1Edge Insurance PCC Limited (“1Edge”), a Guernsey-based insurer, is preparing to launch a digital platform designed to streamline the administration of offshore bonds for UK advisers and their clients.
Developed and issued from Guernsey, the platform showcases the island’s ability to combine digital agility with a world-class regulatory environment. It introduces a fully digital onboarding and policy management experience, simplifying the entire lifecycle of an offshore bond.
Chris Kenning, CEO of Stubben Edge Group Limited and Director of 1Edge, said:
“Offshore bonds remain an important tool for international wealth planning, but the administration of these structures has historically relied on processes that are no longer aligned with the expectations of modern advisers.
By developing this platform in Guernsey, we are able to combine digital innovation with the island’s well-established regulatory framework for international insurance business.”
Modernising the traditional offshore bond process
The 1Edge platform addresses the historical inefficiencies of offshore bonds, such as paper-based applications and manual identity verification, by introducing a streamlined, digital-first approach. This elegant solution enables digital submissions, integrated onboarding, and provides advisors and their clients with real-time visibility of application progress.
By digitising these core processes, the platform significantly improves operational efficiency while retaining the powerful tax-planning benefits of offshore bonds.
Built on Guernsey’s long-standing regulatory strength
The platforms credibility is anchored in its regulatory foundation. All bonds will be issued through 1Edge Insurance PCC Limited, a Guernsey-incorporated insurer fully licensed by the Guernsey Financial Services Commission.
The strategic choice of jurisdiction allows 1Edge to build its modern platform upon Guernsey’s world-class reputation for regulatory excellence and political stability. It combines the island’s deep-seated expertise in the international insurance sector with a framework that ensures the highest standards of policyholder protection are met.
Richard Sharp, Partner at Ogier and Director of 1Edge, added:
“Guernsey’s reputation as a leading international centre for insurance and cross-border wealth planning made it a natural choice for this venture. The stability of the legal environment and the deep expertise of the professional services community here provide the ideal foundation from which to launch an innovative and secure solution for the advisor market.”
Supporting the advisor community
The offshore bond structure provides advisers with access to a broad range of investment options through approved platforms and allows for tax-deferred investment growth, subject to individual circumstances.
1Edge plans to launch the platform soon and will share further details with financial advisers in due course.
