The International Investment Offshore Awards are given to the very best providers and products in the offshore life, banking and healthcare industries. The ceremony took place at the Victoria Park Plaza Hotel in London on 15 May this year.
A record number of entries and some fresh names on the shortlist were a feature of this year's International Investment Offshore Fund and Product Awards. Over 40 financial services companies in the life, fund, banking and private health sector entered over 300 products in this year's Awards. Chairperson of the judging panel, Deborah Benn, said: 'The quality of entries this year has been exceptional and has given the judges some tough decisions, but it has been heartening to see the obvious desire to win.'
Benn added: 'In areas of product innovation, service and technology certain offshore companies are way ahead of their onshore counterparts.' Now in its third year, International Investment presented its range of Offshore Awards at its annual Offshore Forum in London at the Victoria Park Plaza Hotel on Thursday, 15 May 2003, in association with Standard & Poor's. The Awards are in honour and recognition of groups who distribute financial products on an international basis. The International Investment Awards continue to be the only awards devoted to acknowledging and bringing the major sectors of the offshore financial services industry together at one event.
Life, banking, fund and private health groups distributing products and service to international clients or from an international centre such as Dublin or Isle of Man were invited to give in-depth details of their products and services. They completed questionnaires were assessed on a range of criteria including product range, innovation, service, support to intermediaries and technology.
Questionnaires were assessed and marked by the judging panel. Those companies achieving the highest marks across each individual criteria went on to the appropriate shortlist. For Best Group awards, shortlisted companies are those that achieved the highest marks across all categories. Individual product awards were assessed on the current need and market conditions for such a product.
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