19 April 2017News

BDA plans to highlight America’s Cup at 2017 RIMS

A delegation of Bermuda government and industry representatives will be highlighting the 35th America’s Cup at next week’s Risk and Insurance Management Society (RIMS) annual conference and exhibition in Philadelphia, Pennsylvania.

The Bermuda Business Development Agency (BDA) is planning to leverage Bermuda’s profile at the event, which will run from April 23–26 to highlight the America’s Cup in May–June. An America’s Cup theme will mark the Bermuda Booth in the RIMS Exhibition Hall, while the annual Bermuda networking reception will be held aboard Moshulu, a restored square-rigged barque permanently docked at Penn’s Landing on the Center City waterfront. The Cup is expected to be a major topic of conversation and media coverage during the four-day event.

RIMS, with over 400 exhibitors, attracts close to 10,000 risk-management professionals to its annual conference, as well as senior executives and other decision-makers from a wide range of sectors.

“This year, once again, Bermuda will be well represented by government and our industry partners at RIMS,” said Premier Michael Dunkley, who will become the first Bermuda leader to make an official presentation at RIMS when he delivers his Monday, April 24 session titled, ‘Small Wonder: Bermuda’s Super-Sized Impact on the World of Risk.’

“We are honoured to be part of the new Executive Leadership Track debuting at RIMS, and I’m looking forward to telling the Bermuda story,” the Premier said. “RIMS is such a highlight for us—from the Bermuda Booth being featured in the Exhibition Hall, to our hosting of the Bermuda Reception. It’s an important opportunity to showcase why Bermuda is such a unique and resilient financial centre.”

The Premier will join four other Bermuda-related speakers at this RIMS, including Brad Kading, president and executive director of the Association of Bermuda Insurers & Reinsurers (ABIR); Stephen Catlin, executive deputy chairman of Bermuda-headquartered XL Catlin and chair of the Insurance Development Forum (IDF); Brian Quinn, founding director of Granite Management; and Al Gier, president of Bermuda Captive Owners Association (BCOA) and global director of Corporate Risk Management & Insurance at General Motors.

“The America’s Cup has a natural synergy with Bermuda’s brand of global business and tourism,” said Ross Webber, CEO of the BDA. “It’s about quality and longevity, and our insurance industry embodies both those characteristics. We’re proud to represent the island at RIMS and celebrate Bermuda’s economic contribution worldwide.”

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