James Trundle, Global Captive Management (GCM) Vice President
24 February 2023Analysis

GCM strengthens position in captive market with new hire

Global Captive Management (GCM) has added James Trundle as Vice President. According to the company this key hire will allow it to continue to strengthen its position in the captive marketplace.

Trundle’s appointment is subject to the approval of the Caymanian Status and Permanent Residency Board as necessary.

Trundle, who has nearly 22 years of financial services experience in the Cayman Islands, Bermuda, and London markets, has spent the past 10 years working with another captive manager in the Cayman Islands as client services director. Through leading a team of professionals, he was responsible for a large portfolio of clients such as group captives, reinsurance companies, insurance linked securities, and traditional single parent captives.

Ian Bridges, senior Vice President, shareholder noted, “Adding someone of James’ experience and qualifications is a huge win for GCM. James has instantly expanded our business network and made an immediate impact assuming lead responsibility of a portfolio of clients. Adding another client leader provides additional capacity to all Senior Management and, in my case, has allowed me to continue to focus on business development initiatives and our consulting practice.”

“James is a trusted name in the industry and has specialized in group captives, for which GCM is already an established market leader,” said Jennifer Reid, senior vice president, shareholder. “With his group captive experience as well as reinsurance expertise, GCM continues to bring leadership in these industry segments.”

Reid continued, “There is more energy at GCM than ever before. We just moved into our entirely renovated office space last month, are on the precipice of forming several new cells and captives, and proud to manage the recently announced sustainability-minded group captive in collaboration with Zurich North America and Innovative Captive Strategies. With the recent promotion announcements of Charlene Tilbanie and Felisa Player, adding James only builds on that momentum and further bolsters our reputation in the industry.”