Isle of Man-based companies won ten awards out of a total 14 award categories in this year’s International Investment Fund and Product Awards.

In four awards, five local companies were ‘highly commended’.

Notably, AXA Isle of Man, Fairbairn Private Bank and Royal Skandia were declared winners in two categories each, while Anglo Irish Bank (Isle of Man), Lloyds TSB Offshore, HSBC Bank and Britannia International each won a category.

Other Island businesses that were recognised and ‘Highly Commended’ include Bradford & Bingley and Kaupthing Singer & Friedlander International.
Treasury Minister Allan Bell MHK (pictured) says the awards also endorse the Isle of Man’s financial services industry, the leading segment of our thriving economy, and further enhance the Isle of Man’s reputation as a centre of excellence.

Across all sectors the Island pays particular attention to quality of service, value for money, innovation and speed of response, enabling it to be positioned at the forefront of the global arena.’

Jersey beat off opposition from the Isle of Man in being named the best international finance centre.

The awards were attended by more than 300 leading financial services providers.

Best International Life Product Range:
Royal Skandia

Best International Life Group:
AXA Isle of Man

Best International Platform Provider:
Fairbairn Private Bank

Best Offshore Bank Product:
Anglo Irish Bank Isle of Man – Privilege 12 month bond
‘Highly Commended’ – Bradford & Bingley – eAccess

Best Offshore Bank Range:
Lloyds TSB Offshore

Best Offshore Bank Group:
HSBC Bank International
‘Highly Commended’ – Britannia International

Best International Private Bank:
Fairbairn Private Bank
‘Highly Commended’ – Kaupthing Singer & Friedlander International

Best Offshore Structured Product Provider:
Britannia International for Optimum & Guaranteed Bonds

Best Commitment to Service:
Royal Skandia
‘Highly Commended’ - AXA Isle of Man Limited and Fairbairn Private Bank