Prime Management receives accolade for services to insurance-linked securities (ILS) market

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Prime Management Limited, a Bermuda headquartered independent provider of fund administration services to onshore and offshore hedge funds with a focus on insurance-linked securities, has been recognised for its services to the ILS market. In the annual Global Custodian Hedge Fund Administration Survey, Prime Management achieved an overall score of 6.79 out of 7 and received “Best in Class” awards in all 14 of its eligible categories.

This is the fourth consecutive year that Prime has been recognized by this survey for the quality of its client service and the specialized knowledge of its staff. Prime has a core focus on servicing the ILS space, offering fund administration and other services to investment structures, sponsors and managers in the insurance linked securities market.

Comments from clients of Prime Management which were quoted in the survey really drive home the reputation the firm is building. One client said, “The knowledge of the team, attention to detail, and responsiveness that we receive from the dedicated ILS client team is exceptional. We would highly recommend Prime to any new ILS fund seeking to use an administrator.” Another client simply commented, “The best we have ever encountered.”

Joe Kelly, Director of Prime said; “We are thrilled at the excellent overall score we received in this year’s Global Custodian survey and are particularly gratified by our continued recognition as excelling in the category of client service, a reflection of the commitment of all of our staff to provide the highest possible service to our clients.”

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