What the data shows
Bermuda is emerging as a significant player in both the captive insurance industry and the world of football coaching. But what does this mean for the island and its future prospects? The answer lies in the ongoing developments within the Bermuda Captive Network and the Bermuda Football Association.
As the Bermuda Captive Conference approaches, early bird registration is set to close on March 31. This event is a key gathering for captive owners, risk managers, regulators, and industry leaders, underscoring Bermuda’s status as a leading captive domicile. The Bermuda Captive Network encourages participants to secure their spots early, stating, “We encourage you to secure your place now and take advantage of the reduced rate before prices increase.” This proactive approach highlights the growing interest in Bermuda’s unique insurance offerings.
On the sports front, the Bermuda Football Association is actively seeking a new head coach for its senior men’s football team. Maurice Lowe, the technical development director, has confirmed that they are receiving numerous applications and CVs from candidates around the world. “We’re receiving lots of applications and CVs from far and wide,” Lowe noted, reflecting the high level of interest in this pivotal role.
As the Bermuda Football Association prepares for the upcoming Nations League starting in September, the urgency to fill this position is palpable. However, details remain unconfirmed regarding the exact date for the closing of applications, leaving some uncertainty in the air. The association is keen to finalize the selection process to ensure a smooth transition into the competitive season.
In the realm of reinsurance, Jason Busti has recently been appointed as the head of North America treaty reinsurance at Everest. Busti brings a wealth of experience, having previously served as president of North America at AXIS Re and spending over 22 years at Swiss Re in various senior leadership roles. Jill Beggs, a prominent figure in the industry, praised Busti, stating, “Jason is a highly respected leader with a deep understanding of the North American reinsurance market.” His expertise is expected to bolster Bermuda’s reputation in the reinsurance sector.
As Bermuda continues to navigate these developments in both insurance and sports, the island’s unique blend of opportunities is becoming increasingly apparent. The Bermuda Captive Conference will not only serve as a platform for industry leaders to connect but will also showcase Bermuda’s commitment to innovation and leadership in the captive insurance space.
With the football season on the horizon and the insurance conference just around the corner, Bermuda stands at a crossroads of opportunity and growth. The outcomes of these events will likely shape the island’s future in both sectors, making it a pivotal moment for Bermuda as it seeks to solidify its standing on the global stage.
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