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Bermudian re/insurance veteran Mark Simons has been appointed head of business development and production in the Bermuda office of Ed, the global reinsurance, wholesale and speciality broker. His hiring is the latest in a series of personnel moves ma...

Somers Ltd has reported a net loss for the year of $9.7 million while it awaits government and regulatory approvals for the sale of Bermuda Commercial Bank, which it expects to receive “shortly”. Year-end results for the financial services investment...

After developing a loyal and supportive customer base for her online store, entrepreneur Andrea Fubler was positive about taking a plunge into the bricks and mortar retail environment in May. “I wouldn’t have started a shop if I had not felt I had bu...

Bermuda’s gross domestic product increased by 0.1 per cent to $6.5 billion in 2018, the Government announced today. GDP is a measure of economic activity that captures the value of goods and services produced within a country during a given period. I...

More than 200 people attended an open house to learn more about business opportunities in the Town of St George. The event, held during the National Trust Christmas Walkabout on Friday at Pub on the Square, was hosted by the East End division of the ...

Fifteen full-time jobs and 41 part-time positions were created during the first six-month cohort of Ignite Bermuda, the organisation’s executive director revealed yesterday. Sean Reel said the 17 businesses in the cohort experienced overall sales gro...

Four participants in the first cohort of entrepreneurial accelerator Ignite Bermuda have been invited to stay on as the programme’s “resident advisers”. Gina Stableford, of OARRS Ltd, Rochelle Minors, of Rochelle Nicole, Melissa Looby, of Pulse Group...

Business start-ups will encounter less bureaucratic red tape in the New Year with the introduction of a concierge service by the Bermuda Economic Development Corporation. Erica Smith, executive director of the BEDC, said new business owners will no l...

Technology has brought huge changes to the construction industry over the last quarter-century, but some elements have remained unaltered over time, according to Greymane Contracting Ltd president Alex DeCouto. The company celebrated 25 years in busi...

Aspiring entrepreneurs must “know their numbers”, a panel of experts told audience members at the Bermuda Entrepreneurship Summit. The “Business in Bermuda” panel, moderated by Danielle Paynter, of Butterfield Bank, featured Erica Smith, executive di...