Appleby Receive Offshore Law Firm Award
Appleby Bermuda was presented with the award for Offshore Law Firm at the 2016 US Captive Services Awards at the Hilton Burlington in Vermont. Accepting the award on behalf of the Firm was Appleby Bermuda Partner Alan Bossin.
The US Captive Services Awards recognise and reward those providers of captive insurance products and services who have outperformed their competitors and demonstrated the highest levels of excellence over the stated 12 months. Over 100 guests attended the awards dinner, including a number of judges and captive owners.
Appleby Bermuda Partner Alan Bossin accepting the Offshore Law Firm Award
The judges felt Appleby was at the forefront of facilitating innovative new structures in numerous domiciles. “Appleby is clearly committed to the offshore captive sector and demonstrates an ability to provide experienced legal advice to US-based owners of offshore risk financing structures.”
Bermuda as a jurisdiction was also recognised, and was awarded the Offshore Captive Domicile. “The jurisdiction’s ability to obtain Solvency II equivalence for its commercial sector while carving captives out a bifurcated approach means it will benefit from the increased expertise and substance that new commercial [re]insurers will bring.”
“We are honoured to be recognised for this prestigious award for Offshore Law Firm,” comments Appleby Bermuda Managing Partner Timothy Faries. “Appleby is passionate about developing innovative solutions for our clients and the marketplace to solve their ever-changing needs.”
