Over the years, the caliber of Kane’s teams, standard of service we provide, and quality of solutions we deliver has been recognized by leading figures in the industry at various global award ceremonies. Below are some of the recent award successes we have achieved across the organization.
Kane has been awarded three separate awards at the UK Captive Services Awards: Captive Manager of the Year, Independent Captive Manager of the Year and Customer Care in Captive Management.
Each title was awarded by a separate judging panel composed of leading figures in the captive insurance arena. The judges highlighted the firm’s commitment to working in close collaboration with clients and how this led to a number of innovative formations, particularly in the cell company space. They also commented on Kane’s ability to combine its captive and cell management capabilities with its ILS, and life and pensions expertise to provide complimentary client solutions.
Trading Risk Awards – Finalist in ‘Market Facilitator of the Year’ category
The Kane ILS team was nominated as a finalist at the Trading Risk Awards 2014 in the category of ‘Market Facilitator of the Year’
The nomination not only recognized Kane’s continuing market dominance in both the Bermuda and Cayman domiciles, but also the successful launch of the Kane SAC Limited Note Program, our independent private catastrophe bond platform which has helped facilitate the flow of smaller, private transactions into the collateralized reinsurance sector.
UK Captive Service Awards – Winner of ‘Independent Captive Manager of the Year’ award
Kane was named “Independent Captive Manager of the Year” at Captive Review’s UK Captive Service Awards in February 2014.
The award was voted for by leading figures in the captive arena and recognised the hard work of the Kane team to ensure we deliver best-in-class captive services. Commenting on Kane’s success, Clive James, COO, said: “We are honored to be named Independent Captive Manager of the Year by the judging panel of the UK Captive Service Awards. At Kane, our market standing has been achieved by combining experience and innovation to create optimum risk solutions to our clients. Over the last twelve months, the success of our approach has been reflected in the diversity of solutions we have developed to exceed even the most stringent of client demands.”
US Captive Service Provider Awards – Winner of ‘Independent Captive Manager of the Year’ award
Kane was named “Independent Captive Manager of the Year” at the US Captive Service Provider Awards in December 2013. The awards, hosted by Captive Review magazine, recognize excellence in the field of captive insurance.
Kane was awarded the title by a panel of highly respected US-based captive owners, including Michael Bemi, president and CEO at the National Catholic RRG and William Montanez, director of risk management at Ace Hardware. The panel stated: “Kane impressed the judges by displaying solid growth in the last year, delivered in part due to their broad service offering from captive formation and closure, and their leading and innovative role in the ILS market place.”
Commenting on the win, Simon Hinshelwood said: “At Kane, we have always sought to offer our clients not only best-in-class captive management services, but also to help them capitalize on the multiple benefits provided by accessing the capital markets.”
Carlos Oliveras added: “It is very gratifying that the success we have achieved has been acknowledged by those most important to us – the captive owners. We have worked extremely hard to strengthen our standing in the US market, building a team of market-leading practitioners and constantly developing and expanding our capabilities, and our endeavors are clearly bearing fruit.”
Trading Risk Awards – Finalist (Highly Commended) in ‘Market Facilitator of the Year’ category
In June 2013, Kane’s ILS team was a finalist in the category of ‘Market Facilitator of the Year’ category at the Trading Risk Awards in London.
The team was highly commended by an industry panel which included Kevin Callahan, Founder of KR Callahan & Co, Morton Lane, President of Lane Financial LLC and Simon Cloney, Managing Director, Asia Pacific at Beach & Associates LLP. They described Kane as the ‘quiet achiever’ of the market facilitator arena and highlighted how well the team had piloted the Nelson Re Cat Bond through a dispute, arbitration and ultimate settlement.
Worldwide Reinsurance Awards 2013 – Finalist in ‘Professional Service Provider of the Year’ category
In September 2013, Kane was a finalist at the Insurance Day Worldwide Reinsurance Awards in the category of ‘Professional Service Provider of the Year’.
The award acknowledged the growing importance of service providers in a world of increased regulatory scrutiny and technological advances and sought to recognize those practitioners which were able to prove the success they had achieved through the quality and caliber of service they provided to their reinsurance clients, plus their ability to reduce costs and enhance overall efficiencies.