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Generic business image for news article Image: Kara Ebanks_BAF Insurance Company Cayman

20 August 2026
Cayman Islands
Reporter Nicole Bennet

Ebanks leaves CIMA for BAF Insurance Company Cayman

Kara Ebanks joins BAF Insurance Company Cayman as general manager, taking up the role in August 2026. Ebanks moves from the Cayman Islands Monetary Authority (CIMA) after more than 19 years at the regulator. Ebanks served as head of the insurance supervision division from July 2023, having previously held the roles of deputy head of the division and chief analyst. Ebanks joined CIMA in 2007 as an analyst in the insurance supervision division, having begun a career in insurance as an account administrator with insurance managers in the Cayman Islands. Ebanks has more than 21 years of experience in the industry. The insurance supervision division regulates the Cayman Islands international insurance sector, including the jurisdiction’s captives. Ebanks has been involved in international engagements including the Caribbean Association of Insurance Regulators (CAIR), the International Association of Insurance Supervisors (IAIS) and the Group of International Centre Supervisors (GIICS). Ebanks holds the designation of International Fellow of the National Association of Insurance Commissioners (NAIC) and of the Toronto Centre, and is a Re Scholar of the Reinsurance Association of America.

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