BII Insurance Industry Award Winners Named
The Bermuda Insurance Institute [BII] announced the winners of the 2013 Insurance Industry Awards, with Robin Spencer-Arscott set to receive the Lifetime Achievement Award, Julia Henderson to receive the Young Industry Leader of the Year Award, while Catlin Insurance will receive the Corporate Social Responsibility Award.
The Insurance Industry Awards recognize outstanding individuals and companies whose leadership skills, contributions to the industry, and/or Bermuda community set them apart from their peers. The recipients will be honored on May 15, 2014 at an awards ceremony at the Fairmont Hamilton Princess.
Robin Spencer-Arscott: Lifetime Achievement Award
Robin Spencer-Arscott, will receive the Lifetime Achievement Award, which recognizes an individual who distinguishes him/herself in the industry over the course of their career. Award recipients have also influenced and developed organizations, products, talent and/or industry networks with a view to building the future success of the Bermuda market. He has provided 50 years of dedicated service to the (re)insurance industry in Bermuda.
Mr. Spencer-Arscott graduated from High School at Warwick Academy in 1960 and joined American International as an underwriting trainee. From 1973 to 1980 he was with J.H. Blades & Co. as Vice President and General Manager.
He has played an important role in promoting Bermuda overseas, particularly in the London and US markets. For many years Mr. Spencer-Arscott, together with his Whitfield Group partner, Suzie Pewter, continues to organize the Bermuda annual receptions in Monte Carlo. Again, with Suzie, he also chaired the organizing committee of the World Insurance Forum, which has been held on alternate years since 1993. He also was Chairman of the Bermuda RIMS committee for many years.
Mr. Spencer-Arscott has held many roles during his long career: a number of them at the Chief Executive Officer level. He was President and CEO of Frank B Hall (Bermuda) Ltd from 1980 – 1988. He was also Chairman and CEO of Rollins Burdick Hunter (Bermuda) Ltd from 1988 – 1997. This company is now known as AON (Bermuda).
From 1998 – 2003, Mr. Spencer-Arscott was president and CEO of RSA Services Ltd an insurance consultancy company. He is currently Deputy Chairman and Director of AAA Risk Solutions Limited, an energy broking company which is now in its eleventh year of operation.
Julia Henderson: Young Industry Leader of the Year Award
Julia Henderson will receive the Young Industry Leader of the Year Award, which recognizes an individual under the age of 35 who over the previous year has made a significant contribution to his/her organization, promoted professionalism, ethics and the development of talent and technical expertise. Award winners are also focused on achievement in both their career and the wider community in Bermuda.
Ms. Henderson started her career in operations at RenaissanceRe in the Ventures unit before becoming a catastrophe analyst. She took a sabbatical to earn an MBA from the Wharton School at the University of Pennsylvania. She then moved to Partner Re as an Underwriter, and was later promoted to Vice President and Senior Underwriter.
Last year, Ms. Henderson was sought out by Brit Insurance and currently holds the role of Senior Vice President, building their Property Treaty portfolio in their new Bermuda office. Julia is a member of industry related organizations such as Women in Reinsurance (“WiRe”), Chartered Property Casualty Underwriters (“CPCU”), and the Bermuda Independent Underwriters Association (“BIUA”). She holds a CPCU designation and an Associate in Reinsurance designation (“ARe”). Ms. Henderson has also taught CPCU courses at the Bermuda Insurance Institute. She is a wife and mother of two small children and she volunteers at the SPCA.
Catlin Insurance Company Ltd: Corporate Social Responsibility Award
The Insurance Industry Awards event, will also celebrate the winner of the Corporate Social Responsibility Award. This year’s award will be presented to Catlin Insurance Company Ltd.
Catlin takes its community obligations very seriously and is active in a large number of areas. Catlin is the Title Sponsor of the island’s largest fundraising event: the Catlin End to End. Last year this event raised over $250,000.00 and was named Bermuda’s Top Charity Event/Fundraiser in the Bermudian magazine’s 2013 Best of Bermuda Awards.
The Catlin Group has for several years supported important climate related initiatives, starting with the Catlin Arctic Survey, followed by the Catlin Seaview Survey, a programme developed with Google and the University of Queensland that set out to map and explore the health of the world’s coral reef systems. The Seaview Survey team visited Bermuda in 2013. The Company’s “Kids on the Reef” programme provided Bermudian children with the opportunity to explore the Island’s off shore reefs
In 2013, Catlin donated $1,000,000.00 to the Bermuda Hospital Charitable Trust, and in addition, provided grants to many local charities to support initiatives related to youth, education, the environment, health, and family.
Dr. Dawnnelle Walker, CEO of the BII offered congratulations to the recipients and commented, “The (re)insurance industry in Bermuda is an essential part of the Bermuda economy and community. The Bermuda Insurance Industry Awards provides an opportunity to salute exemplary professional performance and dedicated community support.
The BII is a registered charity and educational institution, funded by its insurance industry members.
To purchase tickets for the awards event contact: Delma Parfitt at 295-1596 or send an email to dparfitt@bii.bm. Tickets may also be reserved on line at: www.bii.bm
Congratulations to you all!
Catlin, we appreciate your generosity immensely. A true example of a socially responsible corporate citizen. Keep up the good works.
I think corperate responsibility achievement is not a few dollars here and there …nor emplyees pushing a wheel barrow…….you must think were stupid…….we are like….55,000 people….we need ….a-f-f-o-r-d-a-b-l-e insurance!……This news is not pertinent to thr advrragr Bermudian….and it lends to how out of touch with reality all the interested parties are to us….honestly Bermuda….how many people feel their beong ignored?!!!!!!!
The last comment is misinformed. Catlin does not and is not legally allowed to offer insurance in Bermuda. They do a great job on CSR which we should all appreciate
Plane to sea –
How disrespectful of you. $1,000,000 donation to the hospital (which you may benefit from one day) is not a “few dollars here and there”. Neither is the other quarter of $1,000,000 raised through the End-to-End. I guess you don’t know how to push a wheel barrow as Bermudians have every opportunity to engage in international business and it’s right on your door step. These businesses have been here a looooong time and they have helped Bermudians in many ways over the years and they continue to do so today.
If you feel you are being ignored, take a look at the payroll tax contributions made by foreign and local employees in the (re)insurance industry. They help to pay off the massive debt left behind but the folks that didn’t ignore you. They just dug a nice big hole that you cannot get out of without the help of the industry you are criticizing.
Maybe you can ask all the Bermudian children on scholarships paid for by international business if they feel ignored?
The landlords making a mint from expat rents – are they being ignored too?
Go ahead and bite the hand that feeds this island and ask if it’s pertinent or not.
Amazes me how out of touch some people are. It’s not the fault of the (re)insurance industry that we are in the mess. We are in this mess DESPITE them! If they were to go away, this island would be doomed. It’s in the number “plane and simple to sea” with your own eyes should you care to look.