Industry prepares for major risk summit
The rise of insurtech is to feature in a panel discussion at next month’s Bermuda Risk Summit presented by the Bermuda Business Development Agency.
The event, March 14-16, will be the island’s first major in-person risk event since 2019.
Chris Maiato, partner, advisory services, at EY Bermuda, will moderate “The Rise of Innovative InsurTech” with Prashanth Gangu, chief operating officer and president of insurance and services at SiriusPoint, the Bermudian-based global re/insurer.
Additional panels at the event include:
• John Huff, president and CEO of the Association of Bermuda Insurers and Reinsurers, will moderate a regulatory perspective panel featuring Gerald Gakundi, director, supervision (insurance), Bermuda Monetary Authority, and Elizabeth Dwyer, superintendent, banking and insurance, Rhode Island Department of Business Regulation.
• Suzanne Williams-Charles, director, policy and regulation, Abir, will moderate a rating agencies panel featuring Mahesh Mistry, senior director of criteria, AM Best, and Peter Giacone, managing director, global head of insurance ratings team, at KBRA.
• The “Standing the Test of Time — Bermuda Captive Sector: 60 Years Strong” panel will feature Kiki Oyemhen, VP insurance executive, Marsh Captive Solutions; Sarah Demerling, partner, Walkers; Leslie Robinson, SVP, head of underwriting and claims, Willis Towers Watson; and Mark Allitt, managing director, sector lead – insurance, KPMG.
Christopher Schaper, CEO of AIG Re, is also confirmed to speak.
Craig Redcliffe, partner, EY Bermuda, will be on “The Future of ESG in ILS” panel.
Previously, the BDA announced that the event will include a fireside chat with David Burt, the Premier, as well as a global CEO panel featuring Stephen Catlin of Convex, Albert Benchimol of Axis, and Marc Grandisson of Arch Capital with Craig Swan, CEO of the Bermuda Monetary Authority, as moderator.
The BDA said it welcomes recent announcements by the Government of Bermuda streamlining arrival protocols effective March 7, namely that visitors whose Covid vaccinations are up to date only need a supervised antigen pre-departure test within two days of departure, and no further testing will be required on arrival in Bermuda.
David Hart, BDA CEO, said: “The BDA is thrilled to begin hosting major in-person events again on-island and is extremely pleased the new arrival protocols will come into effect one week prior to the start of our Risk Summit.”
According to the revised protocols, children 11 and under will follow the policy of their parents and the BDA said it is encouraging delegates to bring their families to stay in Bermuda the week before, or after, the conference.
Mr Hart added: “I am also pleased to announce that the Risk Summit will receive support from Florida, one of Bermuda’s largest trading partners, in the form of the Florida Insurance Council, who in addition to its president, Cecil Pearce, coming to speak on our Florida legislative update panel, is co-sponsoring a networking breakfast with Meenan P.A.”
The event at the Hamilton Princess & Beach Club will feature three, half-day sessions with morning panels, round table discussions and lunch presentations.
Diamond sponsors of the event are Abir and EY, and silver sponsors are Ariel Re, Kirkland & Ellis, KPMG, and SiriusPoint. The media partner is The Insurer, and the spirits partner is Goslings.
An agenda listing session times, titles and descriptions is available at www.bda.bm/wp-content/uploads/2022/02/BDA_RiskSummit_Agenda_web.pdf.
Prospective attendees can register at www.bda.bm/events/bermuda-risk-summit/.