George Town, Grand Cayman, December 19, 2024 – The Insurance Managers Association of Cayman (IMAC) is deeply saddened to learn of the passing of Gordon Rowell, former Head of Insurance at the Cayman Islands Monetary Authority (CIMA), and a highly respected figure in the Cayman Islands insurance industry.

Beyond his role at CIMA, Gordon held senior positions with various organizations, including Chief Executive Officer at the Cayman Islands National Insurance Company Ltd. (CINICO), Vice President at Marsh Management Services (Cayman) Ltd., Chief Reinsurance Officer at TWG Re, and Chief Operating Officer of Time Insurance Company II by Haven Holdings.  

His expertise extended to consultancy roles with BDO Advisors LLC as a healthcare system consultant to the government of Turks and Caicos Islands, and the International Monetary Fund (IMF) as technical assistant participating in IMF missions to Belize and Vanuatu.

Gordon also worked with the British government during its review of the British Overseas Dependent Territories by KPMG in 2020, and was a member of the delegation working closely with the Financial Action Task Force (FATF).

He was a Fellow of the Life Management Institute (FLMI) of the Life Office Management Association (LOMA), and an Associate in Reinsurance (ARe) of the American institute for Charted Property Casualty Underwriters (AICPCU).

IMAC recognizes Gordon’s immense contributions to the Cayman Islands insurance market and extends heartfelt condolences to his family, friends and colleagues.

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.