Captive International Cayman Awards: law firm
Winner: Conyers Dill Pearman
Highly commended: Campbells
Highly commended: Bedell Cristin (Solomon Harris)
Conyers’ practitioners have outstanding knowledge of the Cayman regulatory framework, the firm having contributed to drafting the legislation and regulations in Cayman and the other jurisdictions in which it operates, it says. The firm advises clients on a range of services, including structuring advice and licensing services for the establishment of insurance captives. Its lawyers are commercially focused and are experts in all aspects of captives and alternative risk transfer, as well as the broader insurance, reinsurance and ILS markets.
The Campbells insurance practice is led by partner Alan Craig and is recognised as holding a leading position among law firms in the insurance/reinsurance sector of the Cayman Islands. It advises on the establishment of both captive insurers and reinsurance entities in the Cayman Islands. The practice says it includes corporate and regulatory work for insurers and reinsurers, whether captive or otherwise, and advising local insurers on domestic insurance law matters and dispute resolution. It also advises special purpose insurance companies.
When Bedell Cristin, the Channel Islands-based law firm, acquired Solomon Harris just over a year ago it was strengthening its presence in the Cayman market. It says Solomon Harris was one of the most reputable law firms for captive insurance in Cayman, working with captive owners, onshore brokers and Cayman insurance managers, offering a full range of services. With Bedell already a captive expert in Guernsey, the addition of the Solomon Harris lawyers establishes Bedell Cristin as a top tier law firm in Cayman.