DAY 1 - Monday, September 09, 2024
7:30 AM
REgistration DESK OPEN
7:30 AM - 9:30 AM
Breakfast with exhibitors
Sponsored by: Pinnacle Actuarial Resources
8:45 AM - 9:30 AM
4:45 AM PST | 11:45 AM GMT
Session
Conference Welcome
Join Bermuda Captive Conference Chair Thomas McMahon with The Hon. Jason Hayward JP, MP, Minister of Economy and Labour, as they discuss Bermuda's economic development and outlook for the future, followed by the presentation of this year's Lifetime Achievement Award and Captive Hall of Fame recipients.
The Hon. Jason Hayward JP, MP, Minister of Economy and Labour, Government of Bermuda (Keynote)
Tom McMahon, Executive Vice President, Davies Captive Management & Chair, Bermuda Captive Conference (Moderator)
9:30 AM - 9:35 AM
5:30 AM PST | 12:30 PM GMT
Quick Refreshment Break – Beverages
9:35 AM - 10:20 AM
5:35 AM PST | 12:35 PM GMT
SESSION
Bermuda Captives: Setting the Standard in Jurisdictional Excellence
Hear from industry experts and captive owners on how Bermuda has positioned itself as a global leader in jurisdictional excellence, attracting high quality businesses and maintaining its enhanced global status in an ever evolving world looking for regulatory transparency, a robust legal framework, international collaboration and innovation.
Grainne Richmond, Executive Vice President, Head of Captives, Aon & President, Bermuda Captive Network (Moderator)
Matt Aulds, VP Finance & Legal, Sensible Weather
Heidi Lawson, Equity Partner, Fenwick & West
Shivani Seth, Business Podcaster, RG Navigate & Director, BEDC
Andrew Weisman, Managing Director, Global Head of Risk & Insurance Management, Morgan Stanley
10:20 AM - 10:45 AM
6:20 AM PST | 1:20 PM GMT
NETWORKING BREAK
Sponsored by: Grant Thornton Bermuda
10:45 AM - 11:45 AM
6:45 AM PST | 1:45 PM GMT
Bermuda Shorts
Setting the Bar with Regulatory Excellence
Hear from a range of regulatory experts as they present a series of Bermuda Shorts that provide insights on how evolving regulations impact captives and the broader regulatory landscape in Bermuda.
Alexander White, Privacy Commissioner for Bermuda | Navigating the Data Privacy Frontier: Embracing the Impact of New Legislation
Sherman Taylor
Head of Capital Markets – Bermuda, Ocorian | Board Effectiveness for Captives
Timae Flood, Deputy Director, Insurance Supervision, Bermuda Monetary Authority | Regulatory Updates & Dispelling the Myths about Bermuda’s Captive Regime
11:45 AM - 11:50 AM
6:45 AM PST | 1:45 PM GMT
Quick Refreshment Break – Beverages
11:50 AM - 12:35 PM
7:50 AM PST | 2:50 PM GMT
seSSION
Innovative Uses of Captives
This session explores the emerging and creative ways businesses are utilising captives as an alternative to traditional insurance, highlighting innovative strategies that showcase captives as versatile tools for risk management and operational efficiency in a rapidly changing global landscape.
Justin Doherty, President & CEO, IML (Moderator)
Kirk Barnett, AVP, Account Executive, WTW Captive Management
Sarah Hopkins, Insurtech/Fintech Regulatory Associate, Fenwick & West
Hanno Tolhurst, Partner, ASW Law
James Wencil, Consulting Actuary, Pinnacle Actuarial Resources
12:35 PM - 1:45 PM
8:35 AM PST | 3:35 PM GMT
NETWORKING LUNCH
Sponsored by: Verve Risk Services
1:45 PM - 2:30 PM
9:45 AM PST | 4:45 PM GMT
seSSION
Captive Wealth: Investment Management Strategies for Sustainable Growth
This session will delve into various approaches to achieving long-term stability and growth for your captive. Attendees will gain insight into strategies which contemplate the moving target of interest rates, diversification, risk management, and strategic asset allocation, which are all factors pertinent to consistent returns over extended periods. The session will also highlight the importance of innovation and adaptability in maintaining sustainable growth within a captive’s investment management program.
Miguel Da Ponte, EVP, Chief Wealth Management Officer, Clarien (Moderator)
Stefano Bertolini, Senior Portfolio Manager, Butterfield Asset Management
Jason Moshos, Senior Vice President, Portfolio Manager, HSBC
Kevin Yousif, President, Yousif Capital Management
2:30 PM - 2:35 PM
10:30 AM PST | 5:30 PM GMT
Quick Refreshment Break – Beverages
2:35 PM - 3:20 PM
10:35 AM PST | 5:35 PM GMT
seSSION
Pooling Prosperity: The Benefits of Risk Pooling for Captives
ICCIE credits available
Join panelists as they discuss the evolution of risk pooling for captives. The discussion will explore the opportunities and the key considerations that risk pooling presents with practical examples of how it can optimise the effectiveness of your captive.
