Reception - Monday, September 11, 2023
5:30 PM - 7:30 PM
WELCOME RECEPTION – HOSTED BY PWC BERMUDA
Flagpole at the Marina
DAY 1 - Tuesday, September 12, 2023
7:30 AM
REgistration DESK OPEN
Princess Rooms
7:30 AM - 9:30 AM
Breakfast with exhibitors
Princess Rooms
8:45 AM - 9:30 AM
4:45 AM PST | 11:45 AM GMT
SESSION
Captive Ownership in the Age of Emerging Risks
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Join us for a panel discussion on the emerging trends in captive ownership. Our expert panelists will explore the challenges and opportunities facing captive owners in the areas of cyber threats, crypto, climate change and D&O (Financial Lines). We will examine how captive owners are taking proactive measures to mitigate these risks, exploring ways to address these emerging issues and continue to shape the future of captive ownership.
Richard Cutcher, Editor & Founder, Captive Intelligence (Moderator)
Tanja Korff, Senior Vice President - Client Services Leader, Marsh Management Services
Pierrick Livet, Senior Manager Advisory, KPMG in Bermuda
David Maslo, Head of Business Development, ARC
9:30 AM - 9:35 AM
5:30 AM PST | 12:30 PM GMT
QUICK REFRESHMENT BREAK – BEVERAGEs
Harbourview Ballroom
9:35 AM - 10:20 AM
5:35 AM PST | 12:35 PM GMT
SESSION
Powered by AI: Exploring the Future of Artificial Intelligence in Insurance
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Hear our speakers share insights on the potential of AI to transform the insurance industry, driving opportunities for greater efficiency, accuracy and customer satisfaction. During this session, we will examine the ways in which AI is being integrated into various aspects of the insurance value chain, including underwriting, claims processing, risk assessment, and customer engagement. We will also explore the ethical and regulatory considerations of AI, and the importance of responsible AI governance in the insurance sector, as well as the benefits and challenges of AI integration, as well as strategies for successful implementation and adoption.
Michael Branco, Founder & Chairman, Celeste Ventures (Moderator)
Duncan Card, Partner, Appleby
Richard Prior, SVP, Business Transformation, RenaissanceRe
Justin Willmott, Vice President, SiriusPoint
10:20 AM - 10:45 AM
6:20 AM PST | 1:20 PM GMT
NETWORKING BREAK - SPONSORED BY GRANT THORNTON
Princess Rooms
10:45 AM - 11:30 AM
6:45 AM PST | 1:45 PM GMT
SESSION
Banking on the Future: Navigating Macro Issues in the Captive Arena
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Join our panel of experts from leading banks in the captive arena as they share their insights on the latest macroeconomic trends and their impact on the banking sector, discussing strategies and best practices for mitigating risk and protecting captive policyholders in an increasingly complex and dynamic global market, This session will examine the key macro issues facing the banking industry, including regulatory changes, geopolitical risks, and economic volatility and will provide perspectives on how leading banks in the captive arena are addressing these challenges to protect their captive policyholders.
Shivani Seth, Business Podcaster, The Royal Gazette (Moderator)
Jody Feldman, Senior Vice President, Head of Corporate Banking, Butterfield
11:30 AM - 11:35 AM
7:30 AM PST | 2:30 PM GMT
QUICK REFRESHMENT BREAK – BEVERAGES
Harbourview Ballroom
11:35 AM - 12:20 PM
7:35 AM PST | 2:35 PM GMT
seSSION
Bermuda – A Catalyst for Innovation and Change in Life (Re)Insurance
Location: Harbourview Ballroom
Join us for an insightful discussion as our panelists delve into innovation and change within the life (re)insurance industry. During this session, these experienced speakers will explore a diverse array of product offerings and solutions, designed to address various financial problems and challenges in the life (re)insurance market.
Rachel Derry, Executive Vice President, Liberty Mutual Management (Moderator)
James Claxton, Partner, EY
Christine Patton, Executive Director, BILTIR
Jonathan Young, CEO, Boston Re
12:20 PM - 1:45 PM
8:20 AM PST | 3:20 PM GMT
NETWORKING LUNCH – SPONSORED BY BROWN & BROWN
Princess Rooms
1:45 PM - 2:30 PM
9:45 AM PST | 4:45 PM GMT
seSSION
Exploring Excess: Trends and Opportunities for Global Reinsurers
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Join us for an informative session as we explore the dynamic and ever-evolving excess and reinsurance landscape, and how Bermuda has emerged as a key player in this market. Our speakers will offer a lively discussion on the insights, trends, opportunities and challenges facing the sector, including an examination of the regulatory and tax environment, the impact of emerging risks, and the role of technology in shaping the market.
