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11 April 2016
Bridgetown
Reporter Becky Butcher

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Captive demand continues in the Caribbean

London & Capital has reported continued growth among its network of Caribbean clients and professional advisers.

London & Capital’s Caribbean office, located in Barbados, has seen a significant increase in demand from captives in the region over the last 10 years.

William Dalziel, partner and head of the London & Capital Institutional, commented: “Over recent years we have seen that many competitors have been sceptical about the value of servicing the Caribbean market. We feel differently and see a great deal of potential. We are very pleased with our decision to invest in a dedicated office in Barbados”.

London & Capital’s institutional division manages over $1 billion in asset for captive insurers, based in Barbados, the Cayman Islands and Bermuda.

Lisl Lewis, executive director and head of the London & Capital Caribbean office, added: “The Caribbean captive and institutional market has grown significantly in importance to London & Capital over the last decade, and we are pleased to demonstrate our commitment to our regional clients by having an office in Barbados.”

Lewis was appointed to his position in the Caribbean office in November 2015.

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