Schools to Know – helping boarding schools and families connect

In this episode of the Navigate Series, we speak to Schools to Know to help boarding schools and families connect.

Kelly Sheehan has worked in education for 30 years. With over 24 years of admissions experience and many more than that in event planning, Kelly was delighted to take over Schools to Know, planning fairs and spreading the good word about all boarding schools. The Schools to Know goal is to help boarding schools and families connect and begin a conversation and fairs are a terrific place to start. Though Bermuda is just one location where fairs are hosted, it is one of Kelly’s favourites. The people she meets are kind and welcoming, just like admission offices

Sponsors – Schools to Know

The Economic Development Strategy with Hon. Jason Hayward, JP MP, Minister of Economy and Labour

An exclusive chat with the Hon. Jason Hayward, JP, MP, Minister of Economy and Labour on the Economic Development Strategy and the outlook for Bermuda.

Minister Hayward was first elected as a Member of Parliament in 2019, and was later appointed as the Minister of Labour in 2020. Before becoming a Member of Parliament, he was appointed to the Bermuda Government Senate in 2017, and served as Junior Minister of Education, Health, Labour, Community Affairs and Sports. Mr. Hayward is a former Chairman of the National Training Board and chaired the Working Group which produced Bermuda’s first National Workforce Development Plan.

Prior to entering the political arena, Min. Hayward worked in the Economic and National Accounts Division of the Department of Statistics. Min. Hayward also served as the first elected full-time President of the Bermuda Public Services Union (BPSU), President of the Bermuda Trade Union Congress, and Director and Treasurer of the Bermuda Credit Union. Minister Hayward is an alumnus of the Canada – Caribbean Emerging Leaders Dialogue (a Commonwealth leadership development program), an alumnus of the US Department of States’ International Visitor Leadership Program, and holds a Chartered Manager Designation from the Chartered Management Institute.

Minister Hayward holds a MBA in Finance from Nova Southeastern University, a Bachelor’s degree in Business Administration from Mount Saint Vincent University and an Associate’s degree in Arts and Science from the Bermuda College.

Sponsors – Government of Bermuda – Ministry of Economy and Labour

Part 3: Emerging Trends

The third and final part to this three part captive industry series. We hear about emerging trends from industry experts Yanique Miller (Aon), Irish Aleria (Ocorian) as well as Timae Flood from the Bermuda Monetary Authority.

Irish Aleria joined the Ocorian Bermuda office in 2019 and has over 16 years of combined experience in accounting, audit and financial services.
She specializes in accounting services, insurance management, principal representative services and listing sponsorships on the Bermuda Stock Exchange. Within three years, Irish was promoted to manage both Ocorian Management (Bermuda) Limited and Ocorian Securities (Bermuda) Limited and oversees the insurance business.
Irish is a Certified Public Accountant and currently completing a further certification in Associate in Reinsurance.

Yanique Miller joined Aon in 2014 and has over 22 years’ experience as a finance and risk professional, with 11 years in the insurance industry. Yanique’s responsibilities include the formation of captive and commercial re/insurance entities and is the client relationship leader for a portfolio of clients. Yanique began her career as an auditor for PricewaterhouseCoopers Jamaica in 2001 and has 3 years’ risk and control experience and 3 years’ telecoms revenue assurance experience. Yanique is a licensed Certified Public Accountant and a graduate of the University of the West Indies, receiving a Bachelor of Science honors degree in Economics and Accounting.

Timae Flood: As Assistant Director, Supervision (Insurance), Bermuda Monetary Authority, Timae Flood is responsible for monitoring limited purpose insurers’ activity through review and analysis of complex insurer returns, applications, and financial and prudential filings, as well as overseeing regulatory compliance with laws, regulations, codes, plans, licence restrictions and procedures.
Ms Flood joined the BMA in 2005 as an Analyst in the Supervision (Insurance) Department.
Ms Flood holds a Bachelor of Science in Business Administration from the University of Hartford in Connecticut and a Master of Business Administration from the University of Phoenix. Additionally, Ms Flood earned the Associate in Captive Insurance designation with the International Center for Captive Insurance Education.

