Amazon’s Global Head of Corporate Risk to Speak at 2024 Bermuda Risk Summit

Hamilton, Bermuda, February 8, 2024: Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Ms. Wright has over 30 years of experience managing complex risks of global companies and currently serves as Global Head of Corporate Risk & Claims at tech giant, Amazon, and also serves as a California State Commissioner on the Fraud Assessment Committee. Previously, Wright served as a Vice President of Strategic Initiatives at RIMS, the risk management society and has worked for Target Corporation and The Clorox Company (for whom she created their captive insurance subsidiary). Ms. Wright has also served on the Client Advisory Board of several notable insurance firms such as FM Global and Willis Towers Watson, and is a frequent speaker on a broad range of risk management topics.

Ms. Wright’s keynote conversation will be with Patrick Tannock, CEO of AXA XL Insurance in Bermuda/ Chair, Association of Bermuda International Companies (ABIC).

Mr. Tannock said: “Bermuda is a dynamic and solution-oriented international business jurisdiction that has fostered a culture based on innovation and calculated risk. The Island’s strong, prudent yet pragmatic regulatory framework and speed to market are key attractions for business and have helped make Bermuda a global financial centre and hub for high-quality intellectual capital.”

“The Bermuda market’s ability and willingness to execute quickly to put capital to work to provide solutions to emerging risk issues is uniquely situated. In addition to this, one of Bermuda’s most significant strengths is its adaptability. In the face of new risks, the Island’s international business community has consistently demonstrated that it can evolve and respond quickly to meet those challenges and the ever-changing needs of its clients,” Mr. Tannock said, “I am looking forward to a thought-provoking discussion with Ms. Wright who is well known and respected in the commercial insurance industry.”

Other panels taking place on the second day of the Bermuda Risk Summit, being held at the Hamilton Princess & Beach Club from March 13-15 include: Lloyd’s – Bermuda: A Shared Perspective, Risk Revolution: Bermuda’s Journey to Becoming the World’s Risk Capital, Risk Solutions: All Roads Lead to Bermuda, Legacy Redefined, and Market View: Investor Trends

A full agenda is available online. Potential delegates are encouraged to register prior to March 1, the end of our price discount period.

In addition to innovative content, registration includes C-suite networking opportunities each day, including an opening reception sponsored by SS&C Technologies, and a Friday networking happy hour, sponsored by BermudAir. We also encourage attendees to take advantage of the BDA Connect app and book 1-on-1 networking meetings directly with other delegates. For the best experience, download BDA Connect on your phone via the App Store, or Google Play.

The BDA thanks our headline partners ABIR and EY and are pleased to report that AM Best, and SS&C Technologies, Inc. are gold sponsors, Kirkland & Ellis and KBRA are silver sponsors, Demotech, Docosoft, KPMG and Teneo are bronze sponsors, and Aon, Rein4ce and Walkers are supporting sponsors. Our airline partner is BermudAir and our media partners are The Insurer, Insurance Insider, Bermuda:Re+ILS and Insurtech Insights. Other sponsorship opportunities are still available. Click here and e-mail bermudarisk@bda.bm if you wish to participate.

We strongly encourage our overseas delegates to click here before February 13 to reserve hotel rooms online or call 1-441-295-3000, or the Global Reservations Centre on 1-800-441-1414, with the booking code: ‘Bermuda Risk Summit’ to take advantage of our preferred rate. All registered delegates will also qualify to receive 20% off flights on our official airline partner BermudAir, which flies to Bermuda from Westchester, NY, Fort Lauderdale, Florida, and Boston, Mass.

The immediate economic impact of the 2023 Bermuda Risk Summit, which had a total of 450 attendees (over 150 from overseas) including lodging, transportation, food and beverage, retail and recreation was estimated at $1.8 million, and supported 266 jobs. Far more significant were the long-term economic benefits brought about by the approximately 100+ additional visitors who flew to Bermuda for business meetings during the week of the summit.

Organising the BDA’s signature events aligns with the ‘Local and International Business Retention’ and ‘Business Attraction and Investment Promotion’ strategic priorities outlined in Bermuda’s Economic Development Strategy.