Kane LLC, a Qatar Financial Centre-based company and provider of specialist risk and insurance management services, is the first captive manager to be awarded a license by the Qatar Financial Centre (QFC). Kane will be headed up by Shaun Brook, practice leader, insurance management, and will provide a range of services including captive management, risk management and healthcare advisory services.
“We continue to see the insurance market growing at a strong rate and increasingly contributing to the growth and diversity of the Qatari economy,” says Phillip Thorpe, chairman and CEO, QFCRA. “The regulatory authority is responding to this growth by establishing new regulatory structures to assist the further development of the insurance sector.”
The licensing of Kane LLC follows the establishment of Kane Insurance Management WLL in
Manama, Bahrain, in November 2008, and Kane Limited in the Dubai International Financial
Centre in April 2009. Building upon a strategy for growth in the Middle East, Kane has established operations in Bahrain, Dubai and, now, Qatar. Will Brooks, a member of the group’s business development team, will be relocating from London to Qatar to establish Kane’s presence in Qatar.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access