April 24, 2014 at 8:05 p.m.

RIMS set for ‘A taste of Bermuda’

RIMS set for ‘A taste of Bermuda’
RIMS set for ‘A taste of Bermuda’

By Don [email protected] | Comments: 0 | Leave a comment

Bermuda will be jazzing up the annual RIMS Conference with a Blues Club. RIMS (Risk and Insurance Management Society) is taking place in Denver starting on Saturday.

More than 10,000 people are set to attend the 2014 Conference and Bermuda will be in full force with a delegation of almost 200 people. David Cash, deputy chairman of the Bermuda Business Development Agency (BDA) said: “Bermuda has always distinguished itself from its competitors by its ability to offer full suite risk management solutions to insurance and reinsurance buyers.

Bermuda was the birthplace of the captive insurance vehicle and to this day remains the oldest and largest captive domicile. “Bermuda continues to demonstrate its ability to innovate as evidenced by the impressive numbers being reported by Bermuda in the Insurance Linked Securities space. “It is through the collaboration of the commercial insurance, reinsurance and captive markets that Bermuda continues to be a preferred domicile for all risk management needs.

RIMS is our largest event and it gives us the opportunity to thank our existing clients and develop new relationships. “Our lead position, as a one-stop-shop for risk management solutions, is on full display here through the Bermuda delegation which is further enhanced by the participation of our Government and the Bermuda Monetary Authority.” Bermuda’s iconic exhibit will be a hub of activity in the main exhibition hall.

This two-storey Bermuda-styled showpiece will serve as a key meeting place for industry and clients alike. BDA along with the help of industry volunteers will make sure that all clients, ambassadors and friends of Bermuda are welcomed and presented with a Bermuda tote bag advertising Bermuda as ‘The World’s Risk Capital’.

Various meetings with prospective and existing clients will also take place, in the upstairs meeting room as well as interviews with press. The island will also host a Bermuda Reception, themed the Bermuda Blues Club, on Tuesday, April 29, at the Four Seasons Hotel.

This exclusive event provides an opportunity to network with clients. This year the BDA decided to jazz things up and will feature an array of Bermudian talent ranging from culinary delights to signature Bermudian cocktails, topped off with the jazz and blues band, HTG (formerly Heritage), which will be led by Bermudian saxophone player, Gianluca Gibbons.

The evening’s festivities will kick off with a few welcoming remarks from the CEO of the BDA and The Premier of Bermuda, Craig Cannonier, leading into the smooth blues and jazz sounds of Heritage. Mr Gibbons said: “I am looking forward to being involved in this great venture. With all my efforts in music and business, bridging gaps between Bermuda and the international scene has always been a great motivator for me. This opportunity is nothing short of a blessing, and representing my homeland Bermuda is an honour. We are really excited about this opportunity.”

Premier Cannonier said, “Our presence in Denver is to support the business development efforts of many Bermuda companies that operate in the risk management sector. We want our international business community as well as their clients to know that the Government of Bermuda appreciates their business and we are here to support and enhance doing business in Bermuda. “I am also delighted to see this level of
Bermudian talent on show at this event; in particular, I am thrilled to witness the performance by an upcoming Bermudian entertainer, Gianluca. I am a huge proponent for supporting rising local talent.”

Gosling’s, Bermuda will add to the Bermudian flare by showcasing their prized Family Reserve “Old Rum” for sampling by guests.
To reinforce the Bermuda Blues theme, Gosling’s has also designed signature drinks to accompany the many local specialties such as fish chowder and rockfish with banana. The plasma screens at the conference and the reception will feature video footage of the island.

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