Alpha Growth's Jeometri Receives Major Mandate

Alpha Growth plc subsidiary Jeometri Insurance Managers (Guernsey) Limited to manage South African life insurer's Guernsey branch

LONDON, UK / ACCESS Newswire / June 8, 2026 / Alpha Growth plc, ("Alpha" or the "Company") (www.algwplc.com) a leading global financial services specialist in the multi-billion dollar market of insurance linked asset and wealth management is pleased to announce that its group company, Jeometri Insurance Managers (Guernsey) Limited, (JIM) has been appointed as insurance manager to the Guernsey branch of a major South African life insurer, adding a significant long-term insurance mandate to its book.

The appointment reflects a wider trend. South African institutions have issued international endowment policies for decades, and several of the country's largest life insurers now run Guernsey branches through which they offer clients hard-currency, internationally domiciled life and savings products. Guernsey's political stability, independent judiciary and established insurance regime have made it one of the domiciles of choice for this business.

As insurance manager, JIM acts as the general representative required under Guernsey law. It serves as the branch's principal point of contact with the Guernsey Financial Services Commission (GFSC), files its annual return and business plan and reports on its regulatory compliance, runs the branch management committee secretariat, and provides the Guernsey-resident Compliance Officer, Money Laundering Reporting Officer (MLRO) and Money Laundering Compliance Officer (MLCO) that the regime requires.

Gary Tansell, Director and Head of Life Insurance at Jeometri Insurance Managers, commented: "South African life insurers have a long-established presence in Guernsey for international life insurance and offshore investment products. We are pleased to support this leading institution through its Guernsey branch. This engagement involved the transition of an existing regulated insurance branch, demonstrating both JIM's technical capability in insurance management and the confidence placed in our Guernsey platform."

JIM expects the flow of South African long-term business into Guernsey to continue.

Jeometri Insurance Managers (Guernsey) Limited Gary Tansell Darren Wadley	[e-mail] [e-mail]
Alpha Growth plc UK Investor Relations

Schreibe Deinen Kommentar