9 April 2018Analysis

Captive insurance specialists to discuss Bermuda regime at RIMS 2018

Senior insurance and regulatory specialists from Bermuda will be discussing the strength of both the island's captive insurance sector and its re/insurance hub on April 17 at a special executive forum at RIMS Annual Conference & Exhibition in San Antonio, Texas.

The Bermuda Executive Forum, organised in partnership with the Bermuda Captive Conference, will be held on the morning of April 17, before that day's opening of the Risk & Insurance Management Society conference.

“We’ve held numerous forums of this kind across the US, Canada and Latin America over the past three years, but this is the first time we’ve staged an event like this when we’re attending RIMS. We’re excited to showcase Bermuda’s world-class talent to such a focused industry audience there,” said the BDA’s Jereme Ramsay, business development manager for the risk sector. “We value our industry partners’ commitment of time, effort and expertise to help increase awareness of the risk-transfer solutions Bermuda can offer. We look forward to welcoming brokers, risk managers and financial executives to a very informative event.”

Bermuda Premier David Burt and BDA CEO Ross Webber shall also be presented during the forum.

The first panel discussion, “Bermuda’s Captive Insurance Solution,” will examine Bermuda’s role in the industry that helps global businesses manage complex risks through self-insurance.

Moderated by Brian Quinn, managing director of Granite Management, the panel includes David Gibbons, partner, PwC; Al Gier, president, General International; Sophia Greaves, director, Conyers Dill & Pearman; and Shanna Lespere, chief operating officer, Bermuda Monetary Authority (BMA).

“I’m looking forward to moderating this discussion, which will highlight the premier global captive domicile at the premier global risk-management event of the year,” said Quinn. “We will address all the key aspects of the Bermuda captive regime, including the advantages our market offers for US risk managers, our stellar regulatory framework, the impact of US tax reform, and the full-service, one-stop-shop approach to captive management.”