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01 May 2018
Hamilton
Reporter Ned Holmes

Bermuda to take bite of Big Apple

Captive insurance experts will make up part of a 60 strong delegation of Bermuda industry leaders travelling to New York City on 2 May to showcase the opportunities available in the Bermuda’s global business market.

The delegation will attend an executive forum set up by the Bermuda Business Development Agency (BDA), which is aimed at attracting potential investors and professionals.

Notable attendees in the delegation include Bermuda premier David Burt and National Security minister Wayne Caines.

Insurance market veteran and current AIG CEO Brian Duperreault will deliver the keynote.

The Bermuda Executive Forum NYC 2018 will discuss advantages of the island’s market, as well as hot topics, such as tax reform and emerging technologies.

Throughout the day, a range of panels will highlight the diversity of the Bermuda market, including coverage of captives, reinsurance, and insurance-linked securities.

The ‘Captives Re-invented’ session will focus on how captives are developing to deliver increased value and how Bermuda continues to be an industry leader in that development.

According to BDA chair Paul Scope, over 300 people had registered for the conference so far, an increase on last year’s forum in London, which attracted more than 200 delegates.

Scope stated: “We’ve had a strong response to date and we’re extremely grateful to all our supporting stakeholders for their partnership in this initiative.”

“The programme’s discussions promise to be stimulating and informative and should encourage attendees to explore the many opportunities Bermuda offers as a blue-chip platform for doing global business.”

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