ABIR and EY Return as Headline Sponsors for 2025 Bermuda Risk Summit

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ABIR and EY Return as Headline Sponsors for 2025 Bermuda Risk Summit

Hamilton, Bermuda, November 26, 2024: The Bermuda Business Development Agency (BDA) is pleased to announce that the Association of Bermuda Insurers and Reinsurers (ABIR) and EY will return as headline sponsors for the 2025 Bermuda Risk Summit, marking their fourth consecutive year of support.

The 2025 Bermuda Risk Summit will take place at the Hamilton Princess & Beach Club from March 10–12, 2025. Attendees will benefit from a comprehensive agenda featuring a variety of engaging sessions, networking opportunities, and curated experiences throughout the event.

Kendaree Burgess, Managing Director of the BDA, stated: “We greatly appreciate ABIR and EY’s unwavering support over the past four years. Their partnership reinforces the Bermuda Risk Summit’s role in showcasing Bermuda as a leader in the global (re)insurance industry. As we approach the 2025 Summit, we are committed to delivering an exceptional experience that fosters meaningful connections and insights at a crucial juncture in the industry’s calendar.”

John Huff, President & CEO of ABIR, stated: “The Bermuda Risk Summit is a premier forum for the (re)insurance industry, fostering critical dialogue and collaboration among global leaders. ABIR and its member companies are honoured to support this pivotal event, which drives innovation and actionable solutions to address the global protection gap. We are keen to collaborate with industry stakeholders to ensure the 2025 edition exceeds expectations.”

Craig Redcliffe, EY Bermuda Partner and Regional Insurance Leader at EY, added: “EY is thrilled to once again serve as Headline Sponsor of the Bermuda Risk Summit. We’ve seen the Summit evolve into a cornerstone event for the global (re)insurance community.  The 2025 Summit offers an unparalleled opportunity to connect with industry leaders, showcase Bermuda’s competitive strengths, and continue shaping the future of the global risk industry.  We look forward to teaming with the BDA and leveraging our global networks in support of this important event.”

The immediate economic impact of the 2024 Bermuda Risk Summit, which had over 450 attendees (40% from overseas), was estimated at $3.4 million. This impact encompassed spending on lodging, transportation, food and beverage, retail, and recreation, while

supporting 432 jobs. Even more significant were the long-term economic benefits driven by additional visitors who travelled to Bermuda for business meetings during the week of the summit.

This signature event continues to play a vital role in advancing the BDA’s broader strategy to strengthen Bermuda’s global presence, drive economic growth, and cultivate valuable relationships within the international business community.

Registration is now open at a rate of $495 until February 28, 2025, after which a rate of $595 will apply from March 1 to 10. Additional sponsorship opportunities are still available. Please click here for more details and e-mail bermudarisk@bda.bm if you wish to participate. To secure accommodation at the Hamilton Princess & Beach Club, reserve your room online or contact 1-441-295-3000 or the Global Reservations Centre at 1-800-441-1414, using the booking code ‘Bermuda Risk Summit’ to access preferred rates.

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