Rick Hartmann, Senior Vice President, Guy Carpenter (Moderator)
Ann Kolman, SVP, Head of North America Casualty, Sompo
Michael Woodroffe, President, Kirkway International
2:30 PM - 2:35 PM
10:30 AM PST | 5:30 PM GMT
QUICK REFRESHMENT BREAK – BEVERAGES
Harbourview Ballroom
2:35 PM - 3:20 PM
10:35 AM PST | 5:35 PM GMT
seSSION
Strengthening Your Captive: Exploring Legacy Solutions for Profitable Insurance Programmes
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Captives have multiple options available to resolve their aged claims liability. These liabilities are commonly known as “runoff” or “legacy”. In this panel discussion, participants will learn how utilizing runoff transaction mechanisms like loss portfolio transfers, novations and adverse development covers can improve their capital resources, increase important financial ratios and further important strategic goals, leading to a more profitable insurance program. Hear from experts in the management of legacy liabilities, including run-off acquirers, brokers and financial experts that have successfully utilized run-off programs to achieve improved results for their captive.
John West, Senior Vice President, Legacy Solutions and Captive Segment, Guy Carpenter (Moderator)
Dan Linden, Head of Mergers and Acquisition, Fleming Re
Alex O'Shea, Vice President, Mergers & Acquisition, Enstar Group
Charlie Thresh, Head of Financial Advisory, Teneo Bermuda
3:20 PM - 3:45 PM
11:35 AM PST | 6:35 PM GMT
NETWORKING BREAK - SPONSORED BY GRANT THORNTON
Princess Rooms
3:45 PM - 4:45 PM
11:45 PM PST | 6:45 PM GMT
seSSION
Managing Risk and Returns: Navigating Market Volatility in Uncertain Times
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Join us for an insightful session as we consider how captives are investing their assets for tomorrow to achieve long-term growth, manage risk, and enhance their overall financial performance as well as learning how the Regulator assesses the investment function. Our panelists will share their experiences on different investment vehicles and asset classes, as well as strategies for optimizing investment returns while maintaining prudent risk management. You will gain valuable insights on the investment landscape for captive insurers, and how to align your investment strategies with your company's risk appetite and long-term goals as well as satisfying regulatory requirements and/or concerns.
Mike Meehan, Principal, Milliman (Moderator)
Hugh Barit, Chairman and CEO, Performa
Graham Lamb, Assistant Director, Supervision (Insurance), Bermuda Monetary Authority
Peter Princi, CIMA®, Managing Director, Institutional Consulting Director, Graystone Consulting from Morgan Stanley
4:45 PM - 4:50 PM
12:45 PM PST | 7:45 PM GMT
NETWORKING BREAK
Harbourview Ballroom
4:50 PM - 5:35 PM
12:50 PM PST | 7:50 PM GMT
seSSION
Global Minimum Tax – An Easy Fix?
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
In the deepest overhaul of cross-border tax rules in a generation, nearly 140 countries had agreed in 2021 to apply a minimum tax rate of 15% on multinationals by committing to a top-up tax on profits booked in countries that have lower rates. During this session, hear from panelists as they discuss where are we now and what captive owners and service providers alike need to be aware of.
Andy DeGregorio, Partner - Tax, Deloitte
Mikhail Raybshteyn, Partner - Global Insurance Tax, EY
Scott Slater, Partner - Tax Services Leader, PwC Bermuda
5:35 PM - 7:30 PM
1:35 PM PST | 8:35 PM GMT
COCKTAIL RECEPTION – HOSTED BY AON
Regency Terrace
DAY 2 - Wednesday, September 13, 2023
7:30 AM
REGISTRATION DESK OPEN
Princess Rooms
7:30 AM - 9:30 AM
BREAKFAST WITH EXHIBITORS
Princess Rooms
8:45 AM - 9:45 AM
4:45 AM PST | 11:45 AM GMT
Keynote Speaker
Intentional Leadership: How to be a Powerful, Impactful Leader in Today’s Environment
Location: Harbourview Ballroom
Keynote: Carla Harris, Senior Client Advisor, Morgan Stanley
Introducer: Jeremy France, Head of Graystone and Institutional Consulting, Morgan Stanley
9:45 AM - 9:50 AM
5:45 AM PST | 12:45 PM GMT
QUICK REFRESHMENT BREAK – BEVERAGEs
Harbourview Ballroom
9:50 AM - 10:35 AM
5:50 AM PST | 12:50 PM GMT
Session
''CSI Captive': Uncovering Fraud with Forensic Claims Analysis
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Join our panel of experts for a deep dive into forensic claims in the captive insurance market. In this session, you'll learn about the key challenges and opportunities facing the forensic claims industry, as our speakers share their experiences and best practices for conducting effective forensic investigations, as well as best practices for detecting and preventing fraud, and learning how to leverage forensic claims analysis to improve the profitability and performance of your captive insurance programme.
Christopher Wilkie, International Executive General Adjuster (IEGA) & Cyber Incident Manager, Crawford Global Technical Services (Moderator)
Gerry Bouwman, Global Strategy & Development Partner, MDD Forensic Accountants
Janis Hagenbucher, Managing Director, Crawford Forensic Accounting Services
Kyle Masters, Partner, Carey Olsen
10:35 AM - 11:00 AM
6:35 AM PST | 1:35 PM GMT
NETWORKING BREAK
Princess Rooms
11:00 AM - 11:45 AM
7:00 AM PST | 2:00 PM GMT
Session
Head-to-Head: ISACs vs. SACs – Which Packs a Bigger Punch?
