Investors Trust Names Alan Brooks as New Member of Its Board of Directors

October 28, 2009 7:00 AM EDT

GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)-- Investors Trust Assurance SPC ("Investors Trust") today announced Alan Brooks has been named to the company's board of directors. Mr. Brooks, 63, is recognized as a knowledgeable leader in the offshore insurance industry.

"We are delighted to have Alan join the board of directors at Investors Trust," said Investors Trust CEO William Zelaya. "Alan's exceptional global experience as a senior financial executive, coupled with a wealth of experience in developing robust financial systems and strong management teams, will allow him to advise Investors Trust towards greater success within our industry."

Mr. Brooks is a director of Greenlight Capital Re, Ltd., a Cayman Islands-based open market property and casualty reinsurance company listed on the NASDAQ (GLRE), as well as a shareholder and director of Genesis Trust and Corporate Services Ltd., a Cayman Islands-based trust and management company. Mr. Brooks was the non-life insurance practice partner at KPMG in the Cayman Islands from 1984 to 1999 and was then engaged as a consultant by KPMG from February 2001 until his retirement in July 2003.

In that time span, Mr. Brooks specialized in providing audit and liquidation services to the offshore insurance industry. Mr. Brooks has been the audit partner to more than 150 licensed insurance companies in the Cayman Islands, ranging from companies writing property and casualty, life and credit as well as special purpose vehicles formed in accordance with United States, United Kingdom, Canadian and International GAAP.

Before qualifying as a Chartered Accountant, Mr. Brooks received a Diploma of Education from the North Buckinghamshire College of Education in 1968. Mr. Brooks has been a Fellow of the Institute of Chartered Accountants of England & Wales since 1979.

About Investors Trust Assurance SPC

Investors Trust Assurance SPC is an AM Best "B++" (Good) rated leader in the offshore insurance business offering comprehensive unit-linked insurance plans to investors in Latin America and Asia Pacific. Established in 2002, Investors Trust is a registered Cayman Islands insurance company holding an Unrestricted Class B Insurer License. Investors Trust seeks to provide opportunities to its policyholders through access to the global financial markets. Visit www.investors-trust.com for more information.


    Source: Investors Trust Assurance SPC

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