BILTIR elects new chair and vice-chair

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has elected Natasha Scotland Courcy, senior vice-president, chief operating officer (COO) and general counsel at Athene Re, as its new chair. Scotland Courcy replaces Sylvia Oliveira, chief executive officer of Wilton Re Bermuda, who was BILTIR’s first Chair.

It has also elected John Hele, president and COO at Resolution Life Group, as vice-chair, replacing Scotland Courcy in that role.

“I am honoured to take up the role of chair of BILTIR and continue the exciting work of supporting the long-term insurance and reinsurance industry’s success in Bermuda and on a global scale,” Scotland Courcy said. “BILTIR’s membership has grown significantly over the last 11 years and advocating for our industry is more important than ever.”

She continued: “Sylvia’s dedication to BILTIR and the long-term insurance and reinsurance industry has seen us through an evolution of the life marketplace, and I am thrilled to take BILTIR forward. We are thankful for Sylvia’s hard work and leadership throughout her tenure.”

Oliveira added: “It has been a great privilege to lead BILTIR from strength to strength in its representation of Bermuda’s life insurance and annuities sector. I have full confidence in Natasha’s ability to lead BILTIR in its advocacy for our members, who seek to protect policyholders and their families from unexpected hardships.  BILTIR is near and dear to my heart, and I will continue to help guide the association’s efforts as an active board director.”

BILTIR represents 73 annuity, life insurance and reinsurance businesses and servicing companies in Bermuda who provide life and annuity products and employ more than 600 people on the island.