Posts by avaucrosson
BCN Talent Gap Baseline Survey
Bermuda Captive Network is working on creating an Internship Framework – Tool Kit that will involve collaboration with both Bermuda College, BFIS and several Risk Management Programs at various Colleges in the US / Canada and Europe. Please click on this LINK to take this survey which has been designed using the Survey Monkey tool. …
Read MoreAndrew Vaucrosson’s consulting period with BCN comes to an end.
Formed in February 2022, The Bermuda Captive Network (BCN) emerged from the synthesis of the former Bermuda Insurance Management Association, the Bermuda Captive Owners Association and the Bermuda Captive Conference and serves as a membership-focused organization providing education, business development and effective representation for Bermuda’s captive and managed insurance industry. During the past 18-month growth…
Read More“Captive Sustainable Solutions”, article appears in the 2023-24 Bermuda Business Review magazine.
The Bermuda Business Review 2023 ~ 2024 − published by the Times Group in association with the Bermuda Business Development Agency (BDA) and launched at the 2023 Bermuda Climate Summit – provides insights into the ongoing transformation of Bermuda’s business landscape focused on the key pillars underpinning its highly successful international business activities. The Review…
Read MoreBCIB report states how captive companies have continued to outperform their U.S. commercial casualty peers
A new report has delivered further evidence of the efficacy of captive insurance, outlining how their use in Bermuda and two Caribbean countries saved their corporate owners demonstrably on insurance costs, when compared to use of commercial insurance. They delivered far better underwriting results and return on revenue, according to the report published by AM…
Read MoreQ&A: The key role of captives in ESG commitments
Zurich NA on how captives can play a role in executing environmental, social and governance initiatives. As environmental, social and governance (ESG) initiatives have moved up the agenda at many companies, there’s growing interest in whether captives can play a role in successfully executing on those objectives. We sat down with Adriana Scherzinger, head of…
Read MoreCelebrating 60 years of innovations by Bermuda’s captives’ sector
This digital presentation by Captive International showcases why Bermuda is an established premiere jurisdiction for captive management. Go to link to view: Cover – 60 Years of Captives in Bermuda (foleon.com)
Read MoreCaptives as an ESG tool
Captives can be used to address environmental, social and corporate governance (ESG) issues in the insurance market. The final session of the 2022 Bermuda Captive Conference was a panel moderated by Séadna Kirwan, risk advisory director, Aon Bermuda and which included Sherman Taylor, head of capital markets, Bermuda, at Ocorian; Maura McGuigan, director of…
Read MoreCaptives still face LatAm barriers
Latin America remains an emerging area for the captive insurance market, attendees heard at the Bermuda Captive Conference. A panel discussion at the conference pointed out that Latin America is a small but growing area of the market at the moment. Latin America makes up 7% of global GDP, with growth of 4.3% over the…
Read MoreBermuda Captive Conference returns with a bang
The 2022 Bermuda Captive Conference has gotten off to a great start, said Helen Souza, business development manager at the Bermuda Business Development Agency. This year’s conference has seen one significant change from previous conferences, she told Captive International. “Historically the Bermuda Captive Conference (BCC) has been one of three entities on Bermuda involved in the…
Read MoreFronting partnerships with captives
The recent boom in new captives could lead to lasting partnerships with fronting companies that fill a very real and specific need on Bermuda. According to Jonathan Reiss, chief executive of Concert, Bermuda-based companies need fronting because, whether they’re commercial insurance or reinsurance or captives, a significant reason they’re here is because Bermuda has a…
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