The Commission to Appoint New Director of Insurance

9th November 2010

​The post of Director of Insurance at the Guernsey Financial Services Commission is to be advertised following the announcement that Diane Colton will leave at the end of this year.

Ms Colton leaves the Commission after many years of service and having played a significant role in Guernsey’s captive insurance success.

She has been actively involved with the International Association of Insurance Supervisors and the Offshore Group of Insurance Supervisors.

Director General of the Guernsey Financial Services Commission Nik van Leuven said: “I have known Diane since the early days of the development of the Protected Cell Company legislation and immediately came to respect her knowledge and ability.”

“The high quality of Guernsey’s regulation of insurance business and insurance intermediaries owes a very great deal to her and her development of Guernsey’s profile has proved invaluable, particularly in the international context.”

The position will be advertised in line with GFSC policy.