01-Jan-2018
2018-01 January Newsletter
Welcome to the January edition of IMAC news
This month...
- Introducing the new IMAC executive commitee
- January blog - Bitcoin
- Q4 results have been announced
- Why manage cyber risk though an insurance captive?
- Cayman Finance breakfast briefing in New York
- Upcoming events and activities
- Elsewhere in the news
New IMAC board:
2018 sees a new incoming board. We welcome both existing and new executive committee members and look forward to delivering some ambitious plans for IMAC:
Erin Brosnihan - IMAC Chair and Scholarship Committee Chair
Colin Robinson - IMAC Vice-Chair
James Owen - Treasurer
Jennifer Reid - Secretary
Jayne Lawless - Education and Social Committee Chair
Kevin Poole - Forum Committee Chair
Adrian Lynch - Marketing Committee Chair
Dena Thompson - Legislative & Regulatory Committee Chair
James Rawcliffe - Research & Development Committee Chair
January blog - Bitcoin:
Bitcoin, blockchain and cryptocurrency - oh my! In this month's blog we tackle these revolutions in technology and what they mean for the insurance indutry and the rest of the world. Read all about it here.
Q4 results announced
We are delighted to announce that the results of 2017 prove Cayman is still a leading domicile for quality formations!
The results for the final quarter of 2017 have been revealed by CIMA, with 33 new formations under a total of 26 managers. Total premiums were reported at US$12.4 billion and total assets at US$61 billion.
Read more here.
Why manage cyber risk through an insurance captive?
Rebecca Cady from the Children's National Health System and Bob Chaput from Clearwater Compliance answer this question here.
Cayman Finance breakfast briefing in New York
IMAC's Adrian Lynch, Melissa Johnson and Martin Cooke joined Cayman Finance at their New York breakfast briefing last week to hear all about the Cayman Islands Financial Services Industry’s initiatives and ongoing commitment to excellence, innovation and balance. The team were also lucky enough to be invited to the Nasdaq Stock Market for the closing bell ceremony!
Upcoming events and activities
15/4/18: RIMS 2018
Keep an eye on caymancaptive.ky for other upcoming member events too.
Elsewhere in the news...
19/1/18: ANZ Wealth exploring AI for insurance underwriting
25/1/18: Aon says 2017 was costliest on record for weather disasters