Sponsors – Aon Insurance Managers (Bermuda) Ltd. and Ocorian.

Part 2: Education in the Captive Industry

Part 2 of this exciting captive series focuses on the Education pillar of the Bermuda Captive Network: key goals and initiatives to promote the captive industry.

Nkechi Kiki Oyemhen Senior Vice President – Insurance Team Leader
Kiki leads the insurance team, with management responsibility for the insurance and claims functions for Marsh Captive Bermuda. As Client Executive and Insurance Manager, she is responsible for providing the full range of insurance, reinsurance, claims and administrative services to her own portfolio of Marsh captive clients, She works with brokers, risk managers, actuaries and other service providers in doing so. Assessing exposures and claims trends, analyzing clients’ programmes and making recommendations for further optimization of their captive insurance company. Kiki joined JLT in April 2017 and subsequently became a part of Marsh in 2019.

Rachel Derry, Executive Vice President Liberty Mutual Management (Bermuda) Ltd.
Ms. Derry is responsible for the client service platform and the overall operations of Liberty Mutual Management (Bermuda) Ltd. She joined the Liberty team in 2005 as an Account Manager and now holds the position of Executive Vice President. Ms. Derry oversees her team of qualified accountants who are responsible for managing commercial and captive insurance companies, segregated accounts companies, management companies and investment companies in Bermuda and Vermont. Liberty Mutual Management (Bermuda) Ltd provides accounting, administration, compliance and corporate governance functions for its clients. Ms. Derry is on the education committee of the Bermuda Captive Network and participates in the Bermuda International Long Term Insurers and Reinsurers association. Prior to working in insurance, Ms. Derry’s background was ten years in accountancy practice in the UK.

Sponsors – Liberty Mutual Management (Bermuda), part of the Liberty Mutual Insurance group. (website)
Marsh (website)

Part 1: Leaders in the Captive Industry

In this episode of Navigate series, listen in to the leaders in the Captive industry and find out about the upcoming Captive conference, key themes and aims, being held on September 12-13th in Bermuda.

Grainne Richmond joined Aon Insurance Managers (Bermuda) Ltd. in September 2022 as Executive Vice President, Head of Captives. Prior to joining Aon, she was Vice President of Strategic Risk Solutions (Bermuda) Limited (‘SRS’) (formally Dyna Management Services Ltd. Mrs. Richmond, by background is a qualified CPA (FCA Ireland) and has over 21 years of Captive experience both in Bermuda and Cayman having held senior roles at SRS, Artex Risk Solutions, and International Advisory Services. Prior to Captive Management Ms. Richmond worked with PricewaterhouseCoopers, Dublin in the business advisory division working on a variety of International and Irish companies. Ms. Richmond is heavily involved in the Bermuda Industry and is former President of Bermuda Insurance Management Association (which is now part of the Bermuda Captive Network. She works closely with industry peers in discussions with the Bermuda Monetary Authority, Registrar of Companies, and the Bermuda Government. In March 2023, Ms. Richmond was nominated in Captive Review Global Top 50 professionals for expertise and service in the Captive Industry

Leslie Robinson has over 34 years’ experience in the insurance industry; 23 years in captive management and 11 years as an Assistant Director at the Bermuda Monetary Authority. Leslie is currently Senior Vice President – Head of Underwriting & Claims at Willis Towers Watson Management (Bermuda) Limited.

Leslie earned a bachelor’s degree in Economics from Emory University and is also an Associate of the Chartered Insurance Institute of London (ACII). She is a Justice of the Peace and was appointed Senator for the Bermuda Government in November 2022. She is a Director of the Bermuda Captive Network through her employment at Willis.

Sponsor – Aon Insurance Managers (Bermuda) Ltd. and WTW

Grant Thornton Bermuda

In this episode of the Navigate Series, Tanya Beattie Head of Actuarial at Grant Thornton Bermuda describes GTs global network, their decision to move into the Bermuda market place and their top three objectives for 2023.

