|
Leighton is a Scottish qualified chartered accountant with over eleven years experience in the captive management industry. He joined Willis in Guernsey in 1990, and was promoted to director in 1993. During that time Leighton formed insurance subsidiaries for some of the UK's largest companies, including the London Underground, Abbey National Plc, and Lazards Plc. He worked for Johnson and Higgins in the Cayman Islands in 1995, before returning to Guernsey to set up the AON operation. Following the merger of AON, Bain Hogg, Minet, and Alexander Stenhouse in 1997, Leighton assumed a portfolio of twenty captive companies and was made a Director of the AON owned protected cell company, which is currently the largest in the world. Leighton was primarily responsible for the growth of this company, with clients ranging from the UK, Europe, the Middle East, and South Africa. Many innovative types of insurance were placed in the protected cell company, including multi-year / multi-line covers, securitizations, brand name and balance sheet protections, single life variable annuity products, and punitive damage reinsurance. Leighton has recently been made a Fellow of the Institute of Risk Management, where he won the IAU prize for his dissertation "The Development of the Protected Cell Company." He joined Caledonian Insurance Services Limited in November 2000 where he is managing director. | 