News Release: Hamilton, Bermuda, April 26, 2019 – Finance Minister Curtis Dickinson will lead a delegation of government, regulatory and industry leaders to next week’s Risk and Insurance Management Society (RIMS) annual conference and exhibition in Boston, with Premier David Burt also joining Team Bermuda later in the week.
The prestigious conference, running April 28–May 1 this year, attracts 10,000 risk-management professionals, legal, compliance and finance directors, along with other senior executives from over 70 countries across a wide range of sectors. The Bermuda Business Development Agency (BDA) coordinates the island’s presence at RIMS, including meetings around the conference with civic and business leaders, a Bermuda networking reception, media interviews, and a trade-floor booth, all highlighting the island’s leading global insurance market.
“Bermuda’s re/insurance market has a unique legacy that has long been recognised for its innovative solutions and significant contributions to communities around the world,” said Minister Dickinson, who will be accompanied by Assistant Financial Secretary Pam Burrows. “This annual event is a platform to showcase everything Bermuda has to offer—from world-class industry expertise to innovative products to top-tier regulation. We look forward to promoting Bermuda’s well-established relationships, and making new ones.”
Joining the government at RIMS 2019 will be numerous representatives of Bermuda’s insurance industry, the BDA, and the Bermuda Monetary Authority (BMA), including BDA Chair and Willis Bermuda Chair Paul Scope, BDA CEO Andy Burrows, BMA Executive Chair Jeremy Cox, and Association of Bermuda Insurers & Reinsurers (ABIR) President and CEO John Huff.
Bermuda will also be boldly represented among 400 exhibitors by its hallmark two-storey Bermuda Booth, #1241, at the Boston Convention & Exhibition Center. The BDA and volunteers from Bermuda’s global companies will be on hand to answer questions about the jurisdiction and meet with prospective businesses interested in establishing a presence in Bermuda.
“Bermuda has been a high-profile participant at RIMS for several decades, and we’re proud to represent the island and our insurance industry once again,” said BDA CEO Andy Burrows. “RIMS gives Bermuda’s leading market an excellent platform to showcase our companies, our pool of expertise, and our jurisdiction to relevant audiences—and Boston offers us additional opportunities to connect with corporate decision-makers in other industries as well.”
Team Bermuda will have a full Monday agenda of media interviews, meetings and a visit to the Boston Options Exchange (BOX). On Tuesday morning, RIMS 2019 President Gloria Brosius and RIMS CEO Mary Roth will officially welcome the Bermuda delegation before it tours the Exhibition Hall, visiting Bermuda companies and affiliate booths; the BDA-hosted Bermuda Reception networking event will also take place that evening. On Wednesday, the Premier and Minister will meet with state and city civic leaders and members of the Greater Boston Chamber of Commerce, and participate in more media interviews.
There will be Bermuda promotional giveaways during RIMS 2019, including deluxe accommodation and airfare packages courtesy of the Fairmont Southampton and Hamilton Princess. As in previous years, Bermuda canvas tote bags, distributed at its booth, will also be a popular giveaway item for delegates.