Former CIMA head of insurance dies

Gordon Rowell, the former head of insurance at Cayman Islands Monetary Authority and a leading figure in the Cayman insurance industry, has died. 

The Insurance Managers Association of Cayman (IMAC) said it was deeply saddened to learn of Rowell’s passing. In addition to his role at CIMA, Rowell was chief executive officer at the Cayman Islands National Insurance Company Ltd. (CINICO), vice president at Marsh Management Services (Cayman) Ltd., chief reinsurance officer at TWG Re, and chief operating officer of Time Insurance Company II by Haven Holdings.  

IMAC said his expertise extended to consultancy roles with BDO Advisors as a healthcare system consultant to the government of Turks and Caicos Islands, and the International Monetary Fund (IMF) as technical assistant participating in IMF missions to Belize and Vanuatu.

Rowell also worked with the British government during its review of the British Overseas Dependent Territories by KPMG in 2020, and was a member of the delegation working closely with the Financial Action Task Force (FATF).

He was a Fellow of the Life Management Institute (FLMI) of the Life Office Management Association (LOMA), and an Associate in Reinsurance (ARe) of the American institute for Charted Property Casualty Underwriters (AICPCU).

“IMAC recognises Gordon’s immense contributions to the Cayman Islands insurance market and extends heartfelt condolences to his family, friends and colleagues,” IMAC said. 

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