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Expertise > Global Expertise > Insurance
Our insurance practice group provides highly responsive and cost effective advice with respect to a broad range of insurance-related entities and services.


Harneys' experienced professionals have expertise in a wide range of insurance matters including:
  • the set-up and licensing of insurance managers, insurance brokers and insurance agents;
  • the establishment and licensing of captives, insurers, reinsurers and segregated portfolio companies;
  • ongoing regulatory, corporate governance and compliance advice;
  • assistance with mergers and acquisitions, stock exchange listings, segregated portfolio transfers, run-offs and liquidations; and
  • advice with respect to alternative risk transfer products such as insurance linked securities, catastrophe bonds and sidecars.
Harneys insurance management provides a full range of captive insurance management services, including risk management consultancy, risk financing consultancy, captive insurance feasibility studies and captive insurance formation and management. These services can be extended to companies, associations and individuals that are motivated to reap the benefits of increased risk retention.

Risk Management

We provide risk management consultancy for companies and individuals wishing to implement a new risk management programme or improve an existing one. In the case of a new programme, our consultancy will provide comprehensive analysis of the exposures, a review of techniques to mitigate these exposures, and recommendations on risk management programme design and implementation. Consultancies involving existing programmes will include a comprehensive review of the existing risk management approach, a comparison with other models in the same industry segment, prioritised recommendations for improvements and a thorough risk/benefit analysis.
Through our risk financing consultancy we assess recommended levels of retention based on a company’s risk and catastrophe exposures together with their available capital and corporate appetite for retaining risk. Our consultancy will include the creation of various exposure models, including a disaster model.

Captive Insurance

Through our captive insurance feasibility studies we help clients assess exposures, loss experience, current insurance cost and current risk transfer mechanisms, and advise on the feasibility of a captive insurance company or a segregated portfolio company. This includes a recommendation on the domicile most suitable for the captive.
Through our captive insurance formation service, we can prepare and submit an insurance application and business plan to the relevant insurance authority in the domicile selected. Our mission is to make the process involved in forming a captive as easy and inexpensive as possible but at the same time to ensure compliance with all of the regulations and requirements of the regulator.
Through our captive insurance management service we provide underwriting, claims, reinsurance recovery, accounting and secretarial services to captive insurance owners in the British Virgin Islands.

Broking Services

Harneys insurance broking services provide broking and consultancy advice on commercial insurance requirements and specialise in the marine and property sectors. We provide comprehensive personalised service from quotation to policy issue, plus claims support where relevant. We undertake only to recommend approved and licensed insurers with appropriate financial ratings.

Harneys is licenced and regulated by the British Virgin Islands Financial Services Commission.


Bermuda Transactional & Private Client

The Bermuda team assists clients with a broad range of transactional and advisory matters as well as insurance, investments funds and private client.Read More

Cayman Insurance

Harneys’ insurance law practice provides highly responsive advice on a broad range of insurance-related entities and services while minimising legal costs in Cayman.Read More


Russell Willings
Russell Willings

Adam Rhodes
Adam Rhodes

British Virgin Islands
David Spyer
David Spyer

British Virgin Islands
Marco Martins
Marco Martins

Managing Partner
Cayman Islands
Aki Corsoni-Husain
Aki Corsoni-Husain

Mirza Manraj
Mirza Manraj

Senior Associate
Hong Kong

Articles & Updates

Post Hurricanes Irma and Maria - Important information for BVI property owners 
Cayman Islands proposes introduction of beneficial ownership registers 
Brexit: Passporting through Cyprus 
New York Supreme Court rules that derivative claims under Cayman law must first go through the Cayman Courts 
Three key facts about International Financial Centres 
Bermuda Company Law Amendment: Register of Directors 

Recent Experience

Harneys advises on US$425 million transaction