Marsh Cayman has announced the recent licensing of its new segregated portfolio facility in Cayman, Mangrove Insurance SPC (Cayman).
With the composite licence it provides for opportunities in both general and long term types of business, the company said.
Marsh added that it looks forward to offering another alternative solution in managing risk.
“We’re thrilled to announce the licensure of our new protected cell facility in Cayman, Mangrove Insurance SPC (Cayman),” said Kieran Mehigan, managing director, Cayman Islands, Marsh Captive Solutions, in a statement on LinkedIn.
10 March 2024 Kevin Poole of the Insurance Managers Association of Cayman provides an overview of the Cayman Islands’ past two decades in captives and looks ahead to what’s on the horizon.
10 March 2024 Kevin Poole of the Insurance Managers Association of Cayman provides an overview of the Cayman Islands’ past two decades in captives and looks ahead to what’s on the horizon.