Grand Cayman, Cayman Islands – August 12, 2025 – The Cayman Islands has once again been recognised as a global leader in the captive insurance industry, winning Cell Captive Domicile of the Year and earning Highly Commended in the category of Captive Domicile of the Year – More than $5bn GWP at the prestigious Captive Review US Awards 2025.

The awards celebrate excellence and innovation in the US captive insurance market, recognising jurisdictions, managers, and service providers that have demonstrated outstanding performance over the past year.

Judges praised Cayman as “a leading, well-established domicile for cell captives, known for its flexible, business-friendly regulations, mature ecosystem, and reputation for innovative structures”, highlighting its popularity for A&H, fintech, ILS, and ESG-linked programs, as well as its robust legal and regulatory framework and respected SPC legislation.

IMAC Chair Kieran Mehigan, welcomed the recognition:

“Cayman’s success at the 2025 Captive Review US Awards is a testament to the strength of our regulatory environment, the expertise of our service providers, and our continued ability to innovate in a competitive global market. Winning Cell Captive Domicile of the Year and placing Highly Commended among the world’s largest domiciles reaffirms our position as a premier choice for sophisticated captive structures. This recognition belongs to the entire Cayman captive insurance community.”

The International Insurance Managers Association of Cayman (IMAC) represents Cayman’s captive insurance industry, which is one of the largest in the world, with a long-standing reputation for quality, stability, and innovation.

For more information on the awards, visit Captive Review US Awards.

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About IMAC:

The Insurance Managers Association of Cayman (IMAC) represents the international insurance industry in the Cayman Islands. IMAC liaises with government and the regulator on the industry’s behalf and promotes innovation and international competitiveness to maintain Cayman’s advantageous market position. The Cayman Islands is the second largest domicile in the world for captives and a dominant jurisdiction for healthcare captives, group captives, catastrophe bonds and international reinsurance.

For more information on this release, please contact:

Kevin Poole
Insurance Managers Association of Cayman 
Email: kevin.poole@imac.ky
Phone: +1 (345) 949 4622