Covid concerns cancel ILS conference – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

Covid concerns cancel ILS conference

A key industry conference has been cancelled because of concerns around the Covid-19 pandemic.

Convergence 2021, presented by ILS Bermuda, was to have been held as a hybrid in-person and virtual event on October 6 at the Hamilton Princess and Beach Club and online.

The annual event, held virtually last year because of Covid-19, has traditionally brought together key players in the alternative reinsurance, convergence and insurance-linked securities marketplace for networking and education sessions.

But organisers have called off this year’s conference and have begun to focus on the 2022 event.

ILS Bermuda said the event will not go ahead as planned “in light of recent changes to local guidelines issued by the Government of Bermuda, as well as a sharp increase in Covid cases locally”.

The group added that the SafeKey event “had taken extra steps to ensure a safe and enjoyable atmosphere. However, in light of the Centre for Disease Control’s recent announcement putting Bermuda into the ‘high-risk’ category, as well as our desire to support Bermuda’s healthcare infrastructure and minimise community spread, the event will not proceed at this time.”

The organisation said: “Over the years, ILS Bermuda has cultivated Convergence as an exclusive networking event for the insurance-linked securities and alternative reinsurance market.

“During 2020, we made the necessary decision to host a virtual event during a year where many of us were in lockdown.

“We have always maintained that Convergence is first and foremost a networking event and for that reason, the steering committee has decided not to host a fully-virtual event this year and instead, will work towards hosting a networking event in Bermuda next October 2022.”

Kathleen Faries, chairwoman of ILS Bermuda, said: “ILS Bermuda is extremely grateful to all of its sponsors and attendees for their support of Convergence. Although we're disappointed that the event is not going ahead, we plan to relaunch our registration in the spring of next year and we hope that you are able to join us for a bigger and better event next year.”

Kathleen Faries, chairwoman of ILS Bermuda (File photograph)

You must be registered or signed-in to post comment or to vote.

Published September 27, 2021 at 7:57 am (Updated September 27, 2021 at 7:57 am)

Covid concerns cancel ILS conference

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon