Re-Insurance

Bermuda Captive Conference sets a record

  • Human rights visionary: Derreck Kayongo is a keynote speaker at this week’s Bermuda Captive conference (Photograph supplied)
  • Keynote speaker: Jonathan Reiss (Photograph supplied)
  • New record: the Bermuda Captive Conference, which has 845 registered delegates, takes place at the Fairmont Southampton (Photograph supplied)

A record 845 delegates have registered for the Bermuda Captive Conference which starts tomorrow at the Fairmont Southampton.

Now in its fourteenth year, the three-day conference brings together captive insurance owners, risk managers, captive managers, sponsors, and vendors from the United States, Canada, Latin America, and the United Kingdom, in addition to Bermuda’s own industry representatives.

Moderated panels and roundtables will focus on insurtech, cyber-risk, climate change and healthcare liability, as well as the industry’s growing diversity around risk types, products and talent.

“We’ve had a terrific response to this year’s event and we expect the numbers to climb even higher over the next few days,” said Mike Parrish, chairman of the conference. “We’re offering dynamic speakers and a full, interactive agenda that should prove very informative — as well as lots of social events for delegates to get the most out of their Bermuda visit. We’re looking forward to a busy three days.”

The conference opens with a morning of social activities, including the choice of a glass-bottom boat tour, golf tournament, or fitness walk along Bermuda’s South Shore dunes and beaches. The trade floor, featuring 47 booths showcasing industry support services, related organisations and other vendors, opens at noon, followed by the first sessions.

Walter Roban, the Deputy Premier, officially opens the conference on Tuesday morning, when new inductees into the Captive Hall of Fame and the winner of this year’s Fred Reiss Lifetime Achievement Award will be honoured.

Eleven companies with a quarter-century commitment to the Bermuda market will be recognised, and industry veteran Brian Hall, a former director and president of Johnson & Higgins whose career spanned more than four decades on the island will receive the third Fred Reiss Award.

With “Diversity” as its 2018 theme, the conference features human-rights visionary Derreck Kayongo as keynote lunch speaker on Tuesday, and Hamilton Group CFO Jonathan Reiss as industry speaker on Wednesday. Agenda sessions will explore the topic, too, including diversity on corporate boards, the perspective of millennials, and female viewpoints on leadership.

A first time community component of the conference will see participation by Friends of Hospice, the Bermuda Human Rights Commission, and the Bermuda Insurance Institute — 10 of whose students have been offered free passes to network and attend educative sessions. All three non-profits will have booths where delegates can donate, meet charity representatives, and learn about the work they do.