The Cayman Captive Forum is on track to at least match the attendance of 1400 registered last year, according to the Insurance Managers Association of Cayman (IMAC), which is hosting the event.
The Forum, which takes place at the The Ritz-Carlton from December 3-5, covers many issues related to the captive industry in Cayman, but has a particular focus on healthcare captives.
“As Cayman is the leading domicile globally for healthcare captives there continues to be a healthcare focus in the Forum agenda, but we have made an effort to broaden the themes into some other areas as well,” said Melissa Thomas, director of captive services at Aon in Cayman, and member of the Cayman Captive Forum sub committee at IMAC. “This year we have discussions on blockchain, insurtech and captive expansion opportunities, for example.”
However, the conference is about more than listening to panels and speeches, said Thomas. “We take care to ensure there are plenty of interesting discussions, but people come here as much for the networking as the sessions themselves,” she said.
“Delegates should not miss the three evening events: The welcome reception at the North Sound Pool on Tuesday, at Camana Bay on Wednesday and then the fireworks at Seven Mile Beach on Thursday.”
Reflecting the composition of Cayman’s insurance business, which is overwhelmingly tied to North America, the majority of attendees fly in from the US. This year there will be representation from Canada, as Cayman looks to deepen its ties there.
The majority of delegates at the Cayman Captive Forum are repeat attendees, with a relatively small number of first timers attending each year, but the conference is designed to be available to people at every level, including newbies.
Delegates who are not ready for the more technical discussions that will be taking place over the course of the week should attend sessions on Tuesday morning that are designed to be an introduction to the industry.
Thomas said: “One tip for first time attendees is that they make time to browse the exhibit hall, and meet the service providers that are presenting there. They are the ones who really make Cayman the jurisdiction of choice for captives.”
Thomas added: “I would definitely recommend attendees catch Michael Bazzell’s talk [on Thursday morning]. He is a computer crime specialist and has been a conference favourite for the last few years. He always finds new ways to bring the subject of cyber security to life, and in past years attendees have left his talk frantically changing their passwords.”
Insurance Managers Association of Cayman, IMAC. Melissa Thomas