Business in Brief: CIBC FirstCaribbean launches insurance agency

CIBC FirstCaribbean’s new home and auto insurance was officially launched at a client event at the Marriott resort last week.

Massy United Insurance is underwriting and administering the insurance venture.

Quotes will be available “on the spot,” said Paul Inniss, director of Insurance at CIBC FirstCaribbean. “We can provide a decision within five minutes and customers can be up and running with their policy in just 10 minutes.”

Bedell Trust opens Cayman operation

Bedell Trust has announced the establishment of an operation in Cayman.

Bedell Trust Cayman Ltd. will be managed by an independent Cayman trust and fiduciary business.

Grant Barbour, a director of Bedell Trust Cayman Ltd. who will head up the Cayman business, said the Cayman Islands is one of the leading Caribbean jurisdictions for locating investment structures and is especially popular with clients in the Middle East and the Far East.

“Establishing an operation in Cayman fits with our strategy of investing in leading locations where our clients are doing business and aligning ourselves with like-minded business partners in the key markets,” he said. “It further increases Bedell Trust’s international footprint and enhances our multi-jurisdictional service capabilities.”

EDU365 Group recognized by Microsoft

EDU365 Group has won the 2016 Microsoft Country Partner of the Year Award for the Cayman Islands.

The award recognizes partners at the country level that have demonstrated business excellence in delivering Microsoft solutions to multiple customers during the past year.

Mark Stabler, CEO and head of business development, said, “These awards represent enormous achievements for us as a company and demonstrate recognition, at the highest level, of the valued work undertaken by our teams in helping to improve education in the Caribbean and Africa.”

Awards were presented in several categories, with winners chosen from more than 2,500 entrants from 119 countries worldwide.

EDU365 was recognized for providing outstanding solutions and services, as well as representing excellent subsidiary engagement in The Cayman Islands.

EDU365 Group was also recognized as a finalist in the global categories of Public Sector Education and Cloud Packaged Solutions.

The Small Business Expo showcased 35 local businesses.
The Small Business Expo showcased 35 local businesses.

Small Business Expo attracts dozens of exhibitors

The 2016 Small Business Expo, organized by the Cayman Islands Small Business Association, showcased 35 entrepreneurs at the University College of the Cayman Islands hall last month.

Businesses ranged from healthcare specialists to computer repair companies. Several workshops also took place throughout the day, covering topics from customer service and digital marketing tips, to retail pricing techniques and health insurance information.

CISBA President Dawn McLean-Sawney said the expo strengthened commercial relationships. “Our challenge now is to build on this success and ensure that next year’s expo, tentatively set for April 2017, can deliver on business owners’ expectations,” she said.

Ministry of Commerce Deputy Chief Officer Tamara Ebanks said the expo enjoyed one of the highest exhibitor turnouts in its four-year history.

New Caymanian lawyer joins Maples and Calder

Maples and Calder Partner Matthew Crawford, Katrina Watson and Justice Charles Quin.
Maples and Calder Partner Matthew Crawford, Katrina Watson and Justice Charles Quin.

Maples and Calder articled clerk Katrina Watson was admitted as an attorney-at-law in the Cayman Islands by Justice Charles Quin on May 19.

Ms. Watson joined Maples and Calder in September 2010 as a law student, working part-time while obtaining her law degree. She attended the Truman Bodden Law School where she received her bachelor of laws in 2013 and completed the Professional Practice Course in 2014, with Distinction. She then returned to the firm full-time as an articled clerk. She has joined Maples and Calder’s Investment Funds group.

During her studies, Ms. Watson was the recipient of the Attorney General’s Trophy for best performance in the Qualifying Examination in 2014 and was awarded the O.L. Memorial Award for best performance over the Professional Practice Course in 2014.

Cayman Enterprise City seeks summer interns

Enterprise Cayman, an initiative by the Cayman Enterprise City Special Economic Zone, invites young Caymanians ages 17 to 25 to apply for internships.

The summer internships will make students aware of the new types of technology-focused careers available with tech and media companies in the zone.

“We want Cayman’s next generation to understand that there are career options becoming available beyond the traditional options in financial services and tourism,” said Charlie Kirkconnell, CEO of Cayman Enterprise City. “Being an intern in the zone allows young people to gain an insight into the tech world where they’ll meet international entrepreneurs and other working technology professionals. Zone companies undertake global business, and one simply can’t underestimate the impact this type of international exposure can have on a young mind.”

Some of the types of positions available will be in marketing, social media, search engine optimization, office administration, commodities trading, client services, business development and testing new software.

Students will also be invited to participate in a free entrepreneurship seminar.

Students interested in applying for a “Summer in the City” internship are asked to email a cover letter and resume to [email protected] or visit and click on the internship button to fill out an application.