Tanya joined the firm as a Director in early 2022, leading the P&C Actuarial team in Grant Thornton Ireland and, as of the start of 2023, is the Head of Actuarial for Grant Thornton Bermuda.
Tanya is a qualified actuary with significant expertise across the Insurance industry in areas such as Regulation, Risk Management, Actuarial Function and Solvency II. She brings both commercial and regulatory acumen, having assumed various roles to date across both the Insurance industry – where the bulk of her career was in key roles within the European headquarters of one of the world’s largest P&C Insurers – and also in Insurance Supervision with a leading European insurance regulator.

Sponsor – Grant Thornton Bermuda
www.grantthornton.bm/
LinkedIn: www.linkedin.com/company/grant-thornton-bermuda/

Rego Sotheby’s International Realty

In this episode of the Navigate Series, listen to an in depth analysis of the Bermuda commercial and residential real estate market and what we can expect going into 2023.

Buddy Rego commenced his real estate career working in the family business, Rego Limited, established in 1949. Following University, Buddy worked in Hong Kong for over 5 years in Foreign Exchange and Precious Metal markets.

In 1983, Buddy returned to Bermuda to become President of Rego Realtors Ltd. In December 2006, the company joined the prestigious Sotheby’s International Realty network.

Buddy is internationally recognized as a real estate leader and remains highly invested in the Bermuda community. He founded Turks and Caicos Sotheby’s International Realty in 1989 and has served as president of the Bermuda Chamber of Commerce.

Penny MacIntyre started as a journalist at Wall Street Journal / Dow Jones and is a Partner at Rego Sotheby’s International Realty managing its commercial practice, human resources, operations and business development.

Fortune 100 clients’ and individuals seek out Penny as an international commercial real estate expert with headquarters, retail, data centres, hotel resorts, industrial parks and airport facilities. Penny has been instrumental in the success of a number of Bermuda’s most notable commercial sales, redevelopments and leased properties.

Penny serves as the Bermuda Chamber of Commerce Real Estate Division Chair; Ignite Entrepreneur Mentor and Chair of the Bermuda Hospital Charitable Foundation.

Sponsor – Rego Sotheby’s International Realty
Website: https://www.regosothebysrealty.com/enb

Bermuda Commercial Bank

In this episode of the Navigate Series, hear BCB’s initiative in helping first time buyers to get on the property ladder, their key strategies and an outlook on the banking industry in Bermuda for 2023.

Neville Grant is the Chief Executive Officer of Bermuda Commercial Bank. Neville’s nearly 30-year business career includes a number of senior roles in banking formally with HSBC, both locally and internationally, as well as the former General Manager of Bermuda Economic Development Corporation. Neville sits on a few boards and committees including Fortitude Re, Bermuda Economic Development Corporation and the Centennial Bermuda Foundation. After spending time with his wife, 15-year-old son and 13 -year old daughter, Neville spends his time boating, exercising and travelling for enjoyment.

Sponsor – Bermuda Commercial Bank
Website: https://www.bcb.bm/

Business review 2022 and the Outlook for 2023

What kind of a year has it been for Bermuda in 2022 and what can we expect for 2023?

Nathan Kowalski, Nathan is the Chief Financial Officer and Senior Portfolio Manager at Anchor Investment Management Ltd. He sits on the firm’s investment, compliance, and finance committees and has been with the company since 2003. Nathan holds a Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA), and Chartered Investment Manager (CIM) designation and is a Fellow of CSI (FCSI). He is the President of the Bermuda Chamber of Commerce.

Jonathan Kent, Business Writer, Jonathan is a freelance corporate writer for clients in the international business sector and a business journalist. He is well known to many in Bermuda’s business community, having previously worked for 15 years as Business Editor of The Royal Gazette. During his journalistic career, he also covered news and sports for UK national and regional newspapers and magazines, including the Daily Mail, The Independent on Sunday and the Grimsby Telegraph. Jonathan has an MSc in International Management from the University of Liverpool.

Kroll Bond Rating Agency (KBRA)

In a rapidly changing financial environment, learn about KBRA’s approach to ESG in the credit rating process and how it is keeping pace as issues evolve.

Patrick Welch is Chief ESG & Ratings Policy Officer at Kroll Bond Rating Agency (KBRA), responsible for leading all aspects of KBRA’s commitment as an ESG-focused firm, delivering to investors the highest quality credit analysis and research. Prior to this role, Pat served as KBRA’s chief credit officer for five years.

