Guernsey has been named the best non-EU domicile at the European & UK Captive Awards.
The awards, hosted by insurance publication Captive Review, recognise excellence in the delivery and management of captive insurance and celebrate those who have excelled in the last year.
Guernsey was named non-EU captive domicile of the year ahead of five other shortlisted jurisdictions: Bermuda, British Virgin Islands, Delaware, Isle of Man and the State of Vermont.
In announcing the winner, the judging panel of insurance and captive management specialists said they were impressed by Guernsey’s commitment to innovation in alternative risk financing, highlighting the recent formation of Dom Re IC, a Guernsey-incorporated cell company issuing digitised notes on a private blockchain.
A number of firms with Guernsey offices, including Aon, EY, White Rock Group and Willis Towers Watson, were also winners at the event, held in London on Tuesday 10 October.
In addition, Nick Heys, Chief Executive of Artex International, was recognised for his outstanding contribution to the industry.
To view the full winners list click here