Ministry of Economic Development
The Bermuda Government’s Ministry of Economic Development, including its Business Development Unit (BDU) is committed to creating a conducive business environment in Bermuda in order to attract foreign direct investment, and ultimately raise GDP and create jobs on the Island.
Association of Bermuda Insurers and Reinsurers (ABIR)
ABIR represents the public policy interests of Bermuda’s Class 4 insurers and reinsurers around the world.
Association of Bermuda International Companies (ABIC)
ABIC represents the internationally-owned businesses which are physically located in Bermuda, but conduct their operations worldwide.
Bermuda Association of Licensed Trustees (BALT)
BALT is a representative body for companies licensed by the BMA to carry out trust and related business in Bermuda. It makes representations to the Government and delivers reports on trust legislation, fiduciary ethics, good practice and regulation of the industry. BALT also helps BDA promote existing international commerce and develop new business in Bermuda.
Society of Trust and Estate Practitioners (STEP)
Bermuda STEP is the professional body for the trust and estate profession worldwide, with more than 13,000 members spanning the legal, accountancy, trustee, banking, and insurance sectors, plus related professions.
Bermuda Insurance Management Association (BIMA)
BIMA is an association of professional insurance managers and other captive service providers in Bermuda. Clients under management include more than 1,200 insurance and reinsurance companies.
Bermuda International Long-Term Insurers and Reinsurers (BILTIR)
BILTIR represents the long-term insurer and reinsurer group in Bermuda, with a primary focus of advocacy for the life industry.
Bermuda Monetary Authority (BMA)
The BMA is the integrated regulator of the financial sector in Bermuda. It regulates Bermuda-based banks, trust companies, investment business, (re)insurance companies, and the Bermuda Stock Exchange. The BMA also issues Bermuda’s national currency, manages exchange-control transactions, and helps authorities detect and prevent financial crime.
Bermuda Stock Exchange (BSX)
The BSX is the world’s leading offshore, fully electronic securities market, offering a full range of listings and trading opportunities for international and domestic issuers of equality, debt, depository receipts, insurance securitisation and derivative warrants.
Bermuda Tourism Authority (BTA)
The BTA is the public-private agency representing and promoting the Island’s tourism industry. Through partnerships with the Bermuda Government and tourism stakeholders, the BTA’s mandate is to attract more visitors to Bermuda.