Island Heritage Insurance Co
Island Heritage Insurance Company, Ltd. is a property and casualty insurer domiciled in the Cayman Islands. Island Heritage Insurance Company, Ltd. is licensed by the Cayman Islands Monetary Authority (CIMA) as a Class A Local Insurer under license number 2075, a license held since 22 April 1996 according to CIMA’s published list of insurance licensees. The company underwrites personal and commercial lines including motor, home, yacht and commercial property cover, alongside group life, disability and pension products offered through an affiliated retirement trust. Island Heritage Insurance Company, Ltd. is based at Island Heritage House on Seven Mile Beach, Grand Cayman, and extends insurance cover across a number of Caribbean jurisdictions, including Anguilla, Antigua, the Bahamas, Barbados, the British Virgin Islands, Dominica, Grenada, St Kitts and Nevis, St Lucia, St Vincent and the Grenadines, Turks and Caicos, and the US Virgin Islands. The company holds a Financial Strength Rating of A (Excellent) from AM Best (AMB# 086644), a rating it has carried since 2001 and which was most recently affirmed on 23 June 2026. Island Heritage Insurance Company, Ltd. publishes audited consolidated financial statements on its own website for financial years back to 2012, though specific premium or asset figures are not presented in narrative form there. No registration number, incorporation date or registry status from the Cayman Islands General Registry is on file for this entity, and the CIMA license date should not be read as its date of incorporation. The most recent CIMA insurance-licensee document located for this record is dated 31 December 2019; no later CIMA publication confirming continued license status was found, though the AM Best rating affirmed in June 2026 and the company’s active website indicate ongoing operation.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
Shareholders of Island Heritage Insurance Company, Ltd.
The Cayman Islands General Registry does not publish shareholder registers or beneficial-ownership filings for private companies, and no shareholder list for Island Heritage Insurance Company, Ltd. was located through the Cayman Islands Monetary Authority (CIMA) or any other public registry. Cayman company law does not require this information to be filed publicly, so no direct shareholder names or shareholding percentages can be confirmed from an official source as of 18 September 2026.
Ultimate beneficial ownership
No natural-person ultimate beneficial owner can be identified or calculated for Island Heritage Insurance Company, Ltd. AM Best’s financial-strength rating analysis identifies Allshores Limited (formerly BF&M Limited), a company listed on the Bermuda Stock Exchange under ticker ALSH.BH, as the topmost entity in the corporate structure that includes Island Heritage Insurance Company, Ltd. Because Allshores Limited is itself a publicly traded company with a dispersed shareholder base, and because the intermediate ownership chain between Allshores Limited and Island Heritage Insurance Company, Ltd. is not disclosed in the sources reviewed, no effective percentage ownership can be calculated for any individual. This corporate relationship is addressed further in the group-structure section of this profile.
Data availability
Shareholder and beneficial-ownership information for this company is classified as Not public. The Cayman Islands does not maintain a publicly searchable shareholder or beneficial-ownership register, and no shareholder filing, CIMA disclosure or company statement naming individual shareholders was located.
Sources
- Cayman Islands Monetary Authority, List of Insurance Companies by License Type (as at 31 December 2019), https://www.cima.ky/upimages/commonfiles/InsuranceCompaniesbyLicenseType_1584998201.pdf, retrieved 18 September 2026
- AM Best, Company Profile: Island Heritage Insurance Company, Ltd. (AMB# 086644), https://ratings.ambest.com/CompanyProfile.aspx?BL=0&ambnum=86644&AltNum=78486644&AltSrc=3, retrieved 18 September 2026
- Bermuda Stock Exchange, Company Details: Allshores Limited, https://www.bsx.com/company_details.php?CompanyID=101, retrieved 18 September 2026
Officers
Directors and officers of Island Heritage Insurance Company, Ltd.
The Cayman Islands General Registry does not publish a public register of directors or officers for private companies, and the Cayman Islands Monetary Authority’s insurance-licensee list records only the license name, number and date, not director or officer names. No CIMA disclosure or registry filing naming the directors, secretary or legal representatives of Island Heritage Insurance Company, Ltd. was located.
