Bahamian firm Nichol & Co sets up captive facility

Bahamian actuarial and risk consulting firm Nichol & Co has set up a new subsidiary, Nassau Captive Management Services.

Nassau Captives, while based in the Bahamas, will provide captive insurance services to both international and local clients.

Spearheading Nassau Captives is Rayon Brown, consulting actuary at Nichol & Co, who serves as director.

Brown suggested Nichol & Co found it necessary to establish this Nassau Captives to be able to offer a full solution for clients with complicated risk financing requirements.