GEORGE TOWN, GRAND CAYMAN — Kieran O’Mahony of Marsh Cayman has taken the Insurance Managers Association Cayman (IMAC) reins from outgoing chairperson Rob Leadbetter at the 2015 Annual General Meeting, which was held 22 January 2015.

Joining him as the new board are: Linda Haddleton (Kane), Vice Chair and Chair of Education Committee; Stephen Gray (Willis), Treasurer; Jennifer Reid (Global Captive Management), Secretary; John Pitcairn (Artex), Chair of Educational Scholarship Foundation; Erin Brosnihan (Kensington), Chair of Forum Committee; JS de Jager (CSI International), Chair of Marketing Committee; Seamus Tivenan (SRS), Chair of Regulatory and Legislative Committee; and Adrian Lynch (Aon), Chair of Research and Development Committee.

To the 145 members present at the AGM, Rob Leadbetter expressed his thanks to his board for their support and hard work over the last two years and he welcomed Kieran O’Mahony to the chair. “As a group, we have accomplished great things for Cayman’s captive insurance industry and I am confident that under Kieran, the association will continue to carry the flag for Cayman and to work tirelessly to ensure its continued dominance and strength in the industry,” said Leadbetter.

O’Mahony’s plans for his term as IMAC Chairperson include continuing to develop the relationship between industry and legislators and regulators, and to proactively promote Cayman’s captive insurance industry in its existing and new markets. “Cayman has an exceptional story to tell – a fantastic product with world-class managers and service providers, and a lengthy history of providing an innovative and business-oriented environment that is trusted the world round,” he said.

The Educational Scholarship Committee also made a presentation, noting that through their efforts, 27 Caymanian students have now gone to university, backed by IMAC $2.3 million in IMAC Scholarship funding.

Insurance Managers Association of Cayman (IMAC) is a non-profit organisation run by the insurance managers of the Cayman Islands. In operation since 1981, IMAC’s aim is to act as both regulatory liaison with the Cayman Islands Government and to promote the Cayman Islands as a domicile of choice for captive insurance companies.

IMAC hosts the world’s largest captive insurance conference, attracting nearly 1,500 captive managers, service providers and directors annually.

For more information on IMAC visit www.caymancaptive.ky

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