AGENDA NEWS
agenda:news
Hepburns’ Guernsey team
HEPBURNS CELEBRATES 25 YEARS IN GUERNSEY! Having opened its Guernsey office in 1989, independent insurance intermediary and captive insurance manager, Hepburns Insurance, is now celebrating 25 years of business on the island. Offering one of the widest ranges of insurance and risk management based services in the Channel Islands, the team at Hepburns advise on and manage the diverse insurance requirements of professional, corporate and commercial enterprises. Managing Director, Chris Schofield, says he is “proud to have such a highly skilled and experienced team of insurance professionals, many of whom have been with the company from the beginning.”
STUART BUTLER, HERITAGE
C5: working in a hi-tech work of big floating logos
HERITAGE EXPANDS UK OPERATIONS
C5 ALLIANCE INCUBATOR BENEFITS EGAMING OUTFIT
Guernsey-headquartered Heritage Group continues the expansion of its UK operations having been granted FCA approval for its depositary service FCA approval allows the company to become a provider of depositary services to Alternative Investment Fund Managers (AIFMs) under the new Alternative Investment Fund Managers Directive (AIFMD).
A business and technology incubator provided by local IT services and business solutions company C5 Alliance has helped online casino company Genting Alderney establish its local presence. The service, which was launched last year to assist and encourage start-up businesses in Guernsey, allows occupants to benefit from existing facilities, support services and infrastructure on C5’s premises without significant cost or long lease obligations. Gemma Greathead, Finance Manager at Genting Alderney, said the arrangement had been an ideal opportunity for the company to get set up on the island before moving to permanent premises.
CO-OPERATIVE ECOFUND TO DONATE TO ENVIRONMENTAL PROJECTS IN THE CHANNEL ISLANDS JONATHAN BARNES, GUERNSEY FINANCE
GUERNSEY HOST IN ZURICH
Joanna Lumley photobombing the Carey Olsen team shot.
CAREY OLSEN WINS PRESTIGIOUS OFFSHORE FIRM OF THE YEAR AWARD AT THE LAWYER AWARDS 2014 Carey Olsen has been recognised as Offshore Firm of the Year by The Lawyer Magazine. Hosted this year by Joanna Lumley, the Lawyer Awards is an annual awards ceremony that celebrates excellence in the legal profession across private practice, the public sector, commerce and industry. Selected by The Lawyer’s editorial team from a high number of entries, Carey Olsen was presented with this impressive award for acting for the winning parties in a ground-breaking decision issued by Guernsey’s Royal Court. This landmark case involved UK non-domiciliary, wealthy entrepreneur Robert Tchenguiz and one of the offshore trust structures in which his assets are held (“the Tchenguiz Discretionary Trust”).
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The choice of domicile for ILS transactions was among the hot topics discussed by leading industry players at a Guernsey Finance-hosted thought leadership event in the reinsurance centre of Zurich on Wednesday. The event attracted 80 delegates from around the world, including Japan, Hong Kong, France, the UK and Switzerland and from across the asset management, wealth management and reinsurance and adviser communities.
THE Channel Islands Co-operative Society will be donating thousands of pounds to environmental projects across the Channel Islands again this year. The EcoFund was launched in 2008 when the Society led the way in recycling, by levying a 5p charge on one-trip carrier bags in an attempt to reduce the number used. In the first year alone bag consumption was cut by an astonishing 90%. The ongoing funds raised each year since from bag sales are distributed on an annual basis to worthy environmental initiatives. The Society’s Chief Commercial Officer, Jim Plumley, said as a major local employer The Channel Islands Co-operative Society was dedicated to the communities in which it operates. The fund is now in its 7th year and since its inception The Channel Islands Co-operative Society has paid out over £280,000 to assist environmental causes in the islands.
GUERNSEY’S STYLE MAGAZINE THE AGENDA SUPPLEMENT