Three people have been inducted into the Company of Honorary Fellows of Bermuda College,

Jill Husbands, Lawrence Michael Murphy, and Patrick Tannock were recognised in front of a small gathering of family, friends and honorary peers at the Coco Reef Hotel and Resort last weekend.

The ceremony was the last such event presided over by outgoing chairman of the company, Walwyn Hughes. He will be succeeded by PLP MP and Speaker of the House Randy Horton.

Mr Tannock, who began his academic journey at Bermuda College, became the first Bermudian to be inducted into the University of Hartford's Hall of Fame in 2011.

He is the Managing Director of XL Group, and a member of the XL Leadership Council and president of the XL Foundation. Mr Tannock is also chairman of the Association of Bermuda International Companies and is a founding member of the Financial Intelligence Agency Board.

Mrs Husbands, who moved to Bermuda in 1978 to work in the insurance industry, was the first woman to be appointed chair of the board of governors at Bermuda College in 2013. She served as chair for three and a half years.

Mr Murphy came to Bermuda in 1972 as the General Counsel for AIRCO, the first publicly traded reinsurer to be based in Bermuda.

Throughout his career he was involved in the development of the captive insurance market, the drafting and enactment of Bermuda's very first insurance act in 1978 and the negotiation and ratification of the US/Bermuda Tax Treaty in 1988.

In 2010 he was honoured by his peers with a Lifetime Achievement Award by the Bermuda Insurance Institute.