Cutts-Watson Consulting Limited add a further expert to the team
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Captive Insurance adviser CWC is pleased to announce the appointment of Paul Wakefield as a consultant to further strengthen the captive insurance team at CWC.
Paul will deliver his own in-depth market knowledge of, and insight into, the captive insurance world. Paul brings longstanding experience of working in both onshore and offshore environments, most recently as a Non Executive Director with a London market insurance company.
He is also currently a Non Executive Director of a number of Guernsey based insurance companies. He provides CWC clients with further valuable knowledge and a proven track record of strategic and operational consulting.
Paul has undertaken numerous feasibility studies and set up insurance subsidiaries for multinational corporations across the globe. As part of the work with captives he has overseen portfolio transfers, novations, redomiciliation of captives, Protected Cell Company formation and the design and implementation of multi-year multi-line reinsurance programmes. He also has undertaken various consultancy work on the regulatory side of insurance.
Paul is an Associate of the Chartered Insurance Institute. He is registered and approved as a Director with the UK Prudential Regulatory Authority and the Guernsey Financial Services Commission.
Paul commented: “I have always admired the positive dynamics and change leadership that Malcolm, and now collectively the team at Cutts-Watson Consulting, bring to the goal of raising standards in the captive insurance industry. This is something that mirrors my own viewpoint. I look forward to working with the CWC team to maximise the value that captives generated to their owners and to be part of the exciting consulting projects CWC is currently undertaking.”
Malcolm Cutts-Watson, founder of CWC, commented: “We are delighted to have someone of Paul’s stature on board and we all look forward to working with him. We see this as a real positive strengthening of our service proposition offered to our clients and gives us greater bench strength”.
