What We Do
Kensington is a licensed Insurance Manager under the Insurance Law of the Cayman Islands and as such, has reporting obligations to the Cayman Islands Monetary Authority (“CIMA”) to ensure that each of its clients maintain compliance with the Insurance Law, and with the business plan that has been submitted to, and approved by CIMA.
Kensington is a full service management firm, providing the complete range of management and advisory services, including but not limited to: captive feasibility studies, license applications, captive formation, government/regulatory reporting and liaison, cash management, accounting, investment portfolio coordination, registered office and corporate secretarial functions.
Kensington has developed strong relationships with other well-respected service providers both in the Cayman Islands and overseas, with a view to ensuring that the captive program provides a high quality product, and that all service providers involved in the program are first class in their respective fields. This includes policy issuing carriers, insurance brokers, risk control consultants, claims administration services, banking facilities, as well as actuarial, audit and legal firms.
See the About Captives page for more information on the Role of the Insurance Manager.