Previously, Pat worked for 19 years at Goldman Sachs, where he served as a vice president within the Credit Risk Management and Advisory Department, and as deputy chief credit officer at Goldman Sachs Bank USA.

Previously to Goldman Sachs, Pat spent seven years in the Structured Finance Group at Standard & Poor’s (now S&P Global Ratings), where he rated numerous asset classes. He began his career as an analyst at Security Pacific National Bank.

Pat holds both a B.S. and MBA from Cornell University.

Van Hesser is a Senior Managing Director and Chief Strategist at KBRA, where he is responsible for commenting on market and economic developments and their impact on credit markets. Previously, he led the company’s Financial Institutions and Corporates credit rating groups. Van has been named to Institutional Investor Magazine’s All-America Fixed Income Research Team rankings 10 times across three categories.

Prior to joining KBRA, Van was a managing director in the Financial Institutions Group at Wells Fargo Principal Investments. Previously, he worked at HSBC Securities for 10 years, serving as managing director and global head of Credit Research and head of U.S. Fixed Income Research.

Van also held senior sell-side corporate bond research roles covering financial institutions at Credit Suisse First Boston and Goldman Sachs, as well as a corporate finance position in Salomon Brothers’ Financial Institutions Group. He started his career as a bank examiner at the Federal Reserve Bank of New York.

Van earned a B.S., cum laude, from Fordham University and an MBA from Yale University.

Sponsor – KBRA
Website: https://www.kbra.com/
LinkedIn: https://www.linkedin.com/company/kroll-bond-rating-agency-llc/

Captive Insurance

In this episode of the Navigate Series, understand more about Emerging trends for the Captive Insurance Industry and how it forms part of risk management solutions in the current hardening market

Grainne Richmond FCA, is currently Executive Vice President, Head of Captives at Aon Bermuda.
Ms Richmond has over 20 years in the Bermuda And Cayman Captive business with prior roles as a Vice President at Strategic Risk Solutions (and Dyna Management Services Ltd), Artex Risk Solutions and International Advisory Solutions.

Ms Richmond also worked with PriceWaterhouseCoopers in Dublin, Ireland prior to moving to Bermuda. She is currently President of the Bermuda Insurance Management Association and strategy Director of Bermuda Captive Network.

LinkedIn: https://bit.ly/3EpyRS4

Sponsor – Aon Insurance Managers (Bermuda) Ltd.
Website: https://www.aon.com/home/index

Corporate Concierge and Elevate Executive Selection

In this episode of the Navigate Series, learn more about a twin engine that enables people to be successful in both their careers and living in Bermuda.

Sylvia Jones has built a twin-engine vehicle that fulfills her vision for enabling people to be successful in their careers and in their life in Bermuda.
Corporate Concierge is a relocation and destination services provider and over the past fifteen years has served Bermuda’s international business sector as their top executives and high net worth individuals move to and from Bermuda. Elevate Executive Selection provides Senior Executive and INED Search support as well as Leadership Development. Sylvia has built communities of connection that enable her to offer unique insights on the corporate fabric of Bermuda.

Sponsor – Elevate
Website: https://elevateselection.com/

Institute of Directors

In this episode of the Navigate Series, find out more about how you can connect with other leaders, develop your skills and be heard, with our guests from the Institute of Directors in Bermuda.

Michelle Cardwell is a Director/Consultant for The Pillars Consultancy Limited a company incorporated in Oct 2019. Michelle has over 18 years’ experience within the financial, insurance, corporate, trust and real estate business sectors within Bermuda. Michelle holds a Masters of Business Administration, is a Certified AntiMoney Laundering Specialist (CAMS), a Certified Compliance Officer and holds the Institute of Directors Diploma in Company Direction (Dip IoD).

Michelle currently serves as Chair of the Institute of Directors Bermuda Branch and is a non-executive director (NED) for two Bermuda registered Companies. In addition, Michelle also sits on several boards of Bermuda registered charities.

Danielle Riviere

In 2006 Danielle become the first Programme Manager for The Centre on Philanthropy, developing the organisations volunteer programme, extensive training and education platform.