The company’s own website lists a seven-member leadership team headed by Abigail Clifford as Group President and Chief Executive Officer, alongside a Group Chief Financial Officer, Group Chief Human Resources Officer, Group Head of Benefits, Group Chief Corporate Development Officer, Group General Counsel and Chief Compliance Officer, and Group Chief Capital and Risk Officer. This page presents the executive committee of the wider Allshores group of companies rather than a list of the registered directors or officers of the Cayman Islands legal entity specifically, and it is self-reported website content rather than officer information verified through a companies registry or regulatory filing. Appointment dates, resignation history, occupation and nationality are not disclosed on the page.
Data availability
Officer and director information for this company is classified as Not public for registry purposes. No authoritative source discloses the Cayman-registered directors, company secretary or legal representatives of Island Heritage Insurance Company, Ltd., and the group-level executive names published on the company’s own website should not be treated as verified entity-level officer records. Nationality is not disclosed by any source reviewed.
Sources
- Island Heritage Insurance, Leadership, https://islandheritageinsurance.com/leadership, retrieved 18 September 2026
- Cayman Islands Monetary Authority, List of Insurance Companies by License Type (as at 31 December 2019), https://www.cima.ky/upimages/commonfiles/InsuranceCompaniesbyLicenseType_1584998201.pdf, retrieved 18 September 2026
Group Structure
Group structure of Island Heritage Insurance Company, Ltd.
Island Heritage Insurance Company, Ltd. is not an independent company; it forms part of a wider insurance group. AM Best’s financial-strength rating analysis identifies Allshores Limited (AMB# 084104) as the AMB Ultimate Parent of Island Heritage Insurance Company, Ltd. (AMB# 086644). Allshores Limited was formerly named BF&M Limited, a Bermuda-based holding company that has been listed on the Bermuda Stock Exchange under ticker ALSH.BH since 30 May 1998. Business news reporting from around 2012 describes BF&M Limited as having acquired Island Heritage Insurance Company for approximately US$68 million, and AM Best’s 2015 rating commentary refers to the Island Heritage acquisition as already completed and contributing to BF&M’s property and casualty diversification. BF&M Limited amalgamated with Argus Insurance Group in January 2025 and adopted the Allshores name in May 2025 following shareholder approval.
The precise intermediate ownership chain between Allshores Limited and Island Heritage Insurance Company, Ltd., including whether Island Heritage is held directly or through an intermediate Cayman or Bermuda holding company, and the exact ownership or voting percentage involved, is not disclosed in the sources reviewed. No subsidiaries of Island Heritage Insurance Company, Ltd. itself were verified. A related Cayman-registered pension provider, Island Heritage Retirement Trust Company, was approved in 2018, but its precise corporate relationship to Island Heritage Insurance Company, Ltd. was not confirmed through an official filing.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Allshores Limited (formerly BF&M Limited) | Bermuda | Not disclosed in sources reviewed | Ultimate parent (per AM Best analysis) | Ownership percentage not disclosed | Active; listed on Bermuda Stock Exchange (ALSH.BH) | Rating affirmed 23 June 2026 |
Recent structural changes
- January 2025: BF&M Limited amalgamated with Argus Insurance Group (Bermuda Stock Exchange).
- May 2025: BF&M Limited adopted the new group name Allshores Limited following shareholder approval (Bermuda Stock Exchange / Royal Gazette).
Data availability
Group-structure information for this company is classified as Parent only. The ultimate parent relationship is identified through AM Best’s rating analysis and corroborated by Bermuda Stock Exchange listing history, but the direct or immediate shareholder, any intermediate holding companies, and ownership percentages are not disclosed in the sources reviewed. No independent subsidiaries of Island Heritage Insurance Company, Ltd. were verified.
Sources
- AM Best, Company Profile: Island Heritage Insurance Company, Ltd. (AMB# 086644), https://ratings.ambest.com/CompanyProfile.aspx?BL=0&ambnum=86644&AltNum=78486644&AltSrc=3, retrieved 18 September 2026
- Bermuda Stock Exchange, Company Details: Allshores Limited, https://www.bsx.com/company_details.php?CompanyID=101, retrieved 18 September 2026
- The Royal Gazette, “BF&M to rebrand as Allshores Limited,” 29 April 2025, https://www.royalgazette.com/local-business/business/article/20250429/bfm-to-rebrand-as-allshores-limited/, retrieved 18 September 2026
- The Habari Network, “Bermuda insurer BF&M Limited, acquires Cayman-based Island Heritage Insurance Company,” https://www.thehabarinetwork.com/bermuda-insurer-bfm-limited-acquires-cayman-based-island-heritage-insurance-company, retrieved 18 September 2026
Get complete shareholder and officer records, ultimate beneficial owner resolution, and ongoing ownership monitoring.
