Rachel Derry

Executive Vice President, Liberty Mutual Management (Bermuda) Ltd.

Session: Captive 101: Understanding the Fundamentals

Ms. Derry is responsible for the client service platform and the overall operations of Liberty Mutual Management (Bermuda) Ltd.  She joined the Liberty team in 2005 as an Account Manager and now holds the position of Executive Vice President.  Ms. Derry oversees her team of qualified accountants who are responsible for managing commercial and captive insurance companies, segregated accounts companies, management companies and investment companies in Bermuda and Vermont.  Liberty Mutual Management (Bermuda) Ltd provides accounting, administration, compliance and corporate governance functions for its clients.

Ms. Derry is on the education committee of the Bermuda Captive Network and participates in the Bermuda International Long Term Insurers and Reinsurers association​.

Prior to working in insurance, Ms. Derry’s background was ten years in accountancy practice in the UK.

Ms. Derry gained the Certified Accounting Technicians (CAT) designation in 1999 and became a member of the Association of Chartered Certified Accountants (ACCA) in 2001.  She was awarded a fellowship in 2006 (FCCA).  Since moving to Bermuda and starting work with Liberty, she has obtained an Associate in Risk Management (ARM) designation, Associate in Reinsurance (ARe) designation, and Chartered Property Casualty Underwriter (CPCU) designation through the American Institute for Chartered Property and Casualty Underwriters (AICPCU).