Eric Andersen, the president of Aon, will deliver a keynote address at the inaugural Bermuda Risk Summit next month.

The March 14 to 16 event, presented by the Bermuda Business Development Agency, is the first major, in-person risk event on the island since 2019 and includes CEOs from some of the world’s largest property and casualty re/insurers among its growing list of international speakers.

“The threats businesses face today are multi-faceted, complex and interconnected, and all require better data and insights as each decision can have a profound impact,” Mr Andersen said.

“Through the Covid-19 pandemic, perspectives on risk have changed as new forms of volatility have emerged, bringing horizon risks more clearly into view and highlighting the need to innovate on behalf of clients.

“I look forward to participating in this event, which will bring together industry leaders and experts to discuss the most pressing issues our clients are facing, as well as the solutions to address those needs.”

David Hart, BDA CEO, said: “We are thrilled that the president of global professional services firm Aon, Eric Andersen, has accepted our invitation to deliver a keynote address at our Bermuda Risk Summit.

“We encourage anyone who is interested in learning about how Bermuda can help close their protection gap prior to the upcoming mid-year policy renewal season, to register to attend.”

He added: “I am pleased to announce that Aon is joining us as our third and final diamond sponsor, alongside the Association of Bermuda Insurers & Reinsurers and EY.

“The BDA also thanks gold sponsor Appleby, silver sponsors Ariel Re, Kirkland & Ellis, KPMG, and SiriusPoint, as well as the Florida Insurance Council and Meenan P.A. for their generous support.”

Prospective attendees can register at https://www.bda.bm/events/bermuda-risk-summit/.

Among confirmed events on the three half-day agenda are:

•Fireside chat with David Burt, the Premier: Hear Mr Burt describe why Bermuda is the best place in the world to create solutions for the world’s most complex risks, including the island’s capital efficiency, innovative spirit, culture of collaboration and technological prowess.

•Global Brokers Update: Hear the world’s leading intermediaries discuss their leadership and collaborations to close the risk and climate protection gap. Featuring Rob Bredhal, CEO, Tiger Risk; Jonathan (Jake) Clark, managing director, Guy Carpenter; Paul Scope, chairman, Ed Broking; Anup Seth, managing director, Aon Bermuda.

•Standing the Test of Time – Bermuda Captive Sector: 60 Years Strong: Fred Reiss, the “father of the captive industry”, created the first captive in Bermuda in 1962. Sixty years on and this sector continues to innovate, with owners finding new uses for their captives. Moderator: Tom McMahon, EVP, Davies Captive Management Ltd. Panelists: Mark Allitt, managing director, sector lead – insurance, KPMG; Sarah Demerling, partner, Walkers; Kiki Oyemhen, VP insurance executive, Marsh Captive Solutions; Leslie Robinson, SVP, head of underwriting and claims, Willis Towers Watson.

•Hot Off the “Floor” – Florida Legislative Update: Straight out of Florida’s legislative session, senior policy experts provide an insider’s look at what happened, what did not, and what remains to be done. Featuring Ashley Kalifeh, partner, Capital City Consulting; Timothy Meenan, regulatory and legislative attorney, Meenan P.A.; Cecil Pearce, president, Florida Insurance Council.

•Bridging the Cyber Coverage Gap: Given the continued gap between need and pricing, a panel of experts discuss how to manage cyber risks effectively. Moderator: Tracey Gibbons, head of office, QBE Re. Panelists: Patrick Bousfield, senior broker, Lockton Re; Ari Chatterjee, CUO, Envelop Risk; Yosha DeLong, SVP, global head of cyber, Mosaic; Noel Pearman, SVP, cyber product line leader, Axa XL.

•The Rise of Innovative Insurtech: A discussion of how Bermuda’s tech-driven solutions are reshaping the reinsurance landscape and increasing efficiencies. Moderator: Mitchell Klink, associate partner, financial services consulting, EY Bermuda. Panelists: Sandra DeSilva, CEO and chief software architect, Nova; Prashanth Gangu, COO and president of insurance and services, SiriusPoint; Bill Keogh, operating partner and COO, EOS Ventures; Josephine Noddings, counsel, Appleby.

Effective March 7, the BDA said that visitors whose Covid-19 vaccinations are up to date only need a supervised antigen pre-departure test within two days of departure, and no further testing would be required on arrival in Bermuda.

The Risk Summit will take place in the Hamilton Princess & Beach Club and will include morning panels, roundtable discussions and lunch presentations, leaving afternoons free for participants.

According to the revised arrival protocols, the BDA said, children 11 and under would follow the policy of their parents and the organisation was encouraging delegates to bring their families to stay in Bermuda the week before, or after, the conference.

The event’s media partner is The Insurer, and the spirits partner is Goslings.