Danny Scott spent nearly 27 years with company
Longtime Cayman insurance professional Danny Scott was honoured Monday at a function to mark his recent retirement.
Mr. Scott worked in the insurance industry for more than 40 years, including almost 27 years with the company now know as Cayman First Insurance Company Ltd, where he held the title of president.
He was with that company from shortly after its formation as Cayman General Insurance Ltd in 1984, through its purchase and name change to Sagicor General Insurance Ltd in 2006, to its purchase by Bahamas First Holdings Ltd and name change to Cayman First last year.
Bahamas First Holdings President Patrick Ward said Mr. Scott represented a link from the company’s past glories to its bright future.
Another longtime insurance professional in Cayman, Bryan Murphy, who serves on the Cayman First board of directors, praised Mr. Scott’s career.
“I never thought I’d see the day when Danny Scott would retire,” he said. “I mean that as a compliment to Danny because for so long here, the term ‘insurance’ and the name ‘Danny Scott’ were synonymous.”
Mr. Murphy called Mr. Scott a “fierce competitor” and said he was much happier having him as a fellow board member than being in competition with him.
Joe O’Connell, who worked in the reinsurance business and knew Mr. Scott since the 1970s, praised his loyalty to clients, shareholders, staff and family, a trait that he said became particularly apparent in the difficult time after Hurricane Ivan in 2004.
Kathy Kirkconnell of Brac Insurance Associates, which became Cayman General’s agent in 1985, thanked Mr. Scott for his guidance and his friendship over the years.
Mrs. Kirkconnell and her husband, Sister Islands MLA Moses Kirkconnell, presented Mr. Scott – an avid golfer – with two passes to the Saturday and Sunday rounds of this year’s Masters Golf Tournament in Augusta, Georgia.
Judy Campbell, who joined Cayman General 25 years ago, spoke on behalf of the company’s staff, noting how Mr. Scott had always looked out for all staff members “in kind and considerate ways”.
Mr. Scott joined Cayman General Insurance as general manager shortly after it was founded in April 1984 as a subsidiary of Cayman National Corp.
Telling the story, Mr. Scott said he answered an advertisement his brother had seen in the Caymanian Compass.
He said that during the interview for the general manager position, Peter Tomkins, the founder and former president of Cayman National Corp., simply asked when he could start working.
“I said ‘two weeks’, he said ‘how about one week’, I said ‘OK’,” Mr. Scott said, adding it was the beginning of a long, close relationship with Mr. Tomkins.
Mr. Scott said he judges his career not by his successes, but on the relationships he built along the way.
Although he is retiring, he said he will remain active.
“I have absolutely no intention of doing nothing,” he said.