The Bermuda Business Development Agency (BDA) encourages direct investment and helps companies start up, re-locate or expand their business in Bermuda. An independent, public-private unit, BDA connects prospective business to industry professionals, regulatory officials, and key contacts in the Bermuda government to facilitate domicile decisions. BDA also supports existing companies on the island to foster an environment for economic growth and job creation. Bermuda is one of the world’s top-three insurance centres, with London and New York. The jurisdiction is the single most important property and catastrophe market; the largest captive insurance market; and the largest depository of ILS listings ($30 billion, or more than 80 percent of global capacity at September 30, 2018, according to BSX figures). Thirteen of the world’s top 40 (re)insurers hold licences on the island, employing more than 40,000 people worldwide. To learn more about Bermuda as a world-class financial centre or connect with a BDA representative, go to bda.bm
Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where our principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where we offer specialised financial services. Banking services comprise deposit, cash management and lending solutions for individual, business and institutional clients. Wealth management services are composed of trust, private banking, asset management and custody. In Bermuda, the Cayman Islands and Guernsey, we offer both banking and wealth management. In The Bahamas, Singapore and Switzerland, we offer select wealth management services. In the UK, we offer residential property lending. In Jersey, we offer select banking and wealth management services. Butterfield is publicly traded on the New York Stock Exchange (symbol: NTB) and the Bermuda Stock Exchange (symbol: NTB.BH).
Deloitte Bermuda has been serving clients on the island and across the globe for more than 50 years. As leaders in providing professional services to various industries, Deloitte works with clients to address a range of critical issues brought on by advances in technology, regulatory changes, competition and the changing demands of consumers.
With 150 professionals in Bermuda, our integrated approach delivers keen insights and industry knowledge to clients. Our objective is to help our clients excel by anticipating tomorrow’s agenda with focused, insightful and fresh thinking borne out of our multidisciplinary strengths. We draw upon our specialist skills both within Bermuda and across the Deloitte network to help clients succeed wherever they operate. What’s different about Deloitte is our people, who focus on making an impact that matters by building long-term relationships, and delivering measurable value for our clients’ businesses.
The Deloitte Bermuda team is dedicated to providing Audit, Risk Advisory, Actuarial, Financial Advisory, Consulting and Tax services to clients across multiple industries in the private and public sectors.
Praedicat is a latency risk data and modeling company. Founded in 2012, the company is a spin-off of the RAND Corporation and catastrophe modeling firm Risk Management Solutions (RMS). As an emerging risk tool, Praedicat's text mining technologies identify scientific support for potential litigation when the earliest papers are published. With clearly specified harms and exposed populations identified from peer-reviewed journals, Praedicat estimates severity of the risk and size of the claimant population. Praedicat has developed a probabilistic model that uses empirical predictions of the future state of the science to create a science-based prospective litigation event set, which can then be used to quantify portfolio & individual insurance policy loss estimates. The data and models are used for underwriting, risk management, and the new product development by multiple global insurers and reinsurers. Global industrial companies also use the analytics for best in class product stewardship and risk management.
ABIC, the voice of international business represents more than 110 international companies incorporated in Bermuda. At ABIC, our mission is to promote a sound business environment in Bermuda for international business and the Bermuda community and to advocate for balanced government policies that maintain Bermuda as a well-respected domicile of choice.
The Association of Bermuda Insurers and Reinsurers (ABIR) represents the public policy interests of international insurers and reinsurers that protect consumers around the world.
Bermuda International Long Term Insurers and Reinsurers (BILTIR) was created to serve as a formal association representing the long-term insurers and reinsurers in Bermuda.
The primary focus of BILTIR is to act as an advocate for Bermuda's life and annuity industry for public policy that supports the industry marketplace, including regulatory requirements, other Bermuda Monetary Authority or Bermuda government issues, and tax matters with various jurisdictions.
BILTIR strives to provide a voice for concerns of the long-term (re)insurance sector in Bermuda.