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Generic business image for news article Image: Bermuda Captive Conference

30 June 2020
Bermuda
Reporter Maria Ward-Brennan

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Bermuda Captive Conference will take place virtually in September

The 2020 Bermuda Captive Conference will be hosted on a virtual platform due to the continued uncertainty from COVID-19, on 9 to 11 September.

The theme of the 2020 Bermuda Captive Conference is ‘Vision’ and the agenda has been developed to give a forward-looking view of the market.

In an announcement from the Bermuda Captive Conference, it noted the unprecedented developments and seismic impact of the global pandemic on key markets around the world, highlighting that the industry’s future is more important than ever before.

The conference aim is to demonstrate to risk managers who may not have considered captive insurance before, and owners of existing captive insurers, how they can innovatively tackle the risks faced by all sizes of business in this new environment.

It was noted that registration will be launched in the coming weeks. The virtual conference will feature educational sessions, keynote speaker and a trade floor showcasing industry support services and related organisations.

The event is expected to attract new captives, as well as captive insurance managers, brokers and service providers, corporate risk managers, and owners of captive insurance companies.

Leslie Robinson, Bermuda Captive Conference chair and senior vice-president, head of Underwriting & Claims at Willis Towers Watson (WTW) in Bermuda, commented: “Bermuda is known for its innovation and operational resilience and so, in light of the difficulty to plan for a physical event this coming September, we have decided to host a virtual conference.”

Robinson continued: “We are pleased to confirm attendees will hear from the same top-quality speakers providing informative industry perspectives that are a staple of our conferences. We have ensured there is an ability to network and connect directly with other captive owners and service providers, and have made it easy to do so on the new virtual platform.”

“We’re excited about the opportunity this gives us to reach an even broader captive audience,” she added.

Roland Andy Burrows, CEO of the Bermuda Business Development Agency (BDA), said: “Despite the challenges presented, Bermuda’s international business sector remains completely open, delivering optimal service to clients and key markets.”

Burrows outlined: “The Bermuda Captive Conference is no exception and has transitioned itself to a virtual environment with impressive ease. At a time when the market is hardening, and amid the current uncertainty, captives may well be an attractive option for businesses in a range of industries reexamining their risk management solutions.”

“Given the timeliness and relevance of this event, it is pleasing to see the organisers have been able to provide an engaging platform for these important discussions and connections to continue,” he stated.

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