News Release: HAMILTON, Bermuda — The Bermuda Business Development Agency (BDA) announced a Bermuda delegation led by Bermuda’s Premier will attend the annual conference of RIMS, the world’s largest community dedicated to the advancement of risk management.

Being held in San Francisco from April 10-13, RISKWORLD is RIMS’ first major in-person event since 2019. This event usually brings together more than 10,000 attendees from over 70 countries, 400 exhibitors from across the globe, and more than 300 speakers.

Premier David Burt, who will lead the delegation said: “Government is committed to supporting and growing the risk management industry in Bermuda, and the RISKWORLD conference gives us a chance to meet global leaders, learn about new commercial trends, and emphasise the importance of this sector to Bermuda. The delegation will combine attendance at RIMS with additional business development meetings in Silicon Valley, focusing on technology, climate risk finance and venture capital.” 

Jason Hayward, the Minister of Economy and Labour said: “RIMS is one of the most important events on the risk industry calendar, so it remains important for Bermuda to continue to have a presence at RIMS. I send my congratulations to the BDA for organising three important events over the next three months, including next week’s Bermuda Risk Summit, from March 14-16, this RIMS delegation in April, and the Bermuda Climate Summit on 24 May.”

Stephen Weinstein, BDA Chair, who will be attending RIMS on behalf of the BDA added: “The world has been a difficult place to navigate over the last few years, but Bermuda’s 35-year relationship with RIMS has been a real touchstone. Because it attracts so many risk professionals, RIMS RISKWORLD is an ideal place to promote Bermuda as the world’s risk capital. The fact that it is being held in San Francisco also gives us an opportunity to build awareness that Bermuda is the best platform in the world for tech-enabled business to business financial services, for climate finance innovation, and to beta test a range of technology and infrastructure solutions.”

During the pandemic, Bermuda has maintained a close relationship with RIMS virtually and has collaborated on a 2020 RIMS/BDA virtual webinar series; the BDA’s diamond sponsorship of RIMS Live 2021, which drew over 3,000 attendees and more than 100 exhibitors across 50 countries; and several webinars in 2021, including one in June titled “Bermuda and the Changing Landscape of Climate Risk” and another in November titled “Bermuda Captives — Turning Ideas into Reality.” 

Members, clients, and partners of Bermuda’s risk industry are encouraged to attend the San Francisco conference. To find out more about the event or to request a bespoke meeting with the delegation contact us [email protected].