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Join our panel of experts as they debate the merits of ISACs (Incorporated Segregated Account Companies) versus SACs. In this session, you'll gain a deeper understanding of the key similarities and differences between these two popular captive structures, discover the pros and cons of each structure and learn how to choose the one that's right for your organisation.
Kim Willey, Senior Counsel, ASW Law (Moderator)
Marthinus Dreyer, Senior Manager - Financial Advisory, Restructuring and Insolvency, Deloitte
Michael Kenny, Head of Client Services, Willis Towers Watson Management
Oceana Yates, Senior Vice President - Captives, Davies Captive Management
11:45 AM - 11:50 AM
7:45 AM PST | 2:45 PM GMT
QUICK REFRESHMENT BREAK – BEVERAGES
Harbourview Ballroom
11:50 AM - 12:35 PM
7:50 AM PST | 2:50 PM GMT
Session
Fronting Challenges and Global Trends - Including Latam
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
Join us for an informative session on the challenges arising for multinational organisations placing their global insurance programmes, and how captives play a key role in developing strategies and synergies for these corporations. Our panelists will share their experience on different strategies and the benefits perceived by organisations with complex insurance programmes.
Luis Delgado, Regional Director - Latam, Strategic Risk Solutions (Moderator)
Gemma Grainger, Head of Customer Solutions, Insurance Services, Davies Group
Adriana Scherzinger, Head of Alternative Risk Solutions, US Commercial Insurance, Zurich North America
Jorge Tabares, CFO, Grupo Energia Bogota
12:35 PM - 2:00 PM
8:35 AM PST | 3:35 PM GMT
NETWORKING LUNCH – SPONSORED BY TRUIST
Princess Rooms
2:00 PM - 3:00 PM
10:00 AM PST | 5:00 AM GMT
Session
Regulatory Roadmap: Navigating Bermuda's Captive Regulator Landscape
Location: Harbourview Ballroom
The regulatory landscape in Bermuda has expanded over the last few years with increased resources being engaged by the Bermuda Monetary Authority and Registrar of Companies. These regulatory bodies, along with the Bermuda Government, will provide an overview of the main changes impacting the Captive space and why this is important for Bermuda's global reputation.
Michael Fahy, Counsel - Regional Legal and Compliance Leader, SVP, Marsh McLennan (Moderator)
Timae Flood, Assistant Director – Supervision (Insurance), Bermuda Monetary Authority
Moses Muoki, Deputy Director – Supervision (Insurance), Bermuda Monetary Authority
Afnik Williams-Hyde, Assistant Director – Supervision (Anti-Money Laundering/Anti-Terrorist Financing), Bermuda Monetary Authority
3:00 PM - 3:05 PM
11:00 AM PST | 6:00 PM GMT
QUICK REFRESHMENT BREAK – BEVERAGES
Harbourview Ballroom
3:05 PM - 4:05 PM
11:05 AM PST | 6:05 PM GMT
session
Expanding Employee Benefits through Captive Insurance
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
In the last several years, companies have increasingly turned to the captive insurance industry to provide coverage for their more expansive, holistic, post-pandemic employee benefits programmes. Join this session to hear from employee benefits experts and captive owners who have already embraced this forward-thinking, as well as how captives can accelerate DE&I progress.
Grainne Richmond, Executive Vice President, Aon (Moderator)
Hugh O’Neill, Executive Vice President, Global Insurance and Risk Management, DHL Group
Sven Roelandt, Global Head of EB Financing Strategies, Aon Health Solutions for Multinationals
Guy Worsey, Director, Customer & Distribution Management, Americas, Zurich Global Employee Benefits Solutions
4:05 PM - 4:30 PM
12:05 PM PST | 7:05 PM GMT
networking break
Princess Rooms
4:30 PM - 5:30 PM
12:30 PM PST | 8:30 PM GMT
session
The Importance of Governance
This session is eligible for ICCIE credits
Location: Harbourview Ballroom
In this session, we will delve into emerging trends in governance, examining the dynamic changes and developments that are shaping the field. We will explore the pivotal role that governance plays in driving effective decision-making processes and fostering accountability within organisations. Additionally, we will delve into the concept of enhanced regulation, exploring how regulatory frameworks are evolving to address the challenges and complexities of the rapidly-changing business landscape.
Sherman Taylor, Head of Capital Markets (Bermuda), Ocorian (Moderator)
Paul Bailie, Managing Director, Willis Towers Watson Management
Rochelle Simons, Independent Non-Executive Director
Nick Miles, Partner, Kennedys
Moses Muoki, Deputy Director – Supervision (Insurance), Bermuda Monetary Authority
5:30 PM - 7:00 PM
PRE-PARTY NETWORKING RECEPTION - SPONSORED BY OCORIAN AND CHARLES TAYLOR
Regency Terrace
7:00 PM - 10:30 PM
wrap party
Harbourview Ballroom
