BCN Takes Part In 2025 World Captive Forum

February 8, 2025 | 0 Comments

The Bermuda Captive Network [BCN] announced its ‘significant participation in the 2025 World Captive Forum, held from February 5–7 at the JW Marriott Orlando Grande Lakes Resort.’

A spokesperson said, “This esteemed event, established in 1991, is renowned for its high-caliber educational content and meaningful networking opportunities within the captive insurance industry.

“Bermuda made a strong return to the 2025 World Captive Forum, with the Bermuda Captive Network hosting a booth on the trade show floor alongside 40+ exhibitors, showcasing the jurisdiction’s advantages and the benefits of doing business with its world-class captive industry.

“Representatives from Appleby, Aon, Butterfield, the Bermuda Monetary Authority, Davies Captive Management, KPMG in Bermuda, Liberty Mutual Captive Management, and SS&C Technologies were also in attendance, actively networking with over 400 attendees from the global captive market.

Team Bermuda: Mellisa Burgess, BMA, Tariq Basden, BMA, Nick Frost, Davies Captive Management, Eduardo Fox, Appleby, Gemma Godfrey, Bermuda Captive Network, Tiffany Austin, BMA, Thomas McMahon, Davies Captive Management, Yanique Miller, Aon, Bron Turner, KPMG, Rachel Derry, Liberty Mutual Captive Management, Matthew Carr, Appleby, Timae Flood, BMA, Shayna Matthew, Butterfield, Brooke Dawson, Bermuda Captive Network, Rick Manuel, Butterfield.

Team Bermuda at WCF February 2025

“Additionally, Bermuda’s presence on the World Captive Forum agenda underscored Bermuda’s leadership in the global captive insurance market, with several distinguished professionals from the Bermuda market contributing their expertise across key sessions.

“Eduardo Fox of Appleby [Bermuda] Limited participated in LatAm’s Resurgence: The Post-Covid New Normal, where he explored the disparities between the insurance and reinsurance markets in South and North America, both pre- and post-pandemic. His discussion highlighted the resurgence of key Latin American economies and the opportunities for multinational corporations and foreign institutions, with a focus on the mining, energy, and healthcare sectors. in the region, as well as the advantages of offshore domiciles.

“Tiffany Austin of the Bermuda Monetary Authority spoke on Navigating Change: The Impact of AI and Digital Innovation on Captive Strategies. Her session delved into the transformative effects of artificial intelligence and digital advancements within captive insurance, offering insights into regulatory implications, operational efficiencies, and client service innovations.

“Nick Frost of Davies Captive Management contributed to The Eye of the Storm – Reinsurance & Fronting Market Trends and Developments, where he analyzed the latest trends in the reinsurance market, discussed strategies for increasing captive utilization in response to market headwinds, and provided insights into how fronting carriers assess potential captive partnerships.

“Meanwhile, Timae Flood of the Bermuda Monetary Authority delivered a comprehensive International Regulatory Update, offering an in-depth examination of recent regulatory changes affecting captive insurers across global jurisdictions. Her session addressed emerging compliance trends, key legislative developments, and practical strategies for adapting to evolving regulations while mitigating associated risks.”

Thomas McMahon, past Chair of the Bermuda Captive Conference and Executive Vice President at Davies Captive Management, who were Diamond Sponsors of the event, commented: “It’s great to see the Bermuda Captive Network exhibiting at WCF where we have an opportunity to promote the Island as the premier captive jurisdiction and also our own Captive Conference in June 2025.”

The spokesperson said, “These sessions highlighted the strength and expertise of Bermuda’s captive insurance industry and its continued influence on the global market.

“The Bermuda Captive Network remains committed to advancing the captive insurance industry by fostering education, collaboration, and innovation. During the event, many attendees visited the BCN booth to learn more about the benefits of Bermuda’s captive industry and to engage with our industry experts.

“For questions on the Bermuda Captive Network, how you can collaborate, or to learn more on the benefits of membership for your organisation, please get in touch: hello@captivenetwork.bm or visit www.bermudacaptivenetwork.com.”

Read More About

Category: All, Business

Leave a Reply