WE ARE AGILE

Guernsey’s Val des Terres is the Formula 1 of British hillclimbing. Racing cars must be agile as they twist and turn to reach the top. Similarly, Guernsey’s autonomy allows us to respond quickly and shift to the changing needs and direction of the financial market.

WE ARE PIONEERING

In the 19th century, Guernsey played a key role in establishing the UK postal system: the UK’s oldest pillar box is still standing in Guernsey’s capital. Guernsey continues to break new ground – more recently with cell company legislation and longevity risk swap.

WE ARE INNOVATION

During the years he lived and worked in Guernsey, Victor Hugo was inspired by the island, completing 'Les Miserables' as well as decorating his house with a plethora of unique materials. Guernsey is still inspiring innovation today - none more so than in our insurance industry.

WE ARE BESPOKE

In the mid-19th century, bespoke and hand-crafted Guernsey doors were highly desirable. Bespoke creations are still the pride of Guernsey, particularly when it comes to our insurance offerings.

The Guernsey International Insurance Association (GIIA) was formed in 1983 to represent the combined interests of both Guernsey insurers and Guernsey insurance managers. The Guernsey insurance industry has historically been dominated by captive insurance and protected cell companies, at least in terms of the number of licensed insurers operating from the island.  Almost all of these insurers are run by licensed insurance managers. This inevitably means that the majority of insurance professionals represented in the association are insurance managers. However, the membership also includes all the island’s major international life assurers. In recent years, the Guernsey Insurance Industry has expanded through the development of insurance linked securities (ILS) products and Guernsey insurers also provide a significant share of the market capacity for Kidnap & Ransom (K&R) and Fine Art insurance today.