Frequently Asked Questions
What does Island Heritage Insurance Company, Ltd. do?
Island Heritage Insurance Company, Ltd. is a Cayman Islands-domiciled property and casualty insurer offering motor, home, yacht and commercial insurance, plus group life, disability and pension products, to customers across the Cayman Islands and several other Caribbean territories.
Where is Island Heritage Insurance Company, Ltd. registered and regulated?
It is domiciled in the Cayman Islands and licensed by the Cayman Islands Monetary Authority (CIMA) as a Class A Local Insurer.
What is Island Heritage Insurance Company, Ltd.'s CIMA license number and class?
CIMA license number 2075, held as a Class A Local Insurer since 22 April 1996, per CIMA's published list of insurance licensees (the most recent such CIMA document located for this record is dated 31 December 2019).
Does Zavia have a company registration number on file for Island Heritage Insurance Company, Ltd.?
No Cayman Islands General Registry company registration number is on file. Only the CIMA insurance license number (2075) has been publicly verified for this entity.
Does Zavia have an incorporation date on file for Island Heritage Insurance Company, Ltd.?
No incorporation date is on file. CIMA records a license date of 22 April 1996, but a license date is not necessarily the same as the date of incorporation, and no Cayman Islands General Registry incorporation record was located.
What insurance products does Island Heritage Insurance Company, Ltd. offer?
Motor, home, yacht and commercial property insurance, along with group life, disability cover and pension services offered through an affiliated retirement trust, according to the company's own website.
Which countries does Island Heritage Insurance Company, Ltd. operate in?
Its website states it provides cover in the Cayman Islands, Anguilla, Antigua, the Bahamas, Barbados, the British Virgin Islands, Dominica, Grenada, St Kitts and Nevis, St Lucia, St Vincent and the Grenadines, Turks and Caicos, and the US Virgin Islands.
Who owns Island Heritage Insurance Company, Ltd.?
AM Best's rating analysis identifies Allshores Limited (formerly BF&M Limited), a Bermuda Stock Exchange-listed company, as the ultimate parent. The direct shareholder and exact ownership percentage are not disclosed in the sources reviewed.
Is Island Heritage Insurance Company, Ltd. part of a larger corporate group?
Yes. It forms part of a group ultimately headed by Allshores Limited (formerly BF&M Limited), per AM Best's ultimate-parent designation, corroborated by Bermuda Stock Exchange listing records.
Who are the directors and officers of Island Heritage Insurance Company, Ltd.?
No Cayman registry or CIMA source discloses the entity's registered directors or officers. The company website lists a group-level executive leadership team, which is self-reported content covering the wider Allshores group rather than verified, entity-specific officer records.
What financial strength rating does Island Heritage Insurance Company, Ltd. hold?
AM Best rates it A (Excellent) (AMB# 086644), a rating held since 2001 and most recently affirmed on 23 June 2026.
Are shareholder details for Island Heritage Insurance Company, Ltd. publicly available?
No. Shareholder and beneficial-ownership information is classified as Not public, since the Cayman Islands does not maintain a publicly searchable shareholder register for private companies.
Does the on-file website for Island Heritage Insurance Company, Ltd. still work?
The on-file domain, islandheritageinsurance.ky, redirects (HTTP 301) to islandheritageinsurance.com, which is the company's current active website.
When did Island Heritage Insurance Company, Ltd. become part of the BF&M/Allshores group?
Business news reporting places the BF&M Limited acquisition of Island Heritage Insurance Company around 2012, for a reported price of approximately US$68 million; this has not been independently confirmed through an official regulatory filing.
Does Island Heritage Insurance Company, Ltd. publish financial statements?
Yes. Its website makes audited consolidated financial statements available for download for financial years back to 2012, although specific figures such as premium volume or total assets were not extracted for this profile.