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News & Articles

Explore the latest news, insights and developments from IMAC and the Cayman Islands insurance industry, including updates on captive insurance, reinsurance, regulation and industry events.

Cayman Islands Captive Insurance Industry Thrives

Nov 10, 2023

The latest insurance sector licensing statistics released by the Cayman Islands Monetary Authority (CIMA) have shown continued international interest in the captive insurance industry, which has maintained its extremely strong position.


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IMAC Golf Day raises US $18,500 for Educational Scholarship Fund!

Nov 3, 2023

George Town, Grand Cayman, 3 November 2023 – The Insurance Managers Association of Cayman (IMAC) is pleased to announce that their 2023 golf scramble held on Friday, 27 October raised over eighteen and a half thousand dollars to benefit their Educational Scholarship Fund.

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The Cayman Islands: A Leading International Financial Centre

Oct 17, 2023

Kevin Poole, the General Manager of the Insurance Managers Association of Cayman, talks about what
makes the Cayman Islands such an attractive location for domiciling a captive insurance company

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Cayman Captive Forum 2023 to focus on key policy and regulatory updates, developments in innovative technologies, and important market factors for captives

Oct 2, 2023

George Town, Grand Cayman, October 02, 2023 – The Insurance Managers Association of Cayman (IMAC) is announcing the full agenda for the Cayman Captive Forum 2023 and registration remains open to take advantage of the world-class expertise and unparalleled networking opportunities at the world’s largest captive insurance event.

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IMAC’s “Saturday Night Fever” Gala Generates Funds to Support Education

Sep 21, 2023

George Town, Grand Cayman, September 21, 2023 – Members of the Cayman Islands Insurance industry came together at the Kimpton Seafire Hotel on Saturday 16th September to support the 11th Annual Gala & Scholarship Fundraiser held by the Insurance Managers Association of Cayman (IMAC). This year the event was disco themed which meant many attendees got into the spirit by dressing up for the evening in full disco gear to dance the night away.

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InsurTech, Innovation, Crypto & Regulation – IMAC Educational Event

Sep 19, 2023

George Town, Grand Cayman, September 19, 2023 InsurTech and Innovation were among the key issues covered at IMAC’s latest in-person educational session for members, held at the Camana Bay cinema.

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Q2 Stats Show Interest in Cayman Insurance Industry Remains Very Strong

Aug 29, 2023

George Town, Grand Cayman, August 29, 2023 The Cayman Islands Monetary Authority (CIMA) recently released licensing statistics for 2Q 2023 which demonstrate the continued strength of the jurisdiction’s insurance industry. Between April and June 2023, CIMA issued licenses to eight new captive insurance companies -- four B(i)s and four B(iii)s -- and three new portfolio insurance companies. In addition, CIMA issued one license for a Class D commercial reinsurer.

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