George Town, Grand Cayman, November 04, 2024 – The Insurance Managers Association of Cayman (IMAC) announces that its 2024 Golf Scramble, held on October 25, raised US$17,000 for the Educational Scholarship Fund.

This year’s winning team, representing PwC, delivered an impressive score, narrowly surpassing the teams from TRAC and Grant Thornton. While no one claimed the hole-in-one prizes, the event celebrated the community’s spirit and commitment to education.

The event was co-sponsored by Grant Thornton, Scotiabank & Trust (Cayman) Ltd. and Conyers, with Grant Thornton also sponsoring a US$1M Hole-in-One Challenge, and TRAC Automotive sponsoring a further Hole-in-One car prize challenge.

“Grant Thornton is proud to support the IMAC Educational Scholarship Fund Golf Scramble as Title Sponsor for the sixth consecutive year,” says Dara Keogh, Managing Partner of Grant Thornton (Cayman) LLP. “We are passionate about the educational development of young Caymanians and look forward to seeing everyone next year to continue supporting a worthy cause.”

Raffle items were also donated by Governors Village, Sunshine Suites, Market Street Group, Cayman Physio, the Cayman Captive Forum Committee and North Sound Golf Club.

Marcus Stafford, Director of Captive Insurance Services at Scotiabank & Trust (Cayman) Ltd. commented, “Scotiabank is proud to continue to be a Title Sponsor of the IMAC golf event supporting the industry to raise funds for their Scholarship Fund. The education of our future leaders is at the heart of our core values that we commit to for the future.  A big thank you and congratulations to all involved and we look forward to seeing you again next year.”

Philippa Gilkes, Counsel at Conyers also shared, “Conyers was a proud sponsor of the 2024 IMAC Golf Scramble, in aid of the IMAC Educational Scholarship Fund. We were pleased to see such a great turnout at the event, and we thank everyone involved for contributing to the event’s success.”

IMAC extends heartfelt thanks to Grant Thornton, Scotiabank and Conyers as the title sponsors, along with the players, volunteers, North Sound Golf Club, TRAC Automotive, Dining at Home and to all local companies that donated goods and services to support this event.

Since its inception, IMAC’s Educational Scholarship Fund has raised over $5 million, supporting 74 Caymanian students in furthering their education. More information on the scholarship can be found at www.imac.ky/imac-scholarship-fund.

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.