CWC appointments as consultant looks to next chapter of growth

17-01-2022

CWC appointments as consultant looks to next chapter of growth

Dominic Wheatley, Cutts-Watson Consulting

Guernsey captive services business Cutts-Watson Consulting (CWC) has made two appointments to its management team, promoting Dominic Wheatley to managing director and Graham Powell to head of consulting.  

Both are already consultants with the business. Wheatley, formerly chief executive of Guernsey Finance, which promotes the island as a financial services centre, joined CWC in June 2020. He continues as executive director of protected cell company Falcon Insurance PCC part-time and non executive director of several captives on the island. 

Powell has been with CWC for over five years, joining after more than three decades with Aon Insurance Managers, where he was executive director.

“Given their familiarity with CWC’s ethos and business model, together with their deep knowledge of the insurance sector, it was the logical choice to invite them to assume greater responsibility for directing the business,” said CWC founder and executive chairman Malcolm Cutts-Watson.

“The independent risk consulting model has proved to be very successful, and we are planning for the next chapter of growth. Graham has been with CWC since the beginning and is a key contributor to its success. I have known, and worked with, Dominic for many years, so understand the value he brings to a business.”

Wheatley added: “Under Malcolm’s leadership, Cutts-Watson Consulting has established itself over the last six years as a leading provider of independent captive advice. The business model he has established continues Malcolm’s long-term commitment to the recognition of captive insurance as a distinct discipline in its own right and the value of specific expertise and experience in advising on the design, implementation, and operation of captive structures, strategies and programs.”

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Captive International