Eleven join Bermuda’s Captive Hall of Fame
Eleven captive insurance companies have been admitted to Bermuda’s Captive Hall of Fame after completing 25 years of business from the island.
The Hall of Fame was created by the industry in 2016 to highlight captive entities with a quarter-century commitment to the Bermuda market. More than 200 Bermuda-based companies now share the honour.
The new inductees, who were established on the island in 1993, are: Comerica Assurance, Griffin Insurance Co, ICW, Pennsylvania Manufacturers’ International Insurance, Surrey Reinsurance Company, Traders Insurance, Tyson International Company, VMC Indemnity Company, Windsor Insurance Company, XPO Bermuda Captive (formerly Con-way Insurance Company), and GIG Reinsurance Company. They will be celebrated at the Bermuda Captive Conference, which starts on June 11.
Mike Parrish, chairman of the conference, said: “Our Captive Hall of Fame not only is a tribute to companies that have made a significant contribution to the island’s economy, community and reputation, but also reflects the evolution of Bermuda’s globally significant insurance market.
“It’s a testament to the spirit of innovation that is the foundation of this industry.”
This year’s fourteenth conference at Fairmont Southampton is expected to attract close to 800 delegates, including captive insurance owners, risk managers, captive managers, sponsors, and vendors from the US, Canada, Latin America, and the UK. Three days of moderated panels and roundtables will focus on hot topics like insurtech, cyber-risk, climate change and healthcare, as well as the industry’s growing diversity around risk, products and talent.
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