201811.07
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Bennett Gould to acquire Advantage Underwriting’s UK book

Advantage Underwriting Limited has agreed to sell its book of business to Bennett Gould & Partners Ltd. Advantage Underwriting Limited is part of Vantage Group of Companies. Richard Packman, CEO of Vantage Group said “The decision to sell is part of Vantage’s strategic plan to grow our Channel Island businesses” Giles Dalby, Director of Advantage…

201707.27
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Vantage Insurance Brokers appoints new Managing Director

Tim Rattray has been appointed as Managing Director of Vantage Insurance Brokers Limited. Previously MD of the Rossborough Insurance office in the Isle of Man, Tim has relocated to Jersey to spearhead the growth of the Vantage group’s insurance broking business. A professionally qualified practitioner, he has over 30 years’ experience in the insurance industry…

Richard Packman to speak at the 2nd Annual CyberCrime Forum
201706.14
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Richard Packman to speak at the 2nd Annual CyberCrime Forum

Richard Packman will be speaking at the 2nd Annual Cybercrime Forum being held at the Hotel de France on Thursday 29th June. The Forum aims to serve as a road map for risk management frameworks within firms and features speakers from the local industry in Jersey as well as global cybercrime leaders raising the awareness…

Local firms urged to take specialist advice on their Professional Indemnity Insurance
201703.16
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Local firms urged to take specialist advice on their Professional Indemnity Insurance

Vantage Insurance Brokers has emphasised the need for careful selection of an insurance broker when Jersey businesses are arranging their Professional Indemnity Insurance (PII) cover. This follows a press release from the Jersey Financial Services Commission (JFSC) raising concerns about the policies being purchased by local firms after discovering examples of punitive policy exclusions and…

201701.13
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Do I Have To Tell Insurers About PEPs..?

If your trust clients are Politically Exposed Persons (or indeed any other high profile individuals, such as sports stars) then do you need to disclose this fact to insurers in respect of the trust asset insurances? The answer is “Yes”. An insurance policy is a contract between the insurer and the client (the insured). Most…

Property Owner’s Liability – A Trustee’s Guide
201611.03
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Property Owner’s Liability – A Trustee’s Guide

Do you own land with no buildings? If a plot of land is owned via a trust or offshore company structure it is possible that a person may enter it and become injured. As the owner you have a duty of care to maintain the land in a safe environment and the law will hold…

201609.30
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Important News – EU General Data Protection Regulation

The EU General Data Protection Regulation In May this year the EU General Data Protection Regulation (“GDPR”) was published which will affect all Jersey businesses who hold data of EU citizens. Cybercrime is increasing and this new EU Directive standardises the reporting requirements that have previously permitted many cyber attacks to go unreported. The new…

201609.06
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New Vacancy: Insurance Broker

Vantage Insurance Brokers Limited, one of the fastest growing independent insurance brokers in Jersey, are currently recruiting an Insurance Broker. The role will consist of managing and servicing existing clients and developing your own portfolio across all classes of insurance. This is an excellent opportunity for someone looking to take the next step in their…

201608.16
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Important news for Trustees and trust asset insurances

This year saw extensive reforms in the insurance market when the Insurance Act 2015 came into force from 12th August 2016. The aim being to introduce greater clarity around what information a proposer has to provide to their insurer. This is therefore important to trustees when arranging insurance cover for trust assets. As way of…

Briefing on Captive Insurance for Family Offices and Private Clients
201606.20
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Briefing on Captive Insurance for Family Offices and Private Clients

Once the preserve of the corporate world, more HNWI’s and family offices are now realising the benefits of forming their own insurance company to insure their assets. It is well known that the conventional insurance market frequently fails to meet the needs of the buyer, with criticism usually falling into one, or more, of three…