Industry Bolsters BDA’s Presence At RIMS

April 25, 2024 | 0 Comments

Bermuda-based employees from member companies of the Association of Bermuda International Companies [ABIC] and the Association of Bermuda Insurers and Reinsurers [ABIR] will be attending RISKWORLD 2024, the annual conference of RIMS, the world’s largest risk management community, in San Diego, California.

In addition, the Bermuda Reception at RISKWORLD 2024, presented by the Bermuda Business Development Agency [BDA], already has close to 200 registered attendees.

Patrick Tannock, Chairman of ABIC and CEO of AXA XL Insurance in Bermuda, said: “The annual RIMS conference provides a key opportunity for local delegates to advocate Bermuda’s value proposition as a dynamic, high quality, solution-oriented jurisdiction where capital is put to work in addressing current and evolving complex risks. With thousands of industry stakeholders expected to attend, it’s the perfect platform to connect with US risk management professionals.”

John Huff, CEO, ABIR, said: “Bermuda’s reinsurers represent one third of the global property and casualty reinsurance market, and as such, ABIR is a longtime supporter of RIMS’ annual conference. We expect our member companies to once again continue the tradition of a strong showing of support of and attendance at RISKWORLD 2024.”

The spokesperson said, “This year Kendaree Burgess, COO, BDA will attend RISKWORLD alongside representatives from the Bermuda Monetary Authority and the Bermuda Government.”

Ms. Burgess said: “We look forward to meetings with key prospects and promoting awareness of Bermuda’s globally significant risk and insurance market at RISKWORLD 2024.”

The spokesperson said, “The Bermuda Reception will be held on Tuesday, May 7 from 5pm-7:30pm at the Sparks Gallery at 530 Sixth Ave., where hundreds of industry leaders will enjoy C-Suite networking, Bermuda entertainment and cocktails, and the chance to win a weekend getaway for two to Bermuda. The BDA thanks our Platinum sponsor, Chubb, and our silver sponsor, KPMG, as well as our partners BermudAir, Hamilton Princess & Beach Club, and Goslings.

Click here, or contact us at if you are interested in sponsoring the Bermuda Reception, or learning more about how the BDA can assist you with setting up your next investment in Bermuda.

“Bermuda’s risk and insurance industry is a major driver of Bermuda’s economy – the BDA’s presence at RISKWORLD aligns with the ‘Local and International Business Retention’ and ‘Business Attraction and Investment Promotion’ strategic priorities outlined in Bermuda’s Economic Development Strategy.”

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