The insurance session at the next International Business and Finance Summit is set to focus on the factors involved in becoming a captive domicile.
A separate session will also cover the subject of insurance as a wealth management tool.
Presenters will be Bob Colvin of Robert D. Colvin & Associate and Nicholas Leighton and Lesley Thompson of Atlas Insurance Management.
Leighton said: “Captives have been used for over 40 years, assisting companies in their risk management and strategic planning. From the entrepreneur to the multinational corporation, captives have a place within any organisational structure and can provide multiple benefits.”
“The Bahamas has updated its External Insurance Act, reinforcing the commitment to the captive insurance industry and promoting the Bahamas as a domicile of choice; yet, the growth in the industry has been relatively slow compared to other domiciles.”
