Bermuda Delegation To Travel To London

June 13, 2022

The Bermuda Business Development Agency [BDA] said they “will continue to promote Bermuda’s strengths at its latest overseas mission to London next week.”

A spokesperson said, “Across four days, from June 12 – 16, the BDA delegation will engage with leading global capital allocators, law firms, wealth managers and tech incubators, specifically to discuss Bermuda’s aspirations to develop and grow new FinTech and climate risk finance economic pillars.”

Bermuda’s Premier and Minister of Finance David Burt, who is leading the delegation said, “The timing of this London trip could not be better as it builds on recent FinTech announcements by Nayms, Jewel, Miami International Holdings/Bermuda Stock Exchange and NEXT, as well as the BDA’s extremely successful Bermuda Climate Summit on May 24.

“Momentum is certainly building in Bermuda’s FinTech and climate risk sectors. It will be a pleasure to inform London-based financial services businesses, and decision makers, about our recent successes in this regard.”

BDA CEO, David Hart said, “Building on the BDA’s Executive Forum in NY, and travels to the Consensus event in Austin, Texas, the purpose of the London mission to share Bermuda’s story, particularly our blue-chip regulatory environment, and how we are a world-leading jurisdiction for [re]insurance, asset management, high net worth services, technology, and infrastructure.

“Personally, I am looking forward to addressing the Bermuda Society’s annual meeting and luncheon where I will remind prominent members in attendance that Bermuda remains the world’s best place in the world to develop innovative tech-based financial services solutions.”

Completing the London delegation is John Huff, President & CEO, Association of Bermuda Insurers and Reinsurers [ABIR]; and BDA Chair, Stephen Weinstein.

“Future BDA delegations are already being planned, including Toronto in September and Singapore in October,” Mr. Hart said. “We also encourage prospective Bermuda market entrants and FinTech innovators to mark October 26-28 on their calendars to attend the BDA’s fourth annual Bermuda Tech Summit being held at the Hamilton Princess & Beach Club as part of ‘Bermuda Tech Week’ from October 24-28.”

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