Cyril Whitter received his formal accounting training at The Bermuda College where he received a Diploma in Accountancy in 1978. He then joined Jardine Pinehurst Management Company Limited as an accountant specializing in the management of captive insurance companies and was appointed Senior Vice President in 1991. He remained at Jardine Pinehurst until 1993 when he joined Independent Management Ltd.
Cyril’s experience in the management of insurance companies has resulted in the development of expertise in many areas including: the administration of and financial reporting for insurance companies domiciled in Bermuda, Barbados, The Cayman Islands and Hong Kong. His experience covers many classes of insurance including property/casualty, medical malpractice, professional liability, directors & officer’s liability, group life and health, strike insurance and employment practices liability insurance.
He was appointed Executive Vice President of Independent Management in 2007 with responsibility for day-to-day operations. In this position he worked closely with IML’s President on new business development and company formations. Cyril was appointed President and CEO of IML in 2009.
He was the recipient of the 2022 Fred Reiss Lifetime Achievement Award for outstanding commitment and contribution to Bermuda’s captive insurance industry.
On April 1, 2024 Cyril stepped down as president and CEO of IML. He continues to serve as Director of IML and its parent Company.