Hashtag: #BermudaInsurance
Affordable D&O Insurance Available: Non-Profits
The Centre on Philanthropy and Freisenbruch Meyer Insurance Services Ltd. have partnered to offer affordable Directors & Officers Insurance for non-profits A spokesperson said, “As part of our expanded non-profits Benefits Alliance and Collaboration Platform, The Centre on Philanthropy in partnership with Freisenbruch Meyer Insurance Services... Read more of this article
S&P Reaffirms ‘A-’ Ratings For IGI Bermuda
Standard & Poor’s Ratings Services [S&P] reaffirmed the “A-” insurer financial strength and counterparty credit ratings on International General Insurance Company Ltd [IGI]’s Bermuda and “A-” insurer financial strength rating for UK operations and affirmed its stable outlook. In March last year, S&P upgraded the Group’s financial... Read more of this article
Insurance Interns Head Overseas For Programs
Twelve Bermudian undergraduates left for Atlanta, Chicago, and London this past weekend in order to start their two week BFIS ‘Intro‐to‐insurance’ summer intern programmes. Each team of four students will be “learning in depth about all aspects of the insurance business.” Traveling to Atlanta were Chelsy Furtado [accounting/Acadia],... Read more of this article
Intrepidus: New Local Insurance Broker Launches
Intrepidus Insurance Services [Intrepidus], a new local insurance broker, today [June 27] announces its official launch. “Intrepidus is a full-service independent insurance broker created to assist individuals and businesses in understanding, evaluating and navigating their insurance needs,” the company said. “Bermuda offers a myriad... Read more of this article
Aon Recognized With 2016 Trading Risk Awards
Aon plc received top honors at the 2016 Trading Risk Awards last week, as Aon Securities CEO Paul Schultz won Outstanding Contributor of the Year and Aon Insurance Managers [AIM] won Market Facilitator of the Year. A spokesperson said, “As CEO of Aon Securities, Paul has helped develop the firm’s market leading practice advising clients on M&A,... Read more of this article
BHF Honours John Wight & Awards Scholarships
On Friday, the Bermuda Health Foundation [BHF] honoured John Wight, President and CEO of BF&M Insurance Group for his contribution to the insurance industry and the Bermuda community generally. Mr. Wight is also the President of the Bermuda Chamber of Commerce. In an acceptance speech after being presented with the “Salute to Service” Award... Read more of this article
Freisenbruch-Meyer Launches Cyber Insurance
Bermuda-based Freisenbruch-Meyer Insurance Services Ltd. [FMIS] has announced the launch of its new cyber liability protection product, Security & Privacy Insurance. A spokesperson said, “This product launch coincides with the increasing demand from Bermuda’s businesses for the most up-to-date cyber insurance protection. As a recognized... Read more of this article
Specialist Insurer Neon Opens Bermuda Office
Neon, the specialist Lloyd’s insurer, has opened an office in Bermuda and say they have “bold ambitions to grow our Bermudian platform, and anticipate adding both personnel and product lines in the near future.” “Located at 29 Victoria Street, Hamilton, the office is now writing business and will be headed up by Chris Fisher, a Bermudian... Read more of this article
BFIS And Drinker Biddle Host Regulatory Panel
The Bermuda Foundation for Insurance Studies [BFIS], which is celebrating its 20th anniversary, and Drinker Biddle’s Insurance Regulatory and Transactional Team hosted a panel titled ‘A Medley of Current Industry Issues: New Exposures/New Products, Regulator Competition and U.S. Solvency Modernization: 2016/17 Landscape’ on June 2. The... Read more of this article
Over 800 Delegates Attend Captive Conference
With a record-breaking attendance of more than 800 delegates, of which half were overseas participants, this week’s Bermuda Captive Conference has been hailed a major success. The three-day conference, which wrapped at the Fairmont Southampton Resort today, attracted a total of 809 delegates in its 12th year—with more than 50 percent travelling... Read more of this article
Insurance Development Forum Meet In Singapore
This last weekend in Singapore, the Insurance Development Forum [IDF] began its work with 90 public and private sector participants engaged in eight working groups with two days of deliberations in an open forum in conjunction with the Global Insurance Forum of the International Insurance Society [IIS]. The IDF work is also incorporated into the June... Read more of this article
Jill Husbands Wins Lifetime Achievement Award
Jill Husbands, the Chairman and Managing Director of Marsh IAS Management Services [Bermuda], has been selected the winner of the inaugural Fred Reiss Lifetime Achievement Award, to be presented at this month’s Bermuda Captive Conference [June 13–15]. Ms Husbands joined Marsh in 1984 as an insurance officer with responsibility for a diverse portfolio... Read more of this article
