The Bermuda Captive Conference (BCC) has named Eduardo Fox as the seventh recipient of the ‘Fred Reiss Lifetime Achievement Award.’ BCC says the 2023 award will be given to Fox on 13 September at the conference’s wrap party for “outstanding commitment and contribution to Bermuda’s captive industry.” The award is named after Bermuda-based Ohio engineer Fred Reiss, who created the world’s first captive in 1962. Fox has a more than a 30-year career in the captive insurance space. During which he assisted the development of the Latin-American captive insurance market. He was actively involved in the negotiation and signing of Tax Information Exchange Agreements with Mexico, Colombia, Argentina and Brazil. This, effectively, “opened the doors for business development with the region.” Fox currently serves as a consultant in Appleby’s Corporate and Private Client & Trusts practice groups in Bermuda and for the law firm’s global Latin American and Latin European team. Upon receiving news of the award, Fox said: “It was a delightful surprise and honour to receive such a prestigious recognition.” He added: “I have been lucky to be surrounded and assisted by so many great visionaries, who not only had the patience to listen to me but signed off on the great project of developing a new market of more than 600 million people.”
