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Resilience is the theme for the 17th annual Bermuda Captive Conference, which returns as a virtual event on June 14-15.

Conference organisers say the theme reflects the response of the captive industry to a year of unprecedented uncertainty since the Covid-19 pandemic began.

The conference will explore how risk managers and Fortune 500 corporations alike have adapted to the demands the pandemic has placed on them, as well as the fast-evolving landscape of a world changed by Covid-19.

Leslie Robinson, conference chair, said: “This year’s theme really spoke to us, as the captive industry has demonstrated real resilience during a period of socio-economic volatility.

“During last year’s event, we heard some incredible stories from captive owners who made huge adjustments operationally in light of the global pandemic, and companies providing support to their communities during the pandemic.

“We had over 200 captive owners attend our virtual event in 2020 and we hope to attract even more this year and to demonstrate how they can innovatively tackle new and emerging risks facing all size of business – and to remain resilient in today’s rapidly-changing environment.”

Organisers say 900 virtual attendees participated at the inaugural virtual event last year. Notwithstanding the roll-out of Covid-19 vaccines in a number of countries, the continued restrictions on global travel and limitations on large groups gathering, the decision was made to host a virtual event again this year.

BCC said this year’s event will feature more content than before, with new opportunities for attendees to participate in thought-provoking roundtable discussions, schedule meetings with attendees and engage in live networking with sponsors.

Organisers said they expect to attract a record number of captive owners, risk managers and insurance service-providers.

Registration will be free to attend and will open in the next few weeks, organisers said.

Bermuda is the top global captive jurisdiction, home to 680 captive insurance companies as of December 31, and generating more than $40 billion in annual gross written premiums.

The sector recorded continued growth in 2020, registering 12 new entities, according to Bermuda Monetary Authority figures cited by organisers.

To register or for more information, go to http://bermudacaptiveconference.com or contact The Whitfield Group at events@bermudacaptiveconference.com or 292-6386.

• For information on sponsorship opportunities, contact Tom McMahon at events@bermudacaptiveconference.com