Sophia Greaves, Director – Head of Bermuda Insurance & Reinsurance Practice, Conyers (Moderator)
Nicola Hallett, Managing Director, Captive Management, North America, Artex Risk Solutions
Tanja Korff, Bermuda Client Services Leader, Senior Vice President, Marsh Captive Solutions
Leslie Robinson, Senior Vice-President – Head of Underwriting & Claims, WTW
3:20 PM - 3:45 PM
11:20 AM PST | 6:20 PM GMT
NETWORKING BREAK
Sponsored by: The Bermuda Business Development Agency
3:45 PM - 4:30 PM
11:45 PM PST | 6:45 PM GMT
seSSION
MGAs: Catalysts for Innovation and Efficiency in Captive Markets
This is a must-attend session for anyone looking to understand the evolving role of MGAs and their impact on the captive insurance landscape. Industry experts and innovators will explore the best practices MGAs are leveraging to optimise operations, using the latest technologies and delivering superior value.
James Robinson, Founder, Cactus (Moderator)
Andrew Engler, Co-Founder & CEO, Kettle
Patrick Kenahan, CEO, First Specialty Excess
Tim Usher-Jones, CEO, Banyan Risk
4:30 PM - 4:35 PM
12:30 PM PST | 7:30 PM GMT
Quick Refreshment Break – Beverages
4:35 PM - 5:30 PM
12:35 PM PST | 7:35 PM GMT
seSSION
Maximising Your Captive’s Value Through Strategic Planning
ICCIE credits available
In this session, an experienced panel will address how proper strategic planning, regardless of current market conditions, can help provide for the long-term success of the captive and maximise the benefit to the captive owner. The discussion will highlight how the captive is utilised as a central component within the organisation’s risk finance programme and how thoughtful collaboration between the service providers and risk manager can help the organisation leverage its captive to help navigate unexpected market conditions.
Mike Meehan, Principal, Milliman (Moderator)
Hugh Barit, Chairman and CEO, Performa
Nick Frost, President, Davies Captive Management
Mike Kane, Director, Insurance & Risk Financing, Hartford Healthcare
5:30 PM - 7:30 PM
1:30 PM PST | 8:30 PM GMT
COCKTAIL RECEPTION
Sponsored by: PwC Bermuda
DAY 2 - Tuesday, September 10, 2024
7:30 AM
REGISTRATION DESK OPEN
7:30 AM - 9:30 AM
BREAKFAST WITH EXHIBITORS
Sponsored by: Oppenheimer & Co. Inc.
8:45 AM - 9:30 AM
4:45 AM PST | 11:45 AM GMT
SESSION
(Re)insurance Markets: Navigating Capacity, Rates and Beyond
Join us for an engaging discussion as industry leaders delve into dynamic factors shaping the (re)insurance landscape, including the latest trends in capacity and rate adjustments and what this means for your captive.
Peter Willitts, Senior Consultant, Captive Advisory Partners (Moderator)
Noel Pearman, Chief Underwriting Officer, Bermuda, AXA XL
Dan Rance, Chief Underwriting Officer, Liberty Mutual Bermuda
Shellé Thompson, Product Lead, Bermuda Healthcare Division, Allied World Assurance Company
9:30 AM - 9:35 AM
5:30 AM PST | 12:30 PM GMT
Quick Refreshment Break – Beverages
9:35 AM - 10:30 AM
5:35 AM PST | 12:35 PM GMT
Session
Fiscal Horizons: Exploring the Effect of Corporate Income Tax in Bermuda
This expert panel will discuss Bermuda Corporate Income Tax, what the Bermuda captive market needs to consider in addition to next steps that need to be actioned ahead of, or shortly after, January 1, 2025.
Jennifer Masters, Senior Vice President – Bermuda Captive Leader, Brown & Brown (Moderator)
Cheryl-Ann Lister OBE, Senior Financial & Economic Advisor, Ministry of Finance, Government of Bermuda
Crystal Pittendrigh, Tax Director, PwC Bermuda
Sarah Robey, Tax Partner, KPMG in Bermuda
Donay Viljoen, Tax, Forvis Mazars in Bermuda
10:30 AM - 10:45 AM
6:30 AM PST | 1:30 PM GMT
NETWORKING BREAK
Sponsored by: Performa
10:45 AM - 11:45 AM
6:45 AM PST | 1:45 PM GMT
BermuDA Shorts:
Parametric Innovations in the Captive Market
ICCIE credits available
In this fascinating collection of Bermuda Shorts, we will delve into how parametric solutions can enhance captive insurance strategies by addressing coverage gaps, supporting underserved markets, and managing geopolitical risks, offering innovative approaches to navigate the evolving challenges in risk management.
