We specialise in the auditing of offshore mutual funds and captive insurance companies. Our clientele also includes banks, hotels, and many other local enterprises. We also provide accounting services and financial advice to growing businesses.
Exceptional client service lies at the heart of what we expect from every member of BDO. This exceptional service is achieved by listening to our clients and developing strong and personal relationships so that we truly understand our clients’ concerns.
BDO Cayman have experience working with clients in all aspects of the insurance industry. We currently have over 70 insurance clients and are continuing to grow that number each year. The size of the captives we audit range from under $1 million to over $300 million in premiums and cover many different structures and types.
We are part of the world’s fifth largest accountancy firm meaning we also have access to a myriad of audit, actuarial, taxation, consulting and other insurance-related resources by virtue of our relationships with other BDO Member Firms in 138 other countries across the globe and strategic alliances with other non-BDO firms.
BDO Cayman is the largest of the mid-tier accounting firms in Cayman. Our teams are highly skilled and focused on what is important to achieve a successful outcome and our partner led approach means that you get relevant opinions, quick decisions and active leadership from our most experienced people. Our ambition is to be the best and as such, we are committed to providing higher service levels to our clients. Exceptional client service lies at the heart of what we expect from every member of BDO.
+1 (345) 815-4511
Glen is the Managing Partner and International Liaison Partner for the BDO Cayman office. He has experience in audits and voluntary liquidations, he is also an experienced court appointed liquidator for Cayman regulated funds. His portfolio includes a variety of industries but predominantly investment funds. The funds cover a multitude of strategies, structures, jurisdictions of the managers and other service providers and accounting standards.He has a wealth of experience in United States and International accounting principles.
+1 (345) 815-4520
Paul has 14 years of assurance, tax and consulting experience in Canada and the Cayman Islands. He has been with BDO in the Cayman Islands for 7 years, handling all of the insurance captive clients in the Firm’s portfolio during this time. Paul has obtained the ACI (Associate in Captive Insurance) designation from the International Center for Captive Insurance Education, a widely-regarded certification within the industry. He also oversees and signs off on a number of the Firm’s hedge fund audits, management and trust companies, and certain locally-based clients, covering a wide range of industries.
+1 345 815 4515
Michael Garofalo joined the BDO Cayman office in October 2008 and has over 11 years of experience in audit. He specialises in investment funds and insurance captives and has considerable experience in IFRS, US GAAP and Canadian GAAP. Michael is a chartered accountant and a CFA charterholder and has a Bachelor of Administrative Studies Honours from York University. He is a member of the Cayman Islands Society of Professional Accountants, the Canadian Institute of Chartered Accountants and the CFA Society Cayman Islands.