Business in brief: RE/MAX broker James Bovell launches new brand and team

From left, Crystal Lyn, James Bovell, Fleur Coleman and Mabel McMillan, the new Bovell team.

Realtor James Bovell, broker/owner RE/MAX Cayman Islands and his team have launched a new brand, known as Bovell.

Mr. Bovell is a top selling residential real estate agent in the Cayman Islands and top seller in the Caribbean within the RE/MAX family.

“We are extremely excited that we are able to launch our new brand both locally and internationally and to share with our clients our fantastic enhanced service offering,” Mr. Bovell said.

“Bovell, operating as a team within the No. 1 real estate brand in the world, RE/MAX, is all about the brilliant team of real estate experts that we have managed to pool together and, as a result, the exceptional customer service that we are able to provide all our clients, whether they are buyers or sellers of Cayman Islands real estate.”

Mr. Bovell says he seeks to maximize the individual talents and skill sets of each of the team members, who include executive assistant Mabel McMillan, transaction coordinator Crystal Lyn and sales assistant Fleur Coleman.

“Our new branding very much stands for teamwork,” Ms. McMillan said. “When a client contacts Bovell they can be secure in the knowledge that we are all working on the same page, with a single focus on the client and how we can help them through the real estate process, from start to finish, and beyond.”

The team’s new branding also includes a new website

Guernsey law firm AO Hall joins Walkers

AO Hall LLP, a specialist Guernsey-based provider of legal services, will become part of offshore law firm Walkers.

AO Hall, which will change its name to Walkers (Guernsey) LLP, will provide specialist Guernsey law legal services in Guernsey and jurisdictions around the world under the Walkers brand.

Walkers (Guernsey) LLP will provide an integrated range of services to clients in finance, corporate and investment funds, dispute resolution, insolvency and restructuring, employment, pensions, trusts and fiduciary.

Ingrid Pierce, Walkers’ global managing partner, said the decision to expand the group’s reach into Guernsey was driven by clients’ needs.

“We have for some time had clients, particularly in Europe, asking us for Guernsey legal services and the opportunities presented in Guernsey make it the logical next step to providing seamless offshore legal services to clients across this region,” she said.

Walkers (Guernsey) LLP will continue to be managed by Louise Hall, the managing partner at AO Hall, and the entire AO Hall team will remain in place to ensure a seamless transition.

“Becoming part of Walkers offers us and our clients the opportunity to reach a global market and we are delighted that a firm of the caliber and international reputation that Walkers enjoys has chosen Guernsey for its continued global growth,” Ms. Hall said. “This clearly demonstrates Walkers’ confidence in Guernsey as an important offshore business center.”

AO Hall was founded in 2005 with a team of five and has grown to more than 25 staff.

Aon wins top honors at 2016 Trading Risk Awards

Aon Securities CEO Paul Schultz won Outstanding Contributor of the Year and Aon Insurance Managers (AIM) was named Market Facilitator of the Year at the 2016 Trading Risk Awards last week.

As CEO of Aon Securities, Mr. Schultz helped develop the firm’s market leading practice advising clients on mergers and acquisitions, starting new companies and transferring insurance risk to the capital markets, AON said in a press statement. Mr. Schultz joined Aon in 2000 and also leads Aon Benfield’s investment banking team.

“I am very honored to receive the Trading Risk award for outstanding contributor, especially given how integral insurance-linked securities have become to many (re)insurers’ risk transfer strategies,” Mr. Schultz said. “With $72 billion of capital now deployed in alternative capital investments, we are only just beginning to realize the potential of this market. It has truly been a privilege to serve our clients in this space, and I look forward to the opportunities that will arise moving forward.”

Aon Insurance Managers, awarded Market Facilitator of the Year, provides a full range of global management services to all types of Insurance-Linked Securities (ILS), collateralized reinsurance, including through its White Rock group of transformer companies, and structured insurance vehicles. AIM has more than 500 employees in 41 domiciles, and manages more than 1,100 insurance entities worldwide.

“This honor fulfills an aspiration for Aon Insurance Managers to be recognized as the best ILS service provider to the market and our entire team thank our clients for allowing us to be their trusted partner,” said Steve Britton, managing director of ILS at Aon Insurance Managers. “As the ILS market continues to grow in both size and relevance globally, Aon Insurance Management is pleased to play a key role in each of the leading ILS jurisdictions.”

Ogier wins Citywealth award for rebrand

Ogier won the Best Rebranding Campaign award for its firmwide brand refresh in June 2015 at the Citywealth Brand Management and Reputation Awards in London on June 21.

The firm was also awarded silver in the Best Website category.

“We think that our brand stands out for the same reason that Ogier stands out – it cuts right through, removes unnecessary complexity and speaks plainly about who we are and what we value,” said Ogier’s Head of Marketing Kate Kirk.

“This is the 10th award that we have won since the rebrand, and we are currently the Offshore Law Firm of the Year according to both The Lawyer and Chambers Europe.

Ogier beat seven other shortlisted candidates for the Best Rebranding Campaign award, and was one of five nominated for Best Website.

Winners of the inaugural award were judged by a panel of eight industry specialists and academics, as well as an online vote.

Harneys shortlisted for STEP International Legal Team of the Year

Harneys has been named as an International Legal Team of the Year finalist for the STEP Private Client Awards 2016/17. Harneys said it is the only offshore law firm to be shortlisted in this category, which recognizes leaders in the provision of global, cross-border legal advice to private clients and their advisers.

Henry Mander, partner and head of Harneys’ Trusts practice, said the nomination reflects the firm’s ongoing growth and commitment in the areas of trusts and private client.

During the past year Harneys hired lawyers across several of its offices, developed its private client, trusts and general private wealth offering, and launched a fiduciary services arm in Bermuda to complement its global corporate and fiduciary services offerings.

The STEP Private Client Awards recognize leading private client solicitors, barristers, accountants, bankers, trust managers and financial advisers in the private client industry across a range of different categories including multi-family office, philanthropy and investment teams. Winners are selected by an independent panel of experts of internationally renowned wealth management practitioners, and will be announced on Sept. 8.

Shawn Seymour and Tallyn McTaggart recently joined the Cayman Islands Institute of Professional Accountants.
Shawn Seymour and Tallyn McTaggart recently joined the Cayman Islands Institute of Professional Accountants.

Accounting institute takes on new recruits

Liaison officer Tallyn McTaggart and operations and regulatory manager Shawn Seymour joined the Cayman Islands Institute of Professional Accountants in May.

CIIPA CEO Sheree Ebanks said, “Both bring different talents to the team and we are very pleased to welcome them to the CIIPA family.”

“It’s off to a great start,” said Ms. McTaggart. “I’m involved in events planning, which means I have a chance to meet and interact with different people. It’s great to be part of a team where we’re all working towards the same goal.”

Mr. Seymour said that he looks forward to growing within the organization: “There’s definitely a camaraderie here that I haven’t experienced elsewhere.”

Since rebranding from Cayman Islands Society of Professional Accountants to CIIPA, the professional society has assumed the role of educator and regulator in the finance industry.