BDA creates new digital portal for insurers


The Bermuda Business Development Agency (BDA) has launched a new digital portal that it claims will target global insurance customers and connect them to Bermuda’s market for risk coverage.

The Bermuda Risk Directory website offers access to the island’s brokers, as well as insurance, reinsurance, captive insurance, and insurance-linked securities sectors, connecting users to the market’s companies.

According to the BDA the new website represents a contemporary relaunch of the former Bermuda Market Solutions website and booklet.

“We’re excited to launch this intuitive, robust digital platform to underscore the capacity and innovation across our insurance and reinsurance market,” said BDA business development manager Jereme Ramsay. “Building on the core principles of its predecessor, this website’s advanced search mechanism, navigation and mobile optimisation are designed to help drive new business to our world-respected jurisdiction.

“We’re grateful to our partners at Deloitte, who gathered data from the Bermuda market for this project, and all the participating firms across our risk industry. The concerted efforts of carriers, underwriters, brokers, BDA colleagues, and our web developers, has been instrumental to this project’s success.”

The new website provides listings for participating companies, a brokers directory and a find-a-broker search mechanism (brokers are required for Bermuda market access by US-based clients). Users will also find an overview of the Bermuda insurance market and links to key industry groups and institutions, such as the Association of Bermuda Insurers and Reinsurers, Bermuda International Long Term Insurers and Reinsurers, Bermuda Monetary Authority, and Bermuda Stock Exchange.

Bermuda Business Development Agency, Insurance, Risk, Bermuda

Bermuda Re