Government officials at insurance talks

Leader of Government Business, Hon McKeeva Bush,
Financial Secretary (Designate), Mr Kenneth Jefferson,
Cabinet Secretary, Orrett Connor, and Managing
Director of the Monetary Authority, Cindy Scotland
flanked by otherMonetary Authority staff, and
members of the Insurance Managers’ Association of
Cayman Ltd.

Friday, May 14, 2004

A delegation of 48, headed by Leader of Government Business, Hon McKeeva Bush, Financial Secretary (Designate), Kenneth Jefferson, and Cabinet Secretary, Orrett Connor recently returned from San Diego, California where the Cayman Islands Government exhibited at the 42nd Risk and Insurance Management Society (RIMS) Annual Conference and Exhibition.

In his welcoming remarks at the cocktail reception, Mr Bush assured delegates and guests that Cayman continued to be a leader in international insurance as a result of healthy partnerships.

Mr Bush commented: “We view a partnership between the Government and our business partners, internationally as well as domestic, as a significant element in the ongoing success of the Cayman Islands insurance industry.

“Going forward, our goal is to continuously develop the optimal combination of business facilitation and prudent regulation, and consequently creating the ideal platform for international business”.

As the largest insurance conference in the United States, RIMS attracted more than 400 exhibitors and more than 4,000 attendees, and delivered its usual high standard of informative sessions, engaging speakers and valuable networking opportunities.

Government hosted its annual RIMS cocktail reception at the San Diego Marriott Hotel and Marina where Mr Bush and Mr Jefferson welcomed guests.

Among others on hand were Cindy Scotland, Managing Director of the Monetary Authority, Mary-Lou Gallegos, Head of Insurance at the Authority, and Mike Gibbs, Chairman of the Insurance Managers’ Association of Cayman.

Commenting on the substantial growth in Cayman’s insurance industry, Mr Jefferson thanked clients for their participation in the insurance industry and encouraged their continued support.

Back...