In 2013, Danielle left The Centre to become as an independent consultant for OD Solutions. Focussin on strategic and organisational development, Danielle has worked with a number of clients to help them grow, improve and develop their organisation.

In 2017 Danielle returned to The Centre on Philanthropy until the organisation closed in 2019.
In January 2021, Danielle Riviere became the first Executive Director for the Institute of Directors Bermuda Branch, a role that allows her to follow two of her greatest passions: programme and leadership development.

Sponsor – Institute of Directors in Bermuda
Website: https://www.iod.bm/
LinkedIn: https://bit.ly/3oY4GbO

Appleby

In this episode of the Navigate Series, understand more about how the legal profession is the driving force behind Bermuda being the risk capital of the world.

Brad Adderley is the Managing Partner of Appleby’s Bermuda office. He is also head of the Corporate practice in Bermuda and the Insurance & Reinsurance global sector leader at Appleby.

Brad has extensive experience in the insurance and reinsurance market and specialises in ILS and alternative collateralised reinsurance investment transactions including catastrophe bonds, special purpose insurers, sidecars, life insurance securitisations, and other fully collateralised structures. Brad is also a member of Appleby’s global Technology & Innovation group.

Jim is the Board Chairman of DealVector, serves on the boards for the New York City/Long Island Chapter of JDRF, and is an elected member of The Economic Club of New York.
Jim earned a B.A. in economics from the University of Kansas and an MBA from Rutgers University.

Brad is top-ranked by the leading legal directories and is recognized for his significant contribution to Bermuda’s reinsurance sector in Bermuda’s Risk Transfer Hall of Fame. He sits on the steering committee of ILS Bermuda, the trade association for the ILS industry in Bermuda. He participates regularly at conferences and seminars, and provides commentary to international and local media on the Bermuda insurance industry.

LinkedIn: https://bit.ly/3ImzETG

Sponsor – Appleby
LinkedIn: https://www.linkedin.com/company/appleby/

KBRA – Kroll Bond Rating Agency

In this episode of the Navigate Series, learn about KBRA – the credit rating agency that has changed the landscape of rating analysis and find out about their comprehensive strategy for ESG ratings.

Jim Nadler is President and CEO of Kroll Bond Rating Agency (KBRA)
Prior to joining KBRA, Jim was responsible for all alternative assets in the New England Asset Management Division at General Re Corporation.
Over the last 30 years, Jim has held several executive roles in the financial analysis arena; In 1989, he joined Fitch Ratings and was instrumental in the growth of Fitch’s Structured Finance.
Jim was a senior accountant at Pricewaterhouse Coopers before moving to Standard & Poor’s (now S&P Global Ratings), as a ratings officer.
Jim is the Board Chairman of DealVector, serves on the boards for the New York City/Long Island Chapter of JDRF, and is an elected member of The Economic Club of New York.
Jim earned a B.A. in economics from the University of Kansas and an MBA from Rutgers University.

Kate Kennedy is a Senior Managing Director and Co-Head of the Business Development Group at Kroll Bond Rating Agency (KBRA), responsible for Marketing and Investor Relations. Kate also oversees KBRA Analytics, the company’s product platform for high-quality data and advanced analytics, which includes KBRA Financial Intelligence (KFI), KBRA Altman, and the company’s Ratings Feed platform.
Prior to joining KBRA in 2011, Kate was a senior director at Fitch Ratings for 12 years, spearheading the investor relations initiative across U.S. Structured Finance.
Prior to Fitch Ratings, Kate worked for two years at the Norinchukin Bank, where she was responsible for portfolio management reporting and trade settlement with U.S. investment banks, brokers, and custodians.

Sponsor – KBRA
Twitter: @krollbondrating
Linkedin: @kbra
YT/Podcast: https://spoti.fi/3Oazpwx

BILTIR – Bermuda International Long Term Insurers and Reinsurers

In this episode of the Navigate Series, we learn about Bermuda’s fastest growing business sector – The Life Insurance Industry.

Martin Laframboise is an experienced senior leader and internationally savvy re/insurance industry expert, with over 20 years of experience executing cross-border strategies in many different markets, including Bermuda. Prior to assisting BILTIR as Interim Executive Director, he served as CRO & Head of Reinsurance at Sun Life Financial International from 2017-2021.

