The Captive Resources family was well represented in this year’s Cayman Captive Awards from Captive International. Captive Resources earned two commendations, while our sister company, Kensington Management Group, won top honors in two major categories.
For the second year in a row, Kensington swept the Best Captive Manager category, with the company winning the Best Captive Manager: Firm, and the firm's President, Erin Brosnihan, securing the win for Best Captive Manager: Individual.
Captive Resources earned a Highly Commended recognition for Best Captive Consultant: Firm, while Chief Financial Officer Donna Dreuth garnered the same distinction for an Individual in the category.
To date, Captive International's Cayman Captive Awards are the only awards exclusively dedicated to the Cayman Islands' captive insurance market. The awards celebrate the considerable contribution the island has made to the global captive insurance industry over the years and recognize the parts many organizations and individuals in Cayman have played in delivering that. The awards recognize the leading companies and individuals working in or contributing to Cayman’s vibrant captives community, as voted by the readers of Captive International.
Kensington was formed in 1999 and is one of the leading Insurance Managers in the Cayman Islands. A full-service management firm, Kensington has a diverse portfolio of single-parent and member-owned-group captive clients. Based on premium volume, we are the largest independent Insurance Manager in Cayman, representing over 10 percent of the premiums written in the Cayman Islands.
Captive Resources provides mid-market companies with the opportunity to become insurance company owners rather than insurance buyers and lower their total cost of risk. We do this through the creation, development, and oversight of member-owned group captive insurance companies. We currently support 43 group captives with 5,800-plus member companies and $3.5 billion in annual premium. We support every aspect of the captives we advise, from claims advocacy to operational oversight, risk management, financial services, regulatory compliance, investment services, and more.
Sandra R. Springer