Up Front
Deloitte &Touche
gets Insurance Veteran
Mr. Peter D. O'Leary
A professional with many years of experiencein the insurance business, Mr. Peter D. O'Leary, recently joinedthe Cayman Islands practice of Deloitte & Touche as Directorof Insurance Services.
As one of the Assurance & Advisory Servicesteam, Mr. O'Leary will take on a leading role in the provisionof financial advisory and audit services to the firm's clientsin the insurance sector.
Originally from Canada, Mr. O'Leary hasbeen in the Cayman Islands since 1989, where he served in variouscapacities with a leading insurance service provider. In thisrole, he was responsible for many captive insurance companiesand was responsible for the development of life and annuity companies,working closely with other professionals and institutions in thefinancial services sector.
Prior to his arrival in Cayman in 1989,Mr. O'Leary was an Associate Director of Practice Inspection withthe Ontario Institute of Chartered Accountants, where his dutiesincluded inspecting and reviewing office and file procedures ofpublic accountants in Ontario, Canada.
He is no stranger to Deloitte & Touche,having worked in the Bermuda practice from 1983 to 1988 as a senioraudit manager and associate member of the tax training committee.
Mr. O'Leary has a Bachelor of Business degreefrom the University of New Brunswick and is a member of both theCanadian and Ontario Institutes of Chartered Accountants, as wellas a member of the Cayman Islands Society of Professional Accountants.His new role at Deloitte & Touche will enable the firm toextend its reputation as a premiere service provider in the areaof captive insurance.
Commenting on Mr. O'Leary's appointmentand role, Mr. Michael W. Pilling, partner with overall responsibilityfor Assurance & Advisory Services, said: "Peter has afirm understanding of the insurance landscape and brings a newperspective to the way we service our clients' needs. He alreadyhas been instrumental in accelerating our growth and responsivenessin a number of emerging insurance advisory opportunities. Hisappointment confirms this firm's commitment to ensuring that ourclients' needs are fully serviced by the most talented professionalsavailable."
Deloitte & Touche has been serving theCayman Islands financial industry since 1973 and is part of DeloitteTouche Tohmatsu, a global leader in professional services whose92,000-team members provide seamless professional services toclients in 135 countries. With five partners and abou t 120 employees,the local firm has a comprehensive service structure built ona foundation of professional services including: assurance andadvisory (audit and accounting),
liquidations and insolvency, accountingservices, compliance and risk management, forensic accounting,fraud investigation and litigation support, management/IT solutionsconsulting, property management and executive recruitment/humanresource consulting. Trust and corporate services are carriedout under Harbour Trust Co. Ltd., a licensed trust company, ownedand operated by Deloitte & Touche.