Knowledge

Bedell Cristin Guernsey has been named offshore law firm of the year in the UK Captive Services Awards 2014.

It is the second year in succession that the firm has won the award, which recognises excellence in the delivery and management of captive insurance and celebrates those who have shaped the industry in the last year.

Bedell Cristin managing partner in Guernsey, Mark Helyar, said that the renewed recognition reflected the firm's continuing growth in the insurance sector, where it is taking an increasingly large share of the market. He added:

'In another strong year for the firm, our top tier status as an insurance and reinsurance practice was acknowledged, we continued to recruit key people, advised on a number of innovative deals and have pioneered developments in the use of offshore captives and ILS structures. We were also pleased to see other deals on which we have advised winning awards and nominations for our clients in a number of other categories.'

The UK Captive Services Awards, which formed part of the Captive Live UK Conference, took place on Monday 24 February 2014 in London. It included more than 20 award categories across a variety of sectors, including legal, advisory, technology and captive management and the judging panel included leading industry practitioners.