The 'responsive and knowledgeable' insurance and reinsurance department at Campbells is a key part of its wider corporate law support to clients and the firm acts for several of the largest insurance carriers in the Caribbean, as well as being counsel of choice for a number of Cayman government agencies. Well versed in the formation, licensing and ongoing operation of insurance managers on the island, the practice is also a robust choice for contentious matters in the insurance space. Alan Craig advises reinsurers established in, or re-domesticating to, the Cayman Islands, as well as foreign insurers that are active in the domestic market. He co-leads the practice group with Mark Goodman, who is focused on litigation, insolvency and restructuring; and Paul Kennedy, also an expert in contentious insurance work.

Conyers houses a fully dedicated insurance and reinsurance law practice that acts for a sizeable percentage of all new insurance licensees, as well as counting the vast majority of commercial reinsurers that are active in the Cayman market. The team’s workload includes the gamut of issues in the practice area, covering captives, agents, brokers, reinsurance, alternative risk transfer, insurance financing, catastrophe bonds and other insurance-linked securities. Derek Stenson leads the team and is counsel of choice to a wealth of international financial and insurance institutions. Philippa Gilkes is a further key name with a dedicated insurance offering, while Sarah Howie and Frank Farrell add further support.

Walkers‘ ‘wonderfully knowledgeable‘ insurance and reinsurance practice is active across the market, including the thriving and increasingly complex life and annuity reinsurance work, and the cross-border insolvency of Premier Assurance Group. The firm continues to have a strong offering in the traditional captive market, while also reflecting the wider market trend of more diverse clients entering the Cayman insurance space. Leadership of the department is shared between specialist financial regulatory and risk management lawyer Lucy Frew, and Philip Paschalides, whose structured finance background and experience is now deployed on insurance matters, developing innovative structures compliant with CIMA. Juliana Tang draws on professional experience at an insurance and reinsurance broker to assist with regulatory matters and cross-border transactions.

As part of its offering across offshore markets globally, the Cayman Islands office at Appleby assists insurance and reinsurance clients with corporate, financing and regulatory matters. Simon Raftopoulos and Jacob MacAdam, whose practice encompasses advising on insurance transactions and regulatory matters particularly in the reinsurance, banking and fiduciary space. Menelik Miller is sought out by insurers, reinsurers, investment companies and fintech clients for her expertise in regulatory issues including license applications, registrations, authorisations, notifications and regulatory filings, areas in which Miriam Smyth is also notably active.

Maples Group acts in a variety of transactional and regulatory matters for its insurance and reinsurance clients, including establishing entities in the Cayman Islands, and advice on financing and M&A. John Dykstra is the key contact in terms of focus on the insurance sector in particular, jointly co-ordinating the practice with finance experts Jonathon Meloy and Tina Meigh. Joe Jackson and Hailee Robinson are support contacts to note.