8 July 2020EMEA analysis

London-based Wilton launches captive services business targeting high net worth clients

Wilton, the London-based professional service adviser, has launched Wilton Captive Services (WCS), offering consultative, turn-key business solutions for captive insurance and debt issuance for high net worth clients, private family offices and other professional entities.

WCS is led by Ian Du Feu and John Dupont and will work with captives based in Guernsey and Bermuda. It can assist in the design and establishment of captives, and debt placement, WCS said.

The new business recognises the growing number of Wilton’s clients that are interested in captive insurance, with conventional insurance frequently failing to fulfil their needs in terms of price, cover and service, the company added.

Du Feu, director at WCS, said: “Our aim is to pro-actively identify then deploy the most appropriate captive insurance structure enabling clients to take control of their insurance costs and risk management, respond proactively to volatile insurance market conditions and help integrate captive solutions within their debt requirements to reduce debt servicing costs, increase investor protections and enhance client profitability”

Wilton’s founder and managing partner, Tony Flanagan, added: “This is another service that we can now offer to wealthy high net worth families and larger corporates.”