BDA

Bermuda Risk Summit Continues to Attract Strong Showing of Overseas Delegates

Retrieved on: 
Monday, March 18, 2024

The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, has once again had a strong showing of overseas support, with 40% of its 450-plus delegate-list attending from overseas.

Key Points: 
  • The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, has once again had a strong showing of overseas support, with 40% of its 450-plus delegate-list attending from overseas.
  • The immediate economic impact of the 2024 Bermuda Risk Summit, held at the Hamilton Princess & Beach Club, March 13-15, including lodging, transportation, food and beverage, retail and recreation was estimated at $3.4 million, supporting 432 jobs.
  • Far more significant were the long-term economic benefits brought about by the additional visitors who flew to Bermuda for business meetings during the week of the summit.
  • Fiona Luck, Lloyd’s Council Member, Convex Group INED said, “I congratulate the BDA on another successful Bermuda Risk Summit, further cementing Bermuda’s position as a globally significant insurance and reinsurance centre.

Record Number of US Insurance Regulators Speaking at 2024 Bermuda Risk Summit

Retrieved on: 
Monday, March 11, 2024

The Bermuda Business Development Agency (BDA) looks forward to welcoming the heads of the National Association of Insurance Commissioners (NAIC) and US Department of Treasury, Federal Insurance Office (FIO) to the third annual Bermuda Risk Summit this week.

Key Points: 
  • The Bermuda Business Development Agency (BDA) looks forward to welcoming the heads of the National Association of Insurance Commissioners (NAIC) and US Department of Treasury, Federal Insurance Office (FIO) to the third annual Bermuda Risk Summit this week.
  • The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, will take place at the Hamilton Princess & Beach Club from March 13-15.
  • David Hart, CEO, BDA said, “We are extremely grateful for the level of support we have received from our industry partners and overseas friends.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

TX RX Systems, Inc. To Showcase New Bi-Directional Antenna (BDA) Line at International Wireless Communications Expo (IWCE)

Retrieved on: 
Monday, March 4, 2024

ANGOLA, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- TX RX Systems, Inc. , the market leader in radio frequency (RF) design and engineering, is set to showcase its new state-of-the-art bi-directional antenna (BDA) product line and other RF products and services at the International Wireless Communications Expo (IWCE) in Orlando this March.

Key Points: 
  • ANGOLA, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- TX RX Systems, Inc. , the market leader in radio frequency (RF) design and engineering, is set to showcase its new state-of-the-art bi-directional antenna (BDA) product line and other RF products and services at the International Wireless Communications Expo (IWCE) in Orlando this March.
  • TX RX Systems will exhibit its latest BDA innovations at booth #733.
  • Attendees are invited to visit the booth for a meet-and-greet with CTO, Ken Pokigo, engineers and team to learn more about the company’s cutting-edge technology that is leading the way in critical communications.
  • In addition, the company will host a meet and greet at their booth on Wednesday afternoon with complimentary snacks and beer.

Bermuda Reinsurance CEOs Discuss Putting Capital to Work at 2024 Bermuda Risk Summit

Retrieved on: 
Thursday, February 29, 2024

A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • John Huff said, “It is a pleasure to once again be moderating a panel at the Bermuda Risk Summit, which ABIR has been a headline sponsor of since its inception three years ago.
  • I look forward to asking these CEOs why Bermuda remains the world’s risk capital, as well as discussing our global prominence as a property and casualty market.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

BDA Receives Best Place to Work Recognition by The Sports Business Journal

Retrieved on: 
Tuesday, March 5, 2024

WOODINVILLE, Wash., March 5, 2024 /PRNewswire/ -- Bensussen Deutsch & Associates, LLC (BDA), the nation's premier Merchandise Agency™ for iconic brands including Major League Baseball, The National Football League, NASCAR, NCAA, and FIFA has been named as one of the Best Places to Work in Sports in 2023 by the Sports Business Journal. BDA was among the top three companies in its size and category designation, earning Medalist honors.

Key Points: 
  • BDA was among the top three companies in its size and category designation, earning Medalist honors.
  • In its inaugural year, the Sports Business Journal honored the best organizations in sports for their leadership and commitment to employees.
  • "This award reflects our team's countless contributions to developing and creating the most impactful products and tailored solutions for our trusted partners' unique needs.
  • The collective passion shapes our workplace and allows us to set the standards for innovation, quality, and excellence across the sports marketing landscape."

AI Keynote Kicks Off Innovation Conversations at Bermuda Risk Summit

Retrieved on: 
Thursday, February 15, 2024

Insurance industry thought leader Frank Schmid, will kick off a series of panels on cyber risk, InsurTech and AI on day three of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • Insurance industry thought leader Frank Schmid, will kick off a series of panels on cyber risk, InsurTech and AI on day three of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • Previously, Frank was affiliated with AIG, the National Council of Compensation Insurance, and the Federal Reserve Bank of St. Louis.
  • This makes the insurer's organisational adaptability critical to business success.”
    Dr. Schmid will be introduced by Sophia Yen, Principal, Insurance Strategy & Innovation Leader, EY.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

Amazon’s Global Head of Corporate Risk to Speak at 2024 Bermuda Risk Summit

Retrieved on: 
Thursday, February 8, 2024

Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • Ms. Wright has over 30 years of experience managing complex risks of global companies and currently serves as Global Head of Corporate Risk & Claims at tech giant, Amazon, and also serves as a California State Commissioner on the Fraud Assessment Committee.
  • Ms. Wright’s keynote conversation will be with Patrick Tannock, CEO of AXA XL Insurance in Bermuda / Chair, Association of Bermuda International Companies (ABIC).
  • Mr. Tannock said: “Bermuda is a dynamic and solution-oriented international business jurisdiction that has fostered a culture based on innovation and calculated risk.

PCTEL Automates Commissioning Tests for In-Building Public Safety Radio Systems

Retrieved on: 
Wednesday, January 31, 2024

Automating the tests associated with BDA commissioning speeds up the commissioning process and enables a broader set of people to perform the tests correctly.

Key Points: 
  • Automating the tests associated with BDA commissioning speeds up the commissioning process and enables a broader set of people to perform the tests correctly.
  • “As more local jurisdictions require buildings to meet public safety radio coverage requirements, automated commissioning tests will remove another key pain point for building owners and public safety officials alike,” said James Zik, PCTEL’s Vice President, Test and Measurement Product Management.
  • “With support for both commissioning and coverage tests, PCTEL’s public safety network testing solution and SeeHawk™ Central cloud platform can now be used for the entire testing, reporting, and approvