Insurance Managers Association Cayman (IMAC) Elects New Board

Kieran O’Mahony of Marsh Cayman has taken the Insurance Managers Association Cayman (IMAC)* reins from outgoing chairperson Rob Leadbetter at the 2015 Annual General Meeting, which was held 22 January 2015.

Joining him as the new board are: Linda Haddleton (Kane), vice chair and chair of Education Committee; Stephen Gray (Willis), treasurer; Jennifer Reid (Global Captive Management), secretary; John Pitcairn (Artex), chair of Educational Scholarship Foundation; Erin Brosnihan (Kensington), chair of Forum Committee; JS de Jager (CSI International), chair of Marketing Committee; Seamus Tivenan (SRS), chair of Regulatory and Legislative Committee; and Adrian Lynch (Aon), chair of Research and Development Committee.

O’Mahony’s plans for his term as IMAC chairperson include continuing to develop the relationship between industry and legislators and regulators, and to proactively promote Cayman’s captive insurance industry in its existing and new markets. “Cayman has an exceptional story to tell – a fantastic product with world-class managers and service providers, and a lengthy history of providing an innovative and business-oriented environment that is trusted the world round,” he said.

The Educational Scholarship Committee also made a presentation, noting that through their efforts, 27 Caymanian students have now gone to university, backed by $2.3 million in IMAC scholarship funding.

*IMAC is a non-profit organization run by the insurance managers of the Cayman Islands. In operation since 1981, IMAC’s aim is to act as both regulatory liaison with the Cayman Islands government and to promote the Cayman Islands as a domicile for captive insurance companies.

Source: Insurance Managers Association of Cayman (IMAC)