Guernsey

Captive veteran Paul Sykes has departed Aon Guernsey after being associated with the domicile and broker for more than 35 years.

Mondi Insurance in managed by Aon and was licenced on 25 November 2025.

The updated Isle of Man (IoM) 2025 insurance regulations have made the licensing of insurance vehicles, including captives, more efficient, as well as allowed for more creativity within the jurisdiction.

In this GCP Short, produced in partnership with ⁠Jeometri Insurance Managers⁠ in Guernsey, we focus on tokenisation in insurance and its potential application by captives and other vehicles.

Insuring account receivable (AR) risk through a captive can provide organisations a “powerful strategic advantage”, according to Chris Greisberger, head of global risk management at computer hardware giant Acer.

Purbeck said the creation of Purbeck Re is an “exceptional development” for the MGA market and marks a significant step in the company’s long-term commitment to support UK SME owners and directors.

Paul Sykes, chair of Guernsey Finance and managing director of Aon Insurance Managers in Guernsey, has received the Steve Butterworth Award for Service in recognition of his outstanding contribution to the international insurance industry.

Molloy has been with Guernsey Finance for over nine years, with three and a half years as its deputy chief executive.