Marlborough Stirling has launched Marlborough Stirling Administration (Isle of Man) (MSAIOM) to provide outsourced administration services for the offshore life assurance and investment sectors.
MSAIOM is based on the Genesis Life wealth management system. The use of MSAIOM's services will enable life companies to reduce their costs and overcome the difficulties they face in recruiting appropriately skilled staff.
The company already provides outsourced administration services for major offshore life companies in another jurisdictions.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till