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Generic business image for news article Image: Bermuda Captive Network

10 February 2025
US
Reporter Diana Bui

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Bermuda showcases captive offerings at 2025 World Captive Forum

The Bermuda Captive Network reasserted Bermuda’s presence at the 2025 World Captive Forum (WCF), held from 5-7 February in Florida, promoting the island’s captive offerings at a booth alongside more than 40 exhibitors.

Representatives from Appleby, Aon, Butterfield, the Bermuda Monetary Authority (BMA), Davies Captive Management, KPMG in Bermuda, Liberty Mutual Captive Management, and SS&C Technologies attended the event, engaging with over 400 participants from the global captive market.

The forum highlighted Bermuda’s role in shaping industry discussions, with professionals from the jurisdiction contributing to key sessions.

Eduardo Fox, corporate consultant at Appleby, examined Latin America’s post-pandemic economic recovery in ‘LatAm’s Resurgence: The Post-Covid New Normal’ session, addressing regional insurance market disparities and opportunities in sectors such as mining, energy, and healthcare.

Tiffany Austin, principal at the BMA, explored regulatory considerations tied to emerging technologies in ‘Navigating Change: The Impact of AI and Digital Innovation on Captive Strategies’ session.

Nick Frost, president of Davies Captive Management, joined a panel titled ‘The Eye of the Storm – Reinsurance & Fronting Market Trends and Developments’, discussing strategies to expand captive use amid market challenges.

Timae Flood, deputy director at the BMA, provided an update on international regulations affecting captive insurers, covering compliance trends and risk management approaches.

Thomas McMahon, 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, as well as our own captive conference in June 2025.”

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