Highly commended: PwC
Highly commended: Grant Thornton
KPMG’s team was described as very professional to work with, good at meeting deadlines, and good people to work with. The firm provides services to over 300 insurance companies in the Cayman Islands, from single parent captives, insurance segregated portfolio companies and property and casualty insurance and reinsurance companies. It offers services including resident audit, tax, actuarial, and advisory professionals, servicing companies writing traditional as well as specialised lines such as property catastrophe, product warranty and credit life.
PwC has been amassing a highly reputable team of professionals as it competes with KPMG for dominance in the captives space. It brings a global perspective to its Cayman practice, along with in-depth knowledge of local, regional and international issues. Its presence in the Cayman Islands goes back to the 1960s through its legacy firms: Coopers and Lybrand was the first of the major accounting firms to establish a presence in Cayman in 1967, with Price Waterhouse setting up on Island in 1969.
Grant Thornton has been described as professional and helpful, with a team that understands the value-add in an audit and innovating the process. The company has been established in the Cayman Islands since 1978 and has expanded to keep pace with the Islands’ development as the world’s most sophisticated and most successful offshore financial centre. It provides audit and accounting services to a wide range of clients, from captive insurance companies, insurance managers and mutual funds, to local corporations.