Bermuda insurance experts to speak at Rims
Bermuda’s global insurance expertise will be spotlighted in an executive forum during this month’s Risk & Insurance Management Society annual Conference and Exhibition in San Antonio, Texas.
The Bermuda Executive Forum, hosted by the Bermuda Business Development Agency and organised in partnership with the Bermuda Captive Conference, will feature two panels of senior industry and regulatory leaders from the island discussing the strengths of both the Bermuda market’s world-leading captive insurance sector and its re/insurance hub.
The session will be held on the morning of April 17 before that day’s opening of the Rims conference. Rims is the insurance industry’s biggest yearly event, running from April 15 to 18, it attracts 10,000 risk-management professionals, service providers, senior executives and other decision-makers from a range of industries, along with hundreds of exhibitors.
“We’ve held numerous forums of this kind across the US, Canada and Latin America over the past three years, but this is the first time we’ve staged an event like this when we’re attending Rims. We’re excited to showcase Bermuda’s world-class talent to such a focused industry audience there,” said Jereme Ramsay, the BDA’s business development manager for the risk sector.
“We value our industry partners’ commitment of time, effort and expertise to help increase awareness of the risk-transfer solutions Bermuda can offer. We look forward to welcoming brokers, risk managers and financial executives to a very informative event.”
David Burt, the Premier, and Ross Webber, and chief executive officer of the BDA, will welcome attendees at the forum, scheduled for 8am to 10am at the Briscoe Western Art Museum.
The first panel discussion, “Bermuda’s Captive Insurance Solution,” will examine Bermuda’s leading role in the innovative industry that helps global businesses manage complex risks through self-insurance.
Moderated by Brian Quinn, managing director of Granite Management, the panel includes David Gibbons, partner, PwC; Al Gier, president, General International; Sophia Greaves, director, Conyers Dill & Pearman; and Shanna Lespere, chief operating officer of the Bermuda Monetary Authority.
Mr Quinn said: “I’m looking forward to moderating this discussion, which will highlight the premier global captive domicile at the premier global risk-management event of the year.
“We will address all the key aspects of the Bermuda captive regime, including the advantages our market offers for US risk managers, our stellar regulatory framework, the impact of US tax reform, and the full-service, one-stop-shop approach to captive management.”
The second panel, titled “Bermuda: The World’s Risk Capital,” follows at 9.15am and focuses on trends and issues impacting global insurance and reinsurance companies in Bermuda, as well as the industry’s outlook for the rest of 2018.
Moderated by BDA chairman Paul Scope, who is also chairman of Willis Bermuda, the panel includes Jeremy Cox, CEO of the Bermuda Monetary Authority; Cathy Duffy, senior vice-president, underwriting manager, XL Catlin; Judy Gonsalves, chief underwriting officer, Chubb Bermuda; and John Huff, president and chief executive, Association of Bermuda Insurers and Reinsurers.
Mr Scope said: “Rims is the ideal environment for the Bermuda message. Risk-management business is our bedrock, and many of our clients will be in San Antonio at the Rims gathering. Our panel will showcase our underwriting expertise, our advocacy, and our sensible regulation.”
Mr Huff, of Abir, said: “It’s a really beneficial initiative. I’m proud to take part and to be able to meet with attendees at Rims and talk about the innovative risk-management solutions available from the Bermuda market.”
US brokers and risk managers attending the forum will have a chance to win a Bermuda getaway (flight and hotel) draw prize; risk managers can also win a complimentary registration to the Bermuda Captive Conference in June.
To register for the Bermuda Executive Forum at Rims 2018, visit: https://tinyurl.com/y7zd8sts.
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