For a better experience on Cayman Islands Monetary Authority, update your browser.
Cayman Islands
SIX, Cricket Square
PO Box 10052
Grand Cayman KY1-1001
Cayman Islands
linkedin

Follow us on Facebook

linkedin

Follow us on LinkedIn

Call us on

+1 (345) 949-7089

Business Hours

Monday - Friday, 8:30 a.m - 5:00 p.m

 Insurance application forms can also be accessed via REEFS. Applicants who wish to become authorised users of REEFS must submit a request to Reefs_Insurance@cima.ky.


Note: The following items marked with NEW have been recently added or updated.

Insurer Licence

The relevant application form, duly completed and accompanied by supporting documentation and the prescribed fee, is used when applying to carry on insurance business as a Class "A", “B”, “C”, or “D” Insurer.

Insurance Broker Licence

This application form, duly completed and accompanied by the relevant supporting documentation and the prescribed fee, is used when applying for a licence to carry on business as an insurance broker within or from within the Cayman Islands.

Insurance Agency Licence

This application form, duly completed and accompanied by the relevant supporting documentation and the prescribed fee, is used when applying for a licence to act as an agent of an insurance company licensed to carry on business within the Cayman Islands.

Insurance Manager Licence

This application form, duly completed and accompanied by the relevant supporting documentation and the prescribed fee, is used when applying for a licence to act as an insurance manager within the Cayman Islands.

Annual Return

The Insurance Law requires every licensed Class ‘A’, ‘B’, ‘C’, and ‘D’ insurer, insurance manager, insurance agent and broker to submit their annual return filing through REEFS, along with its financial statements. Such filings are due within six months of the respective entity’s financial year-end and must be sent by email to informs@cima.ky.

Affidavit

This is the standard affidavit form to be used when submitting director or shareholder applications.

Cyber Incident Report

This form is intended to provide a systematic and standardised means of alerting the Authority of cyber breaches, and to provide periodic update reports through to incident resolution. A cyber incident should be reported immediately when it is deemed to have a material impact or has the potential to become a material incident. Material cyber threats may include instances of significant loss of data or system controls; potential to impact a significant volume of clients; where unauthorised parties are able to gain or has gained access to your systems; unauthorised parties are able to introduce material, software, viruses, or spyware to your systems; and/or alter or extract data from your systems. Cyber incident report forms should be submitted to ContactInsurance@cima.ky.   

Personal Questionnaire

The Authority requires that every director, officer, manager and shareholder who is a natural person holding more than 10%, who wish to be appointed to a company licensed under the Insurance Act, complete a personal questionnaire and submit it with the supporting documentation described in the Insurance (Forms) Regulations.