BFIS Launches New Alumni Association

April 23, 2015

The Bermuda Foundation for Insurance Studies [BFIS] has launched an Alumni Association that will work with one of its primary goals being to create a network of BFIS alumni who are working as professionals within the [re]insurance space.

A spokesperson said, “BFIS has been on the local scene supporting insurance education since the mid‐90s. With the support of Bermuda‐based insurance and reinsurance companies as well as the support of countless community partners, BFIS has supported many promising Bermudian students as they have pursued higher education in insurance‐related fields.

“To date, BFIS has provided over $5 million in scholarships to students and the results have been phenomenal. Of the 109 scholarship graduates since 1996, 102 have followed through with careers in the insurance and reinsurance industries, in addition to 95 graduated students who have participated in BFIS intern programmes.

“Now insurance professionals, the collective BFIS alumni represent a group highly trained in fields ranging from actuarial and underwriting to IT and law.

“As a result of lots of positive feedback from the alumni and in support of the work that BFIS does, the idea of forming a BFIS Alumni Association was incepted and is now taking off. One of the primary goals of the Alumni Association is to create a network of BFIS alumni who are working as professionals within the [re]insurance space.

“It is an opportunity for university graduates to network with more experienced members and it is also an opportunity for people who have been involved in insurance for a while to scope out new talent and build relationships. Throughout the year, the Alumni Association will be hosting various events, some educational and others more social, that BFIS alumni will not want to miss.

“The second main focus of the Association will be to help to support the excellent work that BFIS continues to do in the local community. As such, and in celebration of the 20 years that BFIS has been awarding scholarships and providing other professional opportunities for students in Bermuda, the BFIS Alumni Association will be awarding its inaugural Alumni Association Award in 2016.

“Hoping to raise enough money to present a $20,000 scholarship, the Alumni Association is calling on all past BFIS alumni to get involved in this worthy initiative.”

David Amaro, Co‐Chair of the Alumni Committee, said, “BFIS has done an incredible job in providing support, financial and otherwise, for young Bermudian students over the years.

“The Alumni Association will not only provide a unique platform for those graduates and interns to network and develop as market professionals, but also act as a liaison between the Alumni and BFIS so that BFIS can continue to grow and provide even more opportunities for young Bermudians.”

For more information on BFIS or the BFIS Alumni Association, their visit website or email bfisalumni@gmail.com.

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