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Bermuda delegation heads for New York forum

Island representatives: some of the delegates in New York will be, from left, top row: David Burt; Brian Duperreault; Wayne Caines; Paul Scope; Craig Swan; Sylvia Oliveira. Bottom row: Kathleen Reardon; Craig Bridgewater; John Huff; Jessel Mendes; Susan Lane; and Francis Richardson (Image supplied)

A delegation of more than 60 industry leaders will take the Bermuda market’s message to New York City this week for an executive forum.

The multi-industry event will feature Bermuda-born Brian Duperreault, chief executive officer of American International Group, as the keynote speaker.

David Burt, the Premier, and Wayne Caines, National Security Minister will also attend and participate in the Bermuda Executive Forum on Wednesday.

The one-day forum features regulatory and industry leaders discussing advantages offered by Bermuda’s global business market, along with hot topics such as recent mergers and acquisitions, the effects of US tax reform, and the advent of blockchain technology and virtual currencies.

Organised by the Bermuda Business Development Agency, the forum aims to attract prospective investors and professionals interested in learning more about the island’s world-class financial centre.

“This is our second international multi-industry forum, following a very successful first event in London last November,” said Paul Scope, chairman of the BDA. “We’ve had a strong response to date, with more than 300 people now registered to attend, and we’re extremely grateful to all our supporting stakeholders for their partnership in this initiative. The programme’s discussions promise to be stimulating and informative and should encourage attendees to explore the many opportunities Bermuda offers as a blue-chip platform for doing global business.”

A dozen discussion panels throughout the day will highlight the breadth of the Bermuda market, covering re/insurance, asset management, high-net-worth services, cyber-risk and security, long-term life and annuity insurance, captive insurance, shipping, insurance-linked securities, and fintech. An evening networking reception will close the event.

Mr Duperreault, who was chairman and CEO of Bermuda’s Hamilton Insurance Group, which he founded, before being appointed to lead AIG, will deliver the keynote presentation at the event’s luncheon.

The BDA’s London forum last year attracted more than 200 delegates encompassing a wide range of industries, and featured Robert Childs, deputy chairman of Lloyd’s and Hiscox chairman, as the keynote speaker.