Captive International names the winners of the 2020 Captive International Cayman Awards
The winners of the Captive International Cayman Awards were selected based on responses to an online poll, as well as phone interviews with selected contacts, taking into account the effectiveness, efficiency and professionalism of institutions in a range of categories relevant to the industry.
In the second year of the Captive International Cayman Awards, USA Risk was named as the Captive Management Firm of the Year, with Willis Towers Watson, Strategic Risk Solutions, and Artex all highly commended.
SIGMA Actuarial Consulting Group has been named as both the Actuarial Firm of the Year and the Feasibility Study Firm of the Year, with Willis Towers Watson highly commended as a provider in both categories. Pinnacle was highly commended as an actuarial firm, while Aon was highly commended as a feasibility firm.
Conyers was named Law Firm of the Year, with Campbells and Walkers both highly commended, while Grant Thornton was named Accounting Firm of the Year, with RSM and PwC highly commended.
Scotiabank won the awards for Bank of the Year and Letters of Credit & Trusts Provider of the Year. Butterfield and Cayman National were both highly commended for the banking award, while Comerica and Wells Fargo were highly commended for their work providing letters of credit and trust services.
Graystone Consulting, part of Morgan Stanley, was named Asset Management Firm of the Year, with London & Capital and RBC both highly commended.
The Hartford won the award for Fronting Insurer of the Year, with Willis Towers Watson, Zurich and AIG all highly commended. Swiss Re was named Reinsurer of the Year, with Greenlight Re and United Insurance highly commended, while Willis Towers Watson was named Reinsurance Broker of the Year, with Kirkway International highly commended.
Individual awards
The Captive International Cayman Awards recognised the efforts and achievements of individuals working in or with the captive insurance industry in Cayman.
Lesley Thompson of Willis Towers Watson took home the individual award for captive management provider, with Paul Macey of USA Risk and Kevin Poole of Artex both highly commended.
It was a clean sweep for Conyers in the individual awards, with Derek Stenson named as the top lawyer, with Rob Humphries and Paul Scrivener, both also of Conyers, highly commended.
In the accounting category Grant Thornton’s Dara Keogh was named the winner, with Alan Shek of the same firm highly commended, alongside Damian Pentney of PwC.
Al Rhodes of SIGMA Actuarial Consulting Group won the individual prize for his work as an actuary and for offering feasibility services. Joe Herbers and Robert Walling, both of Pinnacle, were highly commended as actuaries, while Bruce Whitmore of Willis Towers Watson and Adrian Lynch, who at the time was at Aon Cayman, were both highly commended for feasibility services.
Marcus Stafford and Conor McHugh of Scotia were named as winner and highly commended, respectively, for the individual banker award, while Marty Ellis of Comerica was also highly commended.
Steve Gaziano of Morgan Stanley won the individual award for asset management, ahead of Lisl Lewis of London & Capital who was highly commended.
The Hartford’s Joe Lucy won the individual award for fronting services, with Bob Gagliardi of AIG and Todd Cunningham of Zurich both highly commended.
For reinsurance services, Tim Adair from United Insurance took the top spot, ahead of Robley Moor of Swiss Re and Jim Ehman of Greenlight Re, who were both highly commended.
For reinsurance brokerage services, Michael Woodroffe of Kirkway International was named winner of the individual award, while Scott Strenge and Paul Herriott, both of Willis Tower Watson, were highly commended.
The full list of the awards is as follows:
Captive Manager: Firm
Winner—USA Risk
Highly Commended—Willis Towers Watson
Highly Commended—SRS Highly Commended
Highly Commended—Artex Highly Commended
Captive Manager: Individual:
Winner—Lesley Thompson, Willis Towers Watson
Highly Commended—Paul Macey, USA Risk
Highly Commended—Kevin Poole, Artex
Law Firm
Winner—Conyers
Highly Commended—Campbells
Highly Commended—Walkers
Lawyer
Winner—Derek Stenson, Conyers
Highly Commended—Rob Humphries, Conyers
Highly Commended—Paul Scrivener, Conyers
Accounting, Audit or Tax Advisory: Firm
Winner—Grant Thornton
Highly Commended—RSM
Highly Commended—PwC
Accounting, Audit or Tax Advisory: Individual
Winner—Dara Keogh, Grant Thornton
Highly Commended—Damian Pentney, PwC
Highly Commended—Alan Shek, Grant Thornton
Actuarial: Firm
Winner—SIGMA Actuarial Consulting Group
Highly Commended—Pinnacle
Highly Commended—Willis Towers Watson
Actuarial: Individual
Winner—Al Rhodes, SIGMA Actuarial Consulting Group
Highly Commended—Joe Herbers, Pinnacle
Highly Commended—Robert Walling, Pinnacle
Bank
Winner—Scotiabank
Highly Commended—Butterfield
Highly Commended—Cayman National
Banking: Individual
Winner—Marcus Stafford, Scotiabank
Highly Commended—Conor McHugh, Scotiabank
Highly Commended—Marty Ellis, Comerica
Letters of Credit & Trusts: Firm
Winner—Scotiabank
Highly Commended—Comerica
Highly Commended—Wells Fargo
Asset Management: Firm
Winner—Morgan Stanley/Graystone Consulting
Highly Commended—London & Capital
Highly Commended—RBC
Asset Management: Individual
Winner—Steve Gaziano, Morgan Stanley
Highly Commended—Lisl Lewis, London & Capital
Feasibility Study: Firm
Winner—SIGMA Actuarial Consulting Group
Highly Commended—Willis Towers Watson
Highly Commended—Aon
Feasibility Study: Individual
Winner—Al Rhodes, SIGMA Actuarial Consulting Group
Highly Commended—Bruce Whitmore, Willis Towers Watson
Highly Commended—Adrian Lynch, Aon Cayman
Fronting: Firm
Winner—The Hartford
Willis Towers Watson
Highly Commended—Zurich
Highly Commended—AIG
Fronting: Individual
Winner—Joe Lucy, The Hartford
Highly Commended—Bob Gagliardi, AIG
Highly Commended—Todd Cunningham, Zurich
Reinsurer: Firm
Winner—Swiss Re
Highly Commended—Greenlight Re
Highly Commended—United Insurance
Reinsurer: Individual
Winner—Tim Adair, United Insurance
Highly Commended—Robley Moor, Swiss Re
Highly Commended—Jim Ehman, Greenlight Re
Reinsurance Broker: Firm
Winner—Willis Towers Watson
Highly Commended—Kirkway International
Reinsurance Broker: Individual
Winner—Michael Woodroffe, Kirkway International
Highly Commended—Scott Strenge, Willis Towers Watson
Highly Commended—Paul Herriott, Willis Tower Watson
