BCN hails World Captive Forum participation
The Bermuda Captive Network (BCN) has announced that it had ‘significant’ participation at the 2025 World Captive Forum, which took place from February 5 to 7 at the JW Marriott Orlando Grande Lakes Resort in Florida.
According to the BCN Bermuda made a strong return to the 2025 World Captive Forum, with the BCN hosting a booth on the trade show floor, showcasing the jurisdiction’s advantages and the benefits of doing business with its world-class captive industry.
Representatives from Appleby, Aon, Butterfield, the Bermuda Monetary Authority, Davies Captive Management, KPMG in Bermuda, Liberty Mutual Captive Management, and SS&C Technologies were also in attendance, actively networking with over 400 attendees from the global captive market.
Additionally, Bermuda’s presence on the World Captive Forum agenda underscored Bermuda’s leadership in the global captive insurance market, with professionals from the Bermuda market contributing their expertise across key sessions, the BCN stated.
Eduardo Fox of Appleby (Bermuda) participated in LatAm’s Resurgence: The Post-Covid New Normal, where he explored the disparities between the insurance and reinsurance markets in South and North America, both pre- and post-pandemic. His discussion highlighted the resurgence of key Latin American economies and the opportunities for multinational corporations and foreign institutions, with a focus on the mining, energy, and healthcare sectors. in the region, as well as the advantages of offshore domiciles.
Tiffany Austin of the Bermuda Monetary Authority spoke on Navigating Change: The Impact of AI and Digital Innovation on Captive Strategies. Her session delved into the transformative effects of artificial intelligence and digital advancements within captive insurance, offering insights into regulatory implications, operational efficiencies, and client service innovations.
Nick Frost of Davies Captive Management contributed to The Eye of the Storm – Reinsurance & Fronting Market Trends and Developments, where he analysed the latest trends in the reinsurance market, discussed strategies for increasing captive utilisation in response to market headwinds, and provided insights into how fronting carriers assess potential captive partnerships.
And Timae Flood of the Bermuda Monetary Authority delivered a comprehensive International Regulatory Update, offering an in-depth examination of recent regulatory changes affecting captive insurers across global jurisdictions. Her session addressed emerging compliance trends, key legislative developments, and practical strategies for adapting to evolving regulations while mitigating associated risks.
Thomas McMahon (pictured), past chair of the Bermuda Captive Conference and executive vice president at Davies Captive Management, commented: “It’s great to see the Bermuda Captive Network exhibiting at WCF where we have an opportunity to promote the Island as the premier captive jurisdiction and also our own Captive Conference in June 2025.”
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