Bermuda: Key Developments in Captive Insurance and Football Coaching
What the data shows
Bermuda is currently at the forefront of two significant developments: the Bermuda Captive Conference and the search for a new head coach for its senior men’s football team. These events highlight the island’s dual role as a leader in the captive insurance sector and a growing player in international football.
Early bird registration for the Bermuda Captive Conference ends on March 31, encouraging participants to secure their spots at a reduced rate. The conference is a pivotal event that brings together captive owners, risk managers, regulators, and industry leaders, showcasing Bermuda’s status as a leading captive domicile.
According to the Bermuda Captive Network, “We encourage you to secure your place now and take advantage of the reduced rate before prices increase.” This statement underscores the importance of early registration in a competitive industry.
On the football front, the Bermuda Football Association is actively seeking a new head coach for its senior men’s team, with applications already pouring in. Maurice Lowe, the technical development director of the Bermuda Football Association, stated, “We’re receiving lots of applications and CVs from far and wide.” This indicates a strong interest in the position as the team prepares for the upcoming Nations League, set to commence in September.
In a related development, Jason Busti has been appointed as the head of North America treaty reinsurance at Everest. Busti brings over 22 years of experience from his previous tenure at Swiss Re, where he held various senior leadership roles. Jill Beggs, a spokesperson, remarked, “Jason is a highly respected leader with a deep understanding of the North American reinsurance market,” highlighting Busti’s credentials in the industry.
As Bermuda navigates these developments, the exact date for the closing of applications for the head coach position remains unconfirmed. This uncertainty adds a layer of complexity to the Bermuda Football Association’s efforts to finalize their coaching staff ahead of the Nations League.
With these significant events unfolding, Bermuda continues to solidify its reputation in both the insurance and sports sectors, drawing attention from industry leaders and football enthusiasts alike. The outcomes of these initiatives will likely have lasting impacts on Bermuda’s economic and sporting landscape.