July 5: Business Briefs

Inspired! Capital G extends arts scholarship deadline

The deadline to submit a 2013 Capital G ‘Inspiration’ Scholarship application has been extended to July 15.

The scholarship awards artistically gifted students with financial assistance to pursue academic goals in music and the arts. Studies indicate that children exposed to the arts excel drastically in their future careers. In partnership with the Ministry of Education, Capital G is proud to offer this opportunity to encourage academic excellence in the arts for Bermudian youth.

Eligible applicants must demonstrate a clear special talent in the visual or performing arts. Student applicants must be aged 13 to 18 years old and currently enrolled in a public or private middle or senior school.

To apply, students should submit four (4) copies of the following:

• A full year of your education transcripts for the year of application 
• A written essay of 500 words minimum explaining why you believe you are most appropriate for this scholarship 
• Supporting documentation of the course(s) or the programme you wish funding for, and the costs per year 
• A portfolio with CDs and/or DVDs to showcase their talent 
• Two written character references
• Proof of Bermudian Citizenship.

Horton promotion

Ironshore Inc. announced Steven Horton has been promoted to vice president, Financial Lines Manager within Iron-Starr Excess Agency Ltd., based in Bermuda.

Mr Horton joined Ironshore’s Pembroke Syndicate in London in 2008, where he served as a Financial Institutions Underwriter. 

He joined Iron-Starr in Bermuda in 2010, responsible for underwriting and building the Financial Lines business throughout the Ironshore platform.  Prior to Ironshore, Mr. Horton worked for Chartis Excess Limited in London as a Financial Lines Underwriter.

Stuart Anderson, Chief Executive Officer of Iron-Starr, said in a press release: “Steve has demonstrated exemplary underwriting and production abilities throughout his career.  He also has been instrumental in mentoring and coaching our young talented Bermudian professionals, including the development of their training and career plans.  Steve is a key member of our management group at Iron-Starr and has developed a strong reputation for execution and delivery both internally within the Ironshore Group of Companies and externally with our distribution partners and clients.”

ISIS Foundation

If you’re looking for the ISIS Foundation, you’ll need the new address on Parliament Street. 

Pamela Barit Nolan, executive director, said in a press release: “I am pleased to be a part of The ISIS Foundation Family. Over the last several weeks I have started connecting with the many people in Bermuda that have supported ISIS over the last 15 years. I am also reaching out to new partner organizations and individuals who are interested in the work of The ISIS Foundation.

The ISIS Foundation works with children in Nepal and Uganda to improve their lives through health, education and other developmental projects.

Effective HR strategies

Do you have challenges managing your human resources? A breakfast seminar entitled “Effective HR Strategies in an Ever Changing Environment” on Wednesday July 10 from 8am to 11am.

This informative seminar, co-hosted by the Bermuda Economic Development Corporation (BEDC) and KPMG, will provide attendees with practical tips to help manage the HR process utilising creative techniques and strategies to remain competitive in an ever changing environment.  

Registration for this seminar is complimentary, but spaces are limited. RSVP by Friday, July 5th by e-mailing Rachellin O ‘Connor at [email protected] or calling 294-2675 to reserve your space today. .  

A light breakfast will be served from 8am  to 8:30am with the seminar starting promptly at 8:30am.

Brazil transaction

Ocean Wilsons Holdings Limited announced that on July 1, through its subsidiary Brasco Logística Offshore Limitada, it concluded the acquisition of Brazilian Intermodal Complex S/A . 

The closing acquisition price was Brazilian Real “BRL” 89.8 million with debt of BRL 32.1 million assumed on acquisition.