Hyperion Risk Solutions have regional offices based across the Caribbean, and relationships with strategic partners around the globe, allowing us to operate in numerous timezones. Our key Caribbean offices are outlined below:
Anguilla
Anguilla is a serene, low lying island of coral and limestone in the Caribbean Sea. The country has steadily built a reputation as a quality financial services jurisdiction and a high-end tourism destination. With a rare ability to attract the rich and famous as a tranquil escape from the media spotlight, Anguilla is fast becoming regarded as one of the jewels in the Caribbean crown.
Anguilla is a British Overseas Territory in the Eastern Caribbean. As an international financial centre, it offers a full range of financial services and products and boasts a particularly impressive and efficient online corporate registry, “ACORN”. Insurance business is regulated by the Financial Services Commission applying the provisions of the Insurance Act 2004.
The regulatory regime in Anguilla has demonstrated itself to be both particularly flexible and extremely responsive. Anguilla is now the world’s 5th largest Captive insurance domicile (numbers of structures). The Insurance Act 2004 includes powerful asset protection provisions for long-term insurance business and the Protected Cell Act allows for the formation of Protected Cell Companies.
British Virgin Islands
Located 60 miles east of Puerto Rico, the BVI has a population of around 20,000 people across several islands with a total area of around 60 square miles.
The British Virgin Islands combines a thriving financial services sector with powdery white-sand beaches, lush green mountains, and sheltered yacht-filled harbours, making it one of the most idyllic places to live and work.
The BVI is a premier financial services domicile. Not content with being one of the world’s largest captive jurisdictions, the British Virgin Islands is home to more than 8,000 funds. It is a leading domicile for company incorporations, with around 750,000 companies being registered here.
The BVI’s legislative framework compares more than favourably with that of our longer-established competitors and enables us to offer our clients a wide range of products and structures. The Insurance Act has recently been enhanced and the close working relationship between the private sector and the regulators allows us to be proactive as we look to suit the future needs of our clients.
Service providers include the majority of the big name law firms, accounting firms and audit practices you would expect to see in any of the world’s financial centres and, as our example services show, we have the ability to assist with a number of innovative and sophisticated structures.
The BVI is mature enough as a domicile to have attained credibility with the regulatory bodies around the world, yet it is young enough to embrace new ideas and solutions.
Cayman Islands
Located in the western Caribbean about 150 miles south of Cuba, 460 miles south of Miami, Florida, and 167 miles northwest of Jamaica are the low lying Cayman Islands. Grand Cayman is the largest of the three islands, with an approximate population of 54,000. The Cayman Islands have become important as an offshore financial centre, with good communications and general infrastructure helping the islands become the world’s fifth-largest banking centre and largest hedge fund domicile with over 9,000 funds registered.
There is excellent infrastructure in place to support the offshore finance industry, be it legislation, regulation or service providers. The Islands themselves have a very high standard of living and as such are able to attract and retain professionals of a high caliber, and are well served by first class hotels and condominiums with good air service from the Americas and Europe.
All of the major law firms, banks, investment managers and auditors have a substantial presence in the islands.
Combining quality regulation and experienced service providers ensures the Cayman Islands remain an outstanding choice as an offshore domicile.
Turks and Caicos Islands
The Turks and Caicos Islands are a British Overseas Territory, primarily known for tourism and as an offshore financial centre.
Located directly to the North of Hispanola, and Southeast of the Bahamas, the TCI is approximately 650 miles Southeast of Miami, with a population of 49,000, the population split between Providenciales and Grand Turk.
A growing Mutual Fund and Captive Insurance industry compliments the existing high end tourism industry.
Multijurisdictional
The Global Broker Network is a global network of independent insurance brokers. The network is able to provide international insurance broking and risk management services to protect a client’s global investment.
Membership of the Global Broker Network allows us to utilise a wealth of broking talent around the globe without having to compromise our independence. The network totals more than 80 individual members worldwide, with over 474 office locations in more than 140 countries, and the ability to provide service to more than 130 territories.
Members are carefully selected independent insurance brokers who are among the leading brokers in their country. They have knowledge and experience in key markets throughout the world and provide high quality risk management and insurance broking services.
The network’s approach is to be multi-national with a global vision and local focus. It recognizes the differences our customers face by having operations in various countries and offer a genuinely global strategy and service to satisfy their needs.
We offer peace of mind for you and your business in every language.
