What the data shows
Bermuda is at the forefront of two notable developments: the upcoming Bermuda Captive Conference and the search for a new head coach for the Bermuda senior men’s football team. These events highlight the island’s dual significance in the realms of captive insurance and sports.
The Bermuda Captive Conference, which is a key event for captive owners, risk managers, regulators, and industry leaders, is set to take place soon. Early bird registration for the conference ends on March 31, and the Bermuda Captive Network has urged participants to secure their spots early to benefit from reduced rates. “We encourage you to secure your place now and take advantage of the reduced rate before prices increase,” stated a representative from the Bermuda Captive Network.
In the realm of sports, the Bermuda Football Association is actively seeking a new head coach for its senior men’s football team. Maurice Lowe, the technical development director of the association, 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 remarked. The association aims to finalize the hiring before the Nations League begins in September, although the exact date for the closing of applications remains unconfirmed.
On another front, Jason Busti has been appointed as the head of North America treaty reinsurance at Everest. Busti, who previously served as president of North America at AXIS Re, has over 20 years of experience at Swiss Re in various senior leadership roles. Jill Beggs, a spokesperson for Everest, commented, “Jason is a highly respected leader with a deep understanding of the North American reinsurance market.” His expertise is expected to bolster Everest’s position in the competitive reinsurance landscape.
Bermuda is recognized as a leading captive domicile, attracting businesses looking to manage risk through captive insurance solutions. The Bermuda Captive Conference serves as a platform for industry professionals to discuss trends, regulations, and innovations in the captive insurance sector.
As Bermuda navigates these developments, the outcomes of both the conference and the head coach search will be closely watched. The Bermuda Football Association is under pressure to make a timely decision regarding the coaching position, which is crucial for the team’s preparation for upcoming competitions.
Details remain unconfirmed regarding the timeline for the head coach applications, but the urgency of the situation is clear. With a rich history in both insurance and sports, Bermuda continues to play a vital role in shaping these industries.
