In a recent Captive Review World Domicile Update feature, IMAC General Manager Kevin Poole, highlights the surge in interest for Segregated Portfolio Companies (SPCs), Portfolio Insurance Companies (PICs), and Group Captives in the Cayman Islands – particularly among mid-market and SME clients seeking flexible, cost-effective and tailored insurance solutions.

Cayman has long been a leader in SPC legislation, offering strong asset protection and operational efficiencies. PICs, introduced in 2015, provide the governance and legal status of standalone captives while retaining SPC advantages. Group captives continue to expand rapidly, attracting businesses from diverse industries to share costs, manage risk collectively, and benefit from performance-based dividends.

With robust regulation, innovative structures and an attractive business environment, the Cayman Islands remains at the forefront of the global captive insurance market – offering sophisticated risk financing solutions for today’s evolving needs.

Click here to read the full Captive Review article.