Greg Fears, Director & Consulting Actuary, Pinnacle Actuarial Resources | Beyond Traditional: Parametric solutions for Captive Success
Dr. Raveem Ismail, Head of Parametric Underwriting, Africa Specialty Risks | Amplifying Impact for the Protection Gap
Tom Johansmeyer, Global Head of Index Classes, Price Forbes Re |
Hedging Geopolitical Volatility
11:45 AM - 11:50 PM
7:45 AM PST | 2:45 PM GMT
Quick Refreshment Break – Beverages
11:50 AM - 12:35 PM
7:50 AM PST | 2:50 PM GMT
Session
LATAM: An In-Depth Look at the Region's Double-Digit Growth
This session will explore the landscape that is shaping Bermuda’s captive market, particularly for Latin American newcomers, as panelists discuss strategies for optimising fronting through agency ratings, the formalisation of reserve calculations, as well as the implications of IFRS financial statements for parent companies and how Bermuda’s regulatory excellence supports the growth of captives in Latin America.
Eduardo Fox, Consultant – Corporate, Private Client & Trusts and Latin America (Moderator)
Andres Carmona, Vice President, Willis Towers Watson Management (Bermuda) Ltd.
Tara Miller, Consulting Actuary, Milliman
Gabriel Rueda Barrera, General Manager, Inversiones Y Consultorias Rueda Y Barrera S.A
12:35 PM - 1:45 PM
8:35 AM PST | 3:35 PM GMT
NETWORKING LUNCH
Sponsored by: Truist Bank
1:45 PM - 2:40 PM
9:45 AM PST | 4:45 AM GMT
Session
The Ever-Changing Landscape: Challenges and Opportunities Every Captive Owner Should be Considering
ICCIE credits available
This session will delve into the latest challenges facing captive owners while also uncovering new opportunities for growth and innovation. Experts will provide insights on how to navigate these shifts strategically to maximise the value and effectiveness of their captives.
Yanique Miller, Vice President, Aon (Moderator)
Jan Bosman, Insurance Risk Manager, ED&F Man Holdings
Benjamin Evans, Associate Vice President for Risk Management & Insurance, University of Pennsylvania
Rebecca Jones, Chief Risk Officer, Nautilus Indemnity
2:40 PM - 2:45 PM
10:40 AM PST | 5:40 PM GMT
Quick Refreshment Break – Beverages
2:45 PM - 3:30 PM
10:45 AM PST | 5:45 PM GMT
session
Healthcare Risk: Medical Stop Loss and Employee Benefits
Join us for an insightful discussion with industry experts as they explore the market trends fueling growth, the characteristics of successful captives, various structural approaches, capacity, and the need for captives to stand out in an increasingly competitive market.
Amy Wolfinger, Head of Healthcare, Ascots Bermuda (Moderator)
Gary Bishcel, Managing Director, Guy Carpenter
Phillip C. Giles, Chief Growth Officer, Accident & Health, Skyward Specialty Insurance
Ed Tyburski, Senior Vice President, Zurich Financial Services
Nekisha Tyrrell, Lead Underwriter, HSBC Insurance (Bermuda) Limited
3:30 PM - 3:45 PM
11:30 PM PST | 6:30 PM GMT
networking break
Sponsored by: The Bermuda Business Development Agency
3:45 PM - 4:30 PM
11:45 PM PST | 6:45 PM GMT
session
Bermuda Mutual Captives: The Foundation of Risk-Sharing and Innovation
This panel will explore the history and evolution of mutual insurers in the group captive context. Join panelists as they delve into the key benefits of Bermuda mutuals, the unique characteristics of their capital structure, regulatory changes and their ongoing relevance in today’s market.
Michael Frith, Senior Counsel – Chairman (Corporate Services), Carey Olsen Bermuda (Moderator)
Timae Flood, Deputy Director, Insurance Supervision, Bermuda Monetary Authority
Nicolas Plianthos, Senior Vice President, Marsh
Tawana Tannock, Managing Director, Skuld Mutual Protection and Indemnity Association
4:30 PM - 4:35 PM
12:30 PM PST | 7:30 PM GMT
Quick Refreshment Break – Beverages
4:35 PM - 5:30 PM
12:35 PM PST | 7:35 PM GMT
session
MacroEconomist View: How Global Events Shape Captive Strategies
ICCIE credits available
This session will explore the impact of global economic trends and events on captive insurance strategies, providing insights on how organisations can adapt to shifting economic landscapes to optimise their risk management and financial planning.
Tom McMahon, Executive Vice President, Davies Captive Management & Chair, Bermuda Captive Conference (Moderator)
Peter Downey, Corporate Investments, Barclays International
John Stoltzfus, Chief Strategist, Oppenheimer
Peter B. Princi, CIMA®, Managing Director, Institutional Consulting Director, Graystone Consulting from Morgan Stanley
5:30 PM - 7:30 PM
cocktail reception
Sponsored by: Aon Bermuda
