IMAC unveils executive refresh for 2026

Association has also launched a dedicated committee to bolster succession planning

IMAC unveils executive refresh for 2026

Reinsurance News

By Kenneth Araullo

The Insurance Managers Association of Cayman (IMAC) has confirmed its 2026 Executive Committee following its annual general meeting in Grand Cayman.

The new lineup combines returning leaders and first-time officers who will oversee the association’s priorities over the next year.

James Trundle of GCM has been elected chair, succeeding Kieran Mehigan. He will work alongside newly appointed officers Michael Wild of Artex as vice chair, Adam Vanicek of Marsh as treasurer and Joy Domingo of WTW as assistant secretary.

IMAC has also created a Talent Development Committee as part of its ongoing efforts around workforce development and succession planning in the Cayman insurance sector. The new committee will be chaired by Troy Matarazzo of Beecher Carlson.

Several members will continue in their existing executive roles into 2026. These include Gareth van den Bergh of Artex as Marketing Committee chair, Michael Wild of Artex as Forum Committee chair and Jessica Powell of Aon as Scholarship Committee chair.

Other continuing committee leaders are Paul Macey of USA Risk as Legislative & Regulatory Committee chair, and Andrew MacKay of RMA as Education and Social Committee chair. Erin Brosnihan of Kensington will remain secretary, while Jenny Pooley of SRS will continue in the IMAC office role.

The leadership transition comes as the Cayman Islands’ international insurance sector sustains a multi-year growth trend. At the end of 2024, there were 42 new licensees, and current-year figures indicate the jurisdiction is on track for another year of expansion.

In parallel, Cayman is pursuing recognition as a “qualified jurisdiction” by the US National Association of Insurance Commissioners (NAIC), a move that would allow Cayman-based reinsurers to post reduced collateral when assuming US risks.

Market participants see the initiative as part of a broader strategy to consolidate Cayman’s position as a global reinsurance hub and deepen its connectivity with North American cedants and investors.

Trundle described his appointment as an opportunity to guide the association at what he called “a time of continued momentum for Cayman’s insurance industry.” He said the new executive will build on the work of the previous committee led by Mehigan and will stay focused on collaboration, talent initiatives and international outreach to support the sector’s long-term growth.

Since its establishment in 1994, IMAC has represented insurance managers, captive insurance companies and related service providers in the Cayman Islands.

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