19 March, 2015
The R&Q Quest Bermuda team, accompanied by our colleagues from R&Q in London and across the US has recently returned from the latest World Captive Forum. The event took place from February 1-4, 2015 and the venue of choice this year was the excellent Boca Raton Club and Resort in Florida.
A pleasing turnout saw in excess of 300 registrants from across the globe, including Europe, the US, Canada, South and Central America, the Caribbean and as far afield as Asia. A testament to the success of the event was not only the number of returning attendees from prior years, but also the number of new faces which we were happy to welcome and hope to see again in the future. Attendees were able to get up to date with the latest issues with presentations from some of the highest caliber speakers in the industry and a range of networking events around the conference itself.
Topics covered were comprehensive and included a benefits track as well as a property/casualty track. Some notable sessions covered 831(b) provisions for ‘micro captives’, evolving markets in Latin America, regulation and an outlook for the implications of emerging risks on the captive market. Nick Frost (President of R&Q Quest Management Services, Bermuda) moderated a session on fronting, while Nicholas Dove (Chairman of R&Q Quest Management Services, Bermuda) moderated a session on captives in the context of an Enterprise Risk Management program and lectured on the fundamentals and development of captives. A series of round table sessions proved once again to be very popular, including a bilingual English/Spanish one for Latin American captive issues, chaired by Daniel Message (below). This was complemented by our R&Q colleagues from Europe and the US speaking at a number of the other sessions during the conference.
R&Q Quest Bermuda were one of two founding members of the annual conference and have been involved in organizing the event for 25 years. We see this event as an important opportunity to connect with existing clients and service providers, in addition to significantly promoting awareness of the quality and range of structures available to those who may be newer to the captive space.
Stay tuned to our website and www.businessinsurance.com for information on the 2016 event.