Onshore versus offshore dynamics and Cayman's role in the global market.
Cayman remains one of the three most significant global domiciles, alongside Bermuda and Vermont. While other onshore domiciles in the US have grown in prominence, Cayman continues to offer a home for organisations seeking an internationally recognised, flexible and business-efficient environment for captive formation and management.
Each jurisdiction offers unique advantages, and the choice between onshore and offshore often depends on the organisation's specific objectives and risk profile. Cayman's strengths include streamlined regulatory processes, broad industry expertise and cost efficiencies in both formation and ongoing operations.
Looking ahead, Cayman is actively developing a sophisticated and mature reinsurance industry. This strategic evolution is expected to enhance the jurisdiction's competitiveness within the global reinsurance marketplace and further increase its attractiveness to both reinsurers and captive owners.
Authors
Dawn's insurance career began 25 years ago on the carrier side of the industry, where she held various leadership roles across multiple disciplines including Claims, Operations and Underwriting. Dawn started with Artex in May 2025 as chief underwriting officer and head of Captives, Artex North America. She's responsible for the leadership, growth, staff and management of the Artex North America Captives, Benefits and Underwriting businesses operating in the US, Cayman and Bermuda. Dawn's responsibilities also include business operations such as product development, operational efficiency, market management and mergers and acquisitions. Dawn is a licensed attorney, sits as a board member for APIW — an organization dedicated to fostering professional growth and leadership skills among women insurance professionals — and was recognized as a 2021 Business Insurance Woman to Watch.
