Jan 25, 8:00 AM – 6:00 PM
Aurora Ballroom, Sunborn Gibraltar, Sunborn Yacht Hotel, 35 Ocean Village Promenade, Gibraltar, GX11 1AA
The conference aims to foster meaningful discussions, facilitate expert knowledge and exchange and present unparalleled networking opportunities. By bringing together international insurance professionals within Gibraltar's dynamic insurance community the event seeks to shine a spotlight on the insurance landscape.
The world of insurance is evolving rapidly and Gibraltar is emerging as a hub for insurance. Gibraltar offers a unique advantage for insurance businesses and start-ups, it's strategic location, regulatory framework and vibrant business ecosystem make it an attractive destination for entrepreneurial endeavours. HM Government of Gibraltar and Minister for Justice, Trade & Industry Hon. Nigel Feetham KC MP commitment to fintech, DLT and insurance innovation and regulatory frameworks further positions Gibraltar as a fertile ground for the industry.
At Startup Grind Gibraltar we are dedicated to fostering new business and startups in partnership with Hassans International Law Firm Ltd, Gibraltar Finance, Artex, Willis Towers Watson, Trinity Lane, The MPLC Ltd, Senate and other stakeholders to host this full day event on the 25th January 2024 at the 5 star Sunborn Yacht Hotel.
Gibraltar's Insurance Sector Growth in 2022 - Highlights
Motor insurance remains the dominant sector with Gibraltar's insurers collectively exceeding a 30% market share of the UK motor insurance market for the first time. This noteworthy accomplishment affirms Gibraltar's position as a leading insurance domicile for motor insurance policies.
Whilst motor insurance remains the major sector, Gibraltar’s insurance industry has in recent years built and consolidated its position in other classes of business and activities. Today, it estimated that Gibraltar pet insurers have a collective share of the UK pet insurance market of circa 20% and Gibraltar travel insurance platforms are used to intermediate more than 30% of all travel insurance policies sold in the UK. This trend signifies the industry's ability to adapt to evolving consumer needs and demonstrates diversity within Gibraltar’s insurance sector .
Furthermore in recent years Gibraltar has attracted re-domiciliation from other jurisdictions. This move demonstrates Gibraltar's appeal as a conducive and supportive environment for insurance companies and startups seeking new growth opportunities.
A new bill later this year is set to pave the way, in response to the industry's request for greater flexibility for captive insurance, for a dual captive regime. This legislative development is a testament to the jurisdiction's commitment to fostering innovation and remaining relevant in a competitive global insurance market.
Bookings can be made via res@sunborngibraltar.com with code INSU130923
For inquiries or more information, please contact:
Denise Matthews Chapter Director Startup Grind Gibraltar denise.matthews@startupgrind.com
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Artex
Managing Director
Gallagher Re
Deputy Global Head, InsurTech
Director
Trinity Lane
Euroguard Insurance Company PCC Limited
Executive Director
Gibraltar Financial Services commission
Governance & Regulation, Insurance Authorisations
MPLC Ltd
Founder
Senate Insurance Brokers
Co-Founder & Director
EICL
Managing Director
Chair & Non Executive Director
Managing Partner
EY Gibraltar
Managing Director
Advantage Insurance Company Ltd
Adiona
Founder & CEO
Thursday, January 25, 2024
8:00 AM – 6:00 PM UTC
Registration & Welcome Coffee |
Introduction & Thanks Sponsors |
Opening Remarks Minister for Justice, Trade and Industry Hon. Min. Nigel Feetham KC MP |
A walk through time – Yvonne Chu, Head of Insurance, Hassans International Law Firm Limited |
The Rock’s Competitive Advantage: Why insurers and MGAs should consider Gibraltar |
Coffee Break |
Insurance Landscape: Use Cases and Innovation |
Keynote |
Lunch |
Tech and Insurance - Insights from Industry Innovators |
Gibraltar's New Dual Captive Regime and the Evolution of PCC Models |
Coffee Break |
Blueprint for Success The MPLC, SRG and Advantage in Gibraltar |
Building Skills for the Future of Insurance |
GFSC Presentation - Staged Application and Captive Regime |
Q&A |
Thanks and End |
Drinks & Canapes Sapphire Bar sponsored by Gibtelecom |