From 2008-2017, he was leading Group Reinsurance at Munich Re Canada, where he contributed to the growth of MR’s traditional and structured reinsurance business for the Canadian and Caribbean markets. Before that, he served as Resident Actuary for Colina Insurance Ltd.; Les Services actuariels SAI (Canada); and Standard Life (Canada).

Martin is a Fellow of both the Society of Actuaries and Canadian Institute of Actuaries since 2006. He holds a bachelor’s degree in actuarial science (B.Sc.) from Université du Québec à Montréal and a minor in Financial Planning (Pl. Fin.).

Bermuda Real Estate

In this episode of the Navigate Series, we discuss what is actually happening in the Real Estate market in Bermuda. Listen in to learn more from the experts at Bermuda Valuers and Appraisers Ltd…

Suzanne Stones became a Chartered Surveyor in 2006 and started her professional career in the UK. In 2009 she moved to Bermuda and joined Bermuda Realty as a Property Manager and Valuer where she worked for over 11 years and valued over $7.2bn of property. Her focus is on residential and commercial valuation including private client work, divorce, probate and trust accounting. A large proportion of her time is spent valuing for secured lending for each of the major lending institutions on the island. Suzanne is a Registered Valuer with the Bermuda Surveyors Registration Council as well as being an RICS Registered Valuer.

Steve Bowie has been a Chartered Surveyor since 1990. In 2009 he moved to Bermuda, to work for Rego (now Rego Sotheby’s) as Head of Professional Services, where he headed up the Valuation Department for seven years. In August 2016 he established the Professional Services department at The Property Group and has valued over $1.5 billion worth of property in just under four years, whilst increasing the company’s exposure, market share and broadening the client base. Steve has been voted ‘Best Valuer in Bermuda’ for the last three years, by the Bermuda Property Professionals. He is a Registered Valuer with the Bermuda Surveyors Registration Council and became an RICS Registered Valuer in 2018.

For more information, you can contact our special guests at:
Website: www.valuation.bm
LinkedIn: @SuzanneStones and @SteveBowie

ESG – Environmental Social Governance

In this episode of the Navigate Series, we discuss how ESG should be at the forefront of every company’s strategy. How is Bermuda impacted… listen in to find out more!.

Stephen Weinstein was elected BDA Chair in 2020 and has been a member of the board since 2016. He currently serves as an advisor to RenaissanceRe having retired after two decades from his role as Executive Vice President, Group General Counsel, Corporate Secretary and Chief Compliance Officer. Stephen serves on several boards including Bermuda Institute of Ocean Sciences (BIOS), an independent U.S. nonprofit scientific research and educational organisation based in Bermuda, and the R Street Institute, a leading U.S. non-partisan policy organisation. He also serves on the President’s Advisory Counsel for the National Wildlife Federation, America’s largest non-profit conservation organisation, and is a member of Bermuda’s COVID-19 Economic Advisory Committee.

The complex global tax agreement uncovered

In this episode of the Navigate Series, we learn what is the global minimum tax agreement and what will it mean for Bermuda? Will Bermuda become a less attractive hub for international businesses in the future? Listen in to learn more!.

Will McCallum, Managing Director and Head of Tax at KPMG. Will provides a diverse range of U.S. tax compliance and advisory services to the insurance and reinsurance industry, including advising on tax efficient structures and assisting companies and shareholders in meeting U.S. tax compliant requirements.

Business Outlook 2022

This podcast is a an open discussion based on the Business Outlook Feature in the Royal Gazette. Join host Shivani Seth with the experts, where they discuss the economic outlook for Bermuda for 2022: In the words of Jonathan Kent “we need to think long term…”, with Nathan Kowalski reinforcing the need to support local business, and what actually lies in Bermuda’s future success? Listen in to learn more.

Jonathan Kent is a local Business contributor to RG Business, RG Mags and The Royal Gazette.
Nathan Kowalski is the new President of the Bermuda Chamber of Commerce.
Shivani Seth is the Producer/Host of the RG Business Navigate Series.