Fidelity Insurance (Cayman) Limited, a leading insurance broker in the Cayman Islands market for over 35 years, has been sold by the Fidelity Group to regional insurance groups Guardian International and Royal Star Holdings.

Fidelity Insurance’s new owners are two of the largest and most well-respected insurance groups in the region with both groups owning insurance companies that have operated in the Cayman Islands market for over 25 years.

Fidelity Insurance remains an independent broker under the new ownership structure and will continue to offer a full range of general and health insurance solutions for both individuals and companies. The management and staff of the company are unchanged and remain committed to providing the highest quality service to their growing number of clients.

As part of a Transitional Services Agreement with the Fidelity Group the company will retain the Fidelity name and brand for an initial period but will re-brand at a later date.