William “Willie” Forsythe to Retire as General Manager of IMAC after 15 Years of Service to the Cayman Islands Captive Insurance Industry

On June 30, 2023, William “Willie” Forsythe (Willie) will retire as General Manager of the Insurance Managers Association of Cayman (IMAC) after nearly 15 years of dedicated service to the jurisdiction’s captive insurance industry.

“Willie has been integral to the growth of IMAC for more than a third of its existence and deserves enormous credit for the success we have had in promoting the Cayman Islands captive insurance industry,” said Lesley Thompson, IMAC Chairperson. “Professionals across the industry have come to depend on the phrase ‘just call Willie’ to get the information and action we needed and that expertise and reliability will be greatly missed.”

Willie Forsythe relocated to the Cayman Islands as a Senior Auditor with Coopers & Lybrand in 1981. After 22 years in senior professional roles with other industry associations and companies, Willie joined IMAC as General Manager in 2008.

In Willie’s role, he has continuously supported the Executive committee and has touched every aspect of IMAC, including finance, marketing, fund raising and IMAC events. Willie has been especially integral to the planning of the annual Cayman Captive Forum (CCF) - IMAC’s signature event that is due to celebrate its 30-year anniversary this November. More $5 million has been raised by CCF and used to fund the IMAC Educational Scholarship Foundation (ESF), which has helped 64 Caymanian students to attend University.

“Willie’s familiar face, helpful attitude and extensive experience will be missed by everyone at IMAC and throughout the industry,” continued Thompson. “The entire IMAC membership and Cayman captive insurance industry wish Willie the very best in his well-earned retirement and for the extended travels he has planned.”    

IMAC is retaining Kevin Poole as a consultant to assist the association during the transition period following Willie Forsythe’s retirement.