1 min read

Insurtech success highlights Cayman’s attraction for reinsurance start-ups

Insurtech success highlights Cayman’s attraction for reinsurance start-ups

Insurtech Gains Ground in the Cayman Islands

Cayman-based insurtech Kettle recently made headlines with a significant partnership with U.S. insurer RLI. This collaboration shines a light on the growing success of reinsurance start-ups in the region.

Details of the Partnership

Kettle, which focuses on using advanced technology for risk assessment and management, has entered into a strategic relationship with RLI. This deal is notable because it underscores how insurtech firms are finding fertile ground in the Cayman Islands, a jurisdiction known for being business-friendly and financially stable.

Impact on the Insurtech Landscape

The partnership not only affirms Kettle’s position in the market but also signals potential growth for other start-ups in the Caribbean. The Cayman Islands has become an attractive hub for reinsurance ventures largely due to its regulatory environment, which is conducive to innovation and development.

With established firms like RLI showing interest in collaboration, start-ups may find increased opportunities for investment and growth, ultimately benefiting their services and products. This trend could lead to a more diverse and competitive industry landscape, providing customers with better options.

Conclusion

The collaboration between Kettle and RLI highlights how the Cayman Islands is emerging as a notable location for reinsurance start-ups. As more companies recognize the advantages of operating in this jurisdiction, we may see a shift in where insurtech innovation occurs in the insurance landscape.

Original Source: https://www.caymancompass.com/2026/02/27/insurtech-success-highlights-caymans-attraction-for-reinsurance-start-ups/

Daniel Loeb fights investors over plan to convert London vehicle into Cayman insurer

Daniel Loeb fights investors over plan to convert London vehicle into Cayman insurer

Overview of the Governance Challenge The recent dispute regarding Tussle highlights the ongoing scrutiny surrounding related-party transactions under...

Read More
Mantas Secures In-Principle Approval for Category 4 Licence in the UAE

Mantas Secures In-Principle Approval for Category 4 Licence in the UAE

Mantas has recently received In-Principle Approval (IPA) for a Category 4 licence from the Dubai Financial Services Authority (DFSA). This...

Read More
Plymouth Rock's Martin encourages insurers to maintain 'urgency' of a startup

Plymouth Rock's Martin encourages insurers to maintain 'urgency' of a startup

Encouraging a Startup Mindset in Insurance Bill Martin, the president and CEO of Plymouth Rock Home Assurance, emphasizes the importance of keeping...

Read More