Wide Web site caught the editorial eye of the Financial Times, BIBA said this week.

"The web site received a pat on the back from the Financial Times when the paper ran a feature on the new site in their `Cyber Sightings' column,'' BIBA said.

The Financial Times said the site was "nicely designed and has links to a range of resources related to doing business on the island, including a searchable directory.'' The newspaper also mentioned that those who registered on the site could win a trip to Bermuda.

The site, Bermuda-inc.com, has received 52,000 "hits'' since its launch two weeks ago, BIBA added.

Bermuda-inc.com, gives information about forming a company in Bermuda, securing professional services and BSX trading as well as the latest information from the Island's insurance market. Visitors to the site can also browse the Tourism Department's web site.

None of Bermuda's competitors have a web site of this magnitude, exchange CEO William Woods said at the launching.

The web site will be featured at the Bermuda booth at Shorex, an offshore business centre trade being held this week at London's Design Centre.

WALSH JOINS MEADOWBROOK APP Walsh joins Meadowbrook John Walsh has joined Meadowbrook Insurance Group, Inc., the alternative risk management company announced yesterday.

Formerly a senior vice president with International Risk Management Ltd.'s intermediary company in Bermuda, International Risk Management Brokers Ltd., Mr. Walsh joins Meadowbrook's Bermuda broker subsidiary, Meadowbrook International Ltd. Meadowbrook International's sister company in Bermuda is captive management company Meadowbrook Risk Management Ltd.

Meadowbrook, in a release, described the move as an expansion of operations done to "capitalise on the growing opportunities presented by the Bermuda insurance and reinsurance market.'' Mr. Walsh's principal responsibility will be to extend Meadowbrook's relationships with its clients and prospects by expanding their knowledge and usage of the Bermuda market, the company said.

"Mr. Walsh brings to Meadowbrook a substantial reputation in the alternative risk transfer market and significant experience in Bermuda's excess and professional liability industry,'' Meadowbrook International president Michael Woodroffe said.

ANNYAL REPORTS RECEIVE AWARDS AWD Annual reports receive awards The Bermuda branch of the Institute of Chartered Secretaries and Administrators of Canada this week announced winners in the organisation's annual report competition.

In the international category, Bank of Bermuda took first place while Bank of Butterfield and Renaissance Reinsurance Ltd. were joint runners up.

In the local company category, Bermuda Electric Light Company Ltd. took first place while Bermuda Home Ltd. and BF&M Ltd. were first and second runners up respectively.

Each of the 29 entries received individual and collective assessment by a panel of judges.

Presentation of the awards will be made at a cocktail party at the Royal Bermuda Yacht Club on Monday, December 2 at 5.30 p.m.