Welcome to The Insurance Managers Association of Cayman

The Insurance Managers Association of Cayman (IMAC) is a non-profit organisation run by the insurance managers of the Cayman Islands. The aim of IMAC is to act both as regulatory liaison with the Cayman Islands Government and to promote the Cayman Islands as the domicile of choice for Captive Insurance Companies.

 

 

Why Cayman is the Best Choice

With over 40 years of experience in captive formation, operation and regulation, Cayman has the integrity, innovation and intelligence - in short "Cayman gets it". (click here to view the video)

 

Visit our Resources/Captives section or click on these links for information on what is a captive - types of captivecaptive benefitscaptive formationwhy choose cayman - domicile comparison - factsheets etc

 

Captive Statistics

  • Number of Captive Insurance Companies
    741 including 133 SPC's
  • Number of Segregated Portfolios
    657
  • Premiums Written
    US $11.8 billion (prior year US$ 11.7 billion)
  • Total Assets Under Management
    US $88.0 billion (prior year US$ 69.2 billion)
  • Shareholders Equity
    US $15.2 billion (prior year US$ 14.6 billion)
 
As at March 31, 2013
Click here for the Cayman Islands Monetary Authority's Overview and Statistics

Benefits of Cayman Captives

  • Top domicile with track record of success and innovation
  • Access to reinsurance markets in major insurance centers
  • Flexibility to tailor coverage to meet your needs
  • Sound regulatory environment with modern legislation
  • Highly developed captive support industry with experienced professionals
  • Absence of local income or other taxes in the domicile
  • Achieve greater risk management and loss control
  • Reduce and smooth insurance costs
  • Ability to cover third party risks
  • Earn investment income on loss funding
Latest News
Upcoming Events
21
May
2013

Cayman Islands Working ...

  Best's News Service - May 06, 2013 04:39 P...
26
Apr
2013

Cayman Takes the Lead i...

Source: Cayman Finance, GEORGE TOWN, Grand Cayman, April ...
22
Apr
2013

Cayman Captives - March...

Source: Cayman Islands Monetary Authority - Insurance Sta...
17
Apr
2013

OECD Gives Cayman Top G...

IMAC Press Release. GEORGE TOWN, Grand Cayman, 17 Ap...
12
Apr
2013

Cayman Captives at RIMS...

The RIMS 2013 Annual Conference, is your event! Join ...
8
Apr
2013

IMAC Scholarship Founda...

IMAC Media Release: George Town, Grand Cayman, 22 March 2...
2
Apr
2013

Cayman Takes Home Top P...

IMAC Press Release. George Town, Grand Cayman, 3 April 20...
2
Apr
2013

Cayman Moves Forward wi...

IMAC Press Release. George Town, Grand Cayman, 2 April 20...
27
Mar
2013

Cayman Creates Incorpor...

Cayman Islands Government Press Release 26 March 2013, Ge...
27
Mar
2013

Cayman Introduces Incor...

On 25 March 2013 the Insurance (Amendment) Law (the "...
18
Feb
2013

Cayman Moves to Strengt...

Captive International - February 5, 2013 (click here for ...
12
Feb
2013

Charting a Course for S...

Charting a Course for Success: Key Themes from the IMAC 2...
23
Jan
2013

Banner Year for Cayman ...

GEORGE TOWN, Grand Cayman--(BUSINESS WIRE)-- The captive ...
23
Jan
2013

CIMA Reports Tremendous...

Cayman Islands Monetary Authority -  January 2013 ...
7
Jan
2013

Dodd-Frank is Not Appli...

U.S. House Subcommittee Chair, Judy Biggert Affirms Dodd-...
11
Dec
2012

Cayman Islands Premier ...

IMAC Press release - December 11, 2012 In response to...
11
Dec
2012

Cayman Islands Governme...

Cayman Islands Government: Industry Advisory Tuesday,...
11
Dec
2012

Cayman Insurance Indust...

GEORGE TOWN, Grand Cayman--(BUSINESS WIRE)--Speaking at t...
4
Dec
2012

New Regulations passed ...

New regulations passed for Cayman Islands Insurance Law ...
2
Nov
2012

The New Cayman Islands ...

The Cayman Islands Insurance Law, 2010 (“New Insura...
23
Oct
2012

Cayman retains top spot...

(Source: Cayman Finance press release October 23, 2012 - ...
28
Sep
2012

Cayman Captive Insuranc...

  The Cayman captive insurance market is quite v...
28
Sep
2012

Cayman Islands Financia...

IMAC is pleased that the Cayman Islands Financial Service...
28
Sep
2012

Healthcare Captives Edu...

  Healthcare Captives Education The Annual C...
13
Aug
2012

Shoring Up The Economy

Mike Gibbs, President of Kensington Management Group disc...
31
Jul
2012

CIMA - Captive Insuranc...

There were a total of 731 Class “B” companies...
11
Jul
2012

Cayman's $84.3 Million ...

(Chamber of Commerce, July 11, 2012 - click here) &nb...
26
Jun
2012

Cayman Captive Video 20...

Watch this video to learn more about the benefits of a Ca...
26
Jun
2012

Bermuda closer to Solve...

(CNS Business, Jun 26, 2012 - click here) Bermud...
20
Jun
2012

IMAC backs Cayman’s o...

  (CNS Business, June 20, 2012 - click here...
15
Jun
2012

IAIS Heads To Cayman Is...

  GEORGE TOWN, Grand Cayman--(BUSINESS WIRE)-- ...
1
Jun
2012

HFM Week - Cayman Speci...

(HFMweek.com) "Critical Advantages" written by ...

Learn About Captives

Benefiits of  a Captive, Captive Formation. Why chose Cayman?