23 October 2014ILS

ILS Convergence will go ahead

ILS Bermuda has confirmed Bermuda Convergence 2014 will proceed as planned, despite Bermuda being battered by Tropical Storm Fay and Hurricane Gonzalo within the period of a week.

“This is a testament to Bermuda’s solid infrastructure and commitment of all Bermuda’s stakeholders to get the country back up and running as quickly as possible to ensure as little commercial interruption as possible”, said Greg Wojciechowski, president & chief executive officer of the Bermuda Stock Exchange (BSX) and ILS Bermuda committee member.

“We wish to confirm to our local and international colleagues who plan to attend Bermuda Convergence 2014, that the event will proceed as planned and for those that will be travelling to join us, that we look forward to welcoming you all back to Bermuda for this event.”

Bermuda’s LF Wade International airport resumed operations and the island's hotels have not reported serious damage.

“Bermuda is open for business”, said Wojciechowski.  “It was impressive how well and quickly Bermuda responded, which is a testament to the country’s preparedness and organisation in crisis management situations and disaster recovery efforts”.

The intended location for Bermuda Convergence 2014, Pier Six on Front Street, Hamilton, was compromised during the storms.

Event organisers, the Whitfield Group’s president, Suzie Pewter, said: “After the unfortunate destruction of the PIER 6 iconic structure due to tropical storm Fay, we are pleased to announce that an identical structure is on its way to Bermuda and will be installed by November 5, well in advance of the Bermuda Convergence 2014 event.

“We are pleased with this positive outcome and want to thank all our supporters and suppliers for their continued support and immediate response to our needs.'