A webinar spotlighting the advantages to US corporations of setting up a captive insurance company in Bermuda will be presented next week by the Bermuda Development Agency (BDA) and industry partners.

“This is our second webinar, following a successful debut we hosted earlier this year,” said BDA business development manager Jereme Ramsay.

“Our focus is US businesses that could benefit from setting up a Bermuda captive insurance company, including those in the growing healthcare sphere. We thank our industry colleagues for sharing their expertise to heighten the visibility of Bermuda’s thriving captive insurance business.”

The webinar will guide registrants through the basics of what a captive is — a vehicle to finance the risk of its owners — as well as the captive regulation process and tax benefit details. Registrants will receive online access to the live webinar of speaker presentations followed by a question-and-answer session.

Featured speakers are moderator Rochelle Simons, of the Bermuda Captive Owners Association; Butch Agnew, vice president at Dyna Management Services; Joe DaSilveira, senior vice president, Liberty Mutual Management (Bermuda); Leslie Robinson, assistant director, corporate authorisations for the Bermuda Monetary Authority; and William McCallum, managing director, tax, at KPMG Bermuda.

The hour-long Bermuda Captive Insurance webinar will be broadcast at 12pm on Tuesday. It will highlight the regulatory, legal and tax issues as well as the substantial benefits of establishing a Bermuda captive — including risk management, asset protection, and efficient access to the global reinsurance market via Bermuda-based companies.

The webinar will be available for download upon request afterwards. the sign up can be found at: https://join.onstreammedia.com/register/32664216/uug6wxl#