Burt and Caines to speak at New York BDA forum

Bermuda’s Premier David Burt and National Security Minister Wayne Caines will be in New York on Wednesday, May 2 for an executive forum organised by the Bermuda Business Development Agency (BDA).

American International Group chief executive officer Brian Duperreault will be the keynote speaker, as a 60-strong delegation of industry leaders will take the Bermuda market’s message to New York.

The one-day forum features regulatory and industry leaders discussing advantages offered by Bermuda’s global business market, along with hot topics such as recent mergers and acquisitions, the effects of US tax reform, and the advent of blockchain technology and virtual currencies.

Held at Convene Midtown West at 810 Seventh Avenue, the forum aims to attract prospective investors and professionals interested in learning more about the island’s world-class financial centre.

“This is our second international multi-industry forum, following a very successful first event in London last November,” said BDA chair Paul Scope. “We’ve had a strong response to date, with more than 300 people now registered to attend, and we’re extremely grateful to all our supporting stakeholders for their partnership in this initiative. The programme’s discussions promise to be stimulating and informative and should encourage attendees to explore the many opportunities Bermuda offers as a blue-chip platform for doing global business.”

A dozen discussion panels throughout the day will highlight the breadth of the Bermuda market, covering re/insurance, asset management, high-net-worth services, cyber risk and security, long-term life and annuity insurance, captive insurance, shipping, insurance-linked securities (ILS), and fintech. An evening networking reception will close the event.

Duperreault, who was chairman and chief executive officer of Bermuda’s Hamilton Insurance Group, which he founded, before being appointed to lead AIG, will deliver the keynote presentation at the event’s luncheon.