Guernsey's Training Agency has set up a Certificate in Captive Management course in conjunction with Glasgow Caledonian University, to support its status as Europe's biggest captive domicile.

The course will be launched at the island's captive conference Risk 2002 on 18 September, organised by the Guernsey Insurance Company Management Association (GICMA).

The course will comprise a six-month distance learning study period with an exam set by the university's risk division.

GICMA chairman Clive James said he expected most of the places on the course to be taken up by staff from Guernsey's captive management companies, accounting and law firms.

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