Global Captive Management (GCM) has promoted Jennifer Reid to chief operating officer.
Cayman Islands-based GCM is a captive insurance manager with experience managing a variety of structures, including segregated portfolio captives and group captives.
Reid is promoted from her previous role as senior vice president. She joined the company as vice president in 2004.
She has more than 25 years of captive and accounting experience. Previously, Reid was a senior accountant at KPMG, starting her career in Canada.