BII To Host Annual Insurance Market Conference

October 6, 2013

The Bermuda Insurance Institute [BII] will host the 3rd annual conference for insurance market practitioners and their clients on October 17th & 18th, 2013 at the Fairmont Hamilton Princess.

Planning for the 1.5 day Conference has been underway for a few months and BII Council Chairman Chris Fisher said he is pleased with the line-up of speakers who will participate in the event.

Mr Fisher said, “We are pleased that His Excellency, the Hon. George Fergusson, Governor of Bermuda, will open the 2013 Conference. This will be the first year that a Bermuda Governor has attended the BIMC.

“We are also delighted that industry veteran, Michael Butt, O.B.E., Chairman, Axis Capital Holdings Limited, will be the closing Key Note conference speaker. Mr. Butt is a distinguished business leader with more than 45 years insurance industry experience. We look forward to hearing his insights regarding opportunities that can be pursued and challenges which must be addressed to ensure that the Bermuda market remains competitive.”

In between these two key figures, the audience will hear from senior local and international subject experts, and Bermuda clients.

Mr. Fisher added, “2012 conference delegates requested an increase in the number of clients – Bermuda insurance buyers and/or international intermediaries – on panels. We acknowledge local brokers and underwriters who invited clients visiting Bermuda during the Conference dates, to participate in panel discussions. We appreciate those clients who are able join us, and we also appreciate the volunteer engagement of local industry experts who readily agreed to lead and participate in the sessions.”

Some of the subjects that will be examined in the 2013 BIMC include:

  • US Healthcare Reform Implications and Opportunities
  • Terrorism Risk Insurance Act update
  • Cyber Liability – Introduction, hot topics and Bermuda’s role
  • Claims Update
  • The Arbitration Process
  • Reinsuring Bermuda Markets
  • Employment Practices Liability – Wage & Hour exposures
  • Bermuda Business Development Corporation – Insurance Focus Group Update

Mr. Fisher continued, “The BII is grateful to the leadership of all Conference Sponsor companies. Through their participation in this event, they are supporting the BII’s commitment to the education of local stakeholders, creating opportunities for cross product line networking; and with the increase of overseas participants on panels, providing opportunities to promote Bermuda’s insurance sector overseas.”

The full agenda follow below [PDF Here]:

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