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 captive, captive benefits, captive formation, why choose cayman - domicile comparison - factsheets etc
Captive Statistics
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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
