ed Broking
- Island Heritage
- ICWI (Insurance Company of the West Indies)
- Guardian Life
- Global Captive Management
- Artex Risk Solutions
- Caribbean Catastrophe Risk Insurance Facility
- Guardian General
- Strategic Risk Solutions
- Beecher Carlson
- Crum & Forster
- Cottingham & Butler
- UnitedHealth Group
- Innovative Captive Strategies
- Caribbean Alliance
- Pan-American Life Insurance Group
- Investors Trust Assurance
- DiffRins Insurance Company
Work highlights
Acting for Palms Insurance, the insurance subsidiary of NextEra Energy, on its Cayman operations.
Representation of CCRIF SPC (The Caribbean Catastrophe Risk Insurance Facility), the regional insurer of catastrophe risks to Caribbean and Latin American governments.
Advising a US life insurer in relation to funding arrangements totalling $5bn in aggregate.