Cayman’s New Home for Property Insurance

Owning property in the Cayman Islands provides both opportunities and challenges. From rising construction costs and coastal exposures to the growing scale of local development, the risks facing Cayman’s property market are constantly changing.

Feb 26

Finding the right coverage, with real clarity, supported by people who genuinely understand what it means to place risks in Cayman, is still harder than it should be. That is why Consilium has built something simpler.

Consilium provides access to A rated global carriers through a single, senior point of contact. One person guides your programme from start to finish, ensuring consistent advice, clear communication and market-leading results. We like to think of it as the Consilium way.

Our Cayman Team

The Cayman Risk Solutions team, Yaremis Hydes, Basil Monteith and Rori-Leigh Mighty, anchors our local presence, providing Cayman clients direct access to the local insurance market in addition to markets in London and Europe.

With an established team on the ground, backed by the technical strength and specialist placement capabilities of our London market experts, Consilium is proud to be Cayman’s new home for property insurance.

Below, we outline the three core pillars of our Cayman property proposition for you to explore and determine what is relevant to you, your portfolio or your tenants.

Commercial Property Insurance

For commercial owners and managers across the Cayman Islands, protecting property means keeping businesses running, tenants supported and investments resilient.

Backed by a local team that understands Cayman’s unique market pressures and the realities of Caribbean catastrophe risk, we provide fast, specialist cover for:

  • Commercial property owners and landlords

  • Business contents owners and tenants

  • Property investors and real estate portfolios

Our solutions are built for the events that matter most in Cayman, including hurricane and earthquake cover. We know that no two commercial assets look the same, so protection is customisable with a range of practical enhancements.

For more on what is covered and these enhancements, download the product sheet here.

Homeowners Insurance

A home in Cayman is more than a structure; it is a long-term investment, a place built for family and for many, a source of rental income. Our homeowners offering caters to a wide spectrum, including:

  • Long-term rental properties

  • Owner-occupied homes

  • Short stay or vacation rentals

  • High net worth homeowners with elevated risk profiles

We bring together broad protection, flexible options and practical support that reflects both everyday domestic risks and the unique catastrophe exposures across the Caribbean.

For more on what is covered and the key benefits, download the product sheet here.

Condominium Insurance

Built specifically for Cayman’s strata communities, this coordinated package protects residential strata corporations by covering physical property, liability exposures and governance responsibilities.

The policy safeguards the collective interests of property owners and supports financial resilience after insured events, offering specialist protection for:

  • Residential strata corporations

  • Strata managers

  • Executive committee members

By bringing core coverage elements into one streamlined programme, it simplifies administration while ensuring appropriate limits and consistent protection for all owners.

For more information on what is covered, download the product sheet here.

A New Standard for Property Protection in Cayman

At Consilium, we envision property insurance as a long-term partnership, where our dedication to client-focused service creates exceptional results - built locally, powered globally and designed around you.

If you would like to discover how these solutions can support your property, portfolio or project, our team would love to talk to you.

Yaremis Hydes

Managing Partner - Consilium Cayman

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Languages

eng
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Basil Monteith

Senior Partner - Consilium Cayman

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Languages

eng
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Rori-Leigh Mighty

Partner - Consilium Cayman

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Languages

eng
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