David Allen BA FCA - Director
In accordance with good corporate governance practices and local regulations, MRI is pleased to have secured the services of David Allen, a Guernsey resident who acts as an independent, non-executive director.
Having obtained a Law degree from Cambridge University, David qualified as a Chartered Accountant in 1971. He has over 30 years experience working in the accountancy profession and in industry, both in the UK and overseas.
David gained initial experience in the captive industry in Bermuda. During the past 10 years he has become increasingly involved in directorships of captive insurance companies. David currently sits on the boards of over twenty captive insurance companies.
Alex Magell BSc ACA - Director
Alex's career began in the Audit Department of Grant Thornton, where he qualified as a member of the Institute of Chartered Accountants in England and Wales in 1996. He is also a member of the Securities Institute and the International Tax Planning Association.
He has been directly involved in managing a portfolio of international clients and providing taxation advice on international issues since 1995.
Alex has extensive international experience, being a director of a group of international professional advisers with nine offices around the world. As well as coordinating operations for a number of offices he is also involved in business development. Alex resides in the Channel Islands and travels widely.
John Nelson TEP MIoD
John has been involved on the local finance industry for over 25 years and manages a portfolio of clients as well as developing new business.
He is a member of the Society of Trust and Estate Practitioners, having completed the Diploma in International Trust Management in 2004. John previously worked at a Guernsey trust company for over sixteen years. Prior to this he was employed by BDO Reads and spent a year as Project Leader for expeditions organised by Raleigh International.
Chris Schofield FCII FIRM – Director
Chris has over 40 years' experience in the insurance industry and over 30 years' experience with Captive Insurance. He is the Managing Director of Hepburns Insurance Limited and as the General Representative of MRI is responsible for compliance and reporting to the Guernsey Financial Services Commission.
Chris is a past president of the Insurance Institute of Guernsey and has been a member of a number of industry based working parties, including the Insurance Law Review Committee and the Insurance Education Forum.
Bruce Watterson MSc ACA - Director
Bruce specialises in the establishment, management and administration of offshore structures for both commercial and private clients, and works closely with professional tax advisers, lawyers and fellow accountants.
In addition to captive insurance, his wider industry experience and knowledge extends to fund administration, life assurance, remuneration and retirement benefit structures and substance in international tax planning. Bruce is an Associate member of the Institute of Chartered Accountants in England and Wales.