Legal Services
Insurance
Advising on the laws of the BVI, the Cayman Islands and Ireland, our global Insurance team of lawyers help to shape the insurance sector by providing expert legal advice on insurance vehicles, establishing insurance companies, insurance management and broker operations, catastrophe bond vehicles and other insurance-linked products, captive insurance, reinsurance and sidecars, licensing of insurers, managers and brokers and corporate advisory.
OVERVIEW
We are specialists in insurance vehicles as well as alternative risk transfer such as catastrophe bond vehicles and other insurance linked products. Our experts are also experienced in establishing insurance companies, insurance management and broker operations.
Our services include:
- Regulatory compliance
- Licensing of insurers, managers and brokers
- Captive insurance
- Catastrophe bond and other special purpose insurers
- Reinsurance and sidecars
- Corporate advisory
Our team has a real depth of knowledge that can add value from the beginning. In the Cayman Islands, for example, we enjoy an excellent relationship with the Cayman Islands Monetary Authority, local audit firms and the local insurance managers association. We assisted with the drafting of the Cayman Islands insurance laws, related regulations and amendments and have unrivalled understanding of the regulatory environment. We continue to shape the insurance sector by working on innovative products.
In addition, our Dispute Resolution & Insolvency team has a deep understanding of the needs of insurers and policyholders in case of dispute resolution. We also advise across the whole spectrum of corporate law, from corporate formality / corporate governance at one end, to cross-border mergers and acquisitions of insurers at the other end.
Through our Fiduciary Services team, the Maples Group provides a truly comprehensive approach to insurance management by delivering a full range of services via a global team of professionals. Our service offering seamlessly combines accounting, fiduciary, administration, corporate, company secretarial and board support and regulatory and compliance services to create a best-of-breed solution for insurance entities.
Related Contacts
KNOWLEDGE
- ICLG Insurance & Reinsurance 2024: Cayman Islands 18 March 2024
- Cayman Islands Anti-Money Laundering Surveys for Financial Service Providers 22 September 2022
- The Insurance and Reinsurance Law Review 2021: Cayman Islands 10 May 2021
- Cayman Islands Update: Economic Substance and CbCR - January 2021 21 January 2021
- Cayman Islands Economic Substance Reporting and Notification October 2020 21 October 2020