Wilton, an independent, London-based, professional service adviser, has launched a captive service.
Wilton Captive Services will be offering consultative ‘turn-key’ business solutions for captive insurance and debt issuance specific to high net worth clients, private family offices and other professional entities.
The firm will be based in either Guernsey or Bermuda with Ian Du Feu and John Dupont heading up the Wilton Captive Services.
Wilton explained that conventional insurance frequently fails to meet their client's needs usually due to price, cover and service. Taking control of these elements through the ownership of their own insurance company has significant and increasing appeal in these uncertain times.
Ian Du Feu, director of Wilton Captive Services, said: “We are delighted to announce the launch of Wilton Captive Services.”
“Our aim is to proactively identify then deploy the most appropriate captive insurance structure enabling clients to take control of their insurance costs and risk management, respond proactively to volatile insurance market conditions and help integrate captive solutions within their debt requirements to reduce debt servicing costs, increase investor protection and enhance client profitability,” he noted.
Wilton’s founder and managing partner, Tony Flanagan commented: “It is such a pleasure to announce the launch of our captive services offering. This is another service that we can now offer to wealthy high net worth families and larger corporates. The captive service offering enhances our existing range of services, and I am looking forward to working with Ian [Du Deu] and John [Dupont].”
Flanagan continued: “I am so proud that in this current period of uncertainty, that Wilton is yet again showing that we are a truly innovative and adaptive organisation. The recent launches of Wilton Captive Services, the Wilton portal and our market-leading Pensions Portal being key to providing our clients with uninterrupted, innovative and market-leading services.”