IOMA Group, the oldest Independent Life Company on the Isle of Man, won Best International Trust and Estate Planning Product at the Professional Adviser International Fund and Product Awards 2015.

Now in their 16th year, the awards have become an established part of the offshore calendar, held in honour and recognition of groups who distribute financial products and services internationally.

IOMA’s Legacy Gift Plan (LGP) is a simple yet powerful estate planning solution for those wishing to secure their legacy for future generations. Seeing off strong competition from AXA, Canada Life International and Old Mutual International, the Legacy Gift Plan is designed to pass on wealth without any nil rate band restrictions, in a controlled and tax efficient manner whilst ensuring the chosen Beneficiary does not automatically inherit on their 18th birthday.

The LGP is the latest addition to the suite of estate planning solutions offered by IOMA Group who pride themselves on innovative product design and quality service delivery, becoming the provider of choice of many who specialise in this area.

IOMA was established by Robin Bigland on the Isle of Man in 1977 and was the first composite insurance company on the island. They have since grown into a financial services group that provides niche wealth, insurance and retirement solutions (both domestically and internationally) to a wide range of intermediaries and institutional clients.

Servicing a global client base from their offices in Douglas and London, they work closely with financial advisors and insurance practitioners looking to create bespoke solutions for their client’s financial needs and are able to utilise a full range of regulated Life, Pension, General and Captive Insurance subsidiaries and benefit from an in-house multi-disciplinary team.

Commenting on the award, IOMA founder and Group Chairman, Robin Bigland said: "This award is testament to our history of great product innovation and I look forward to building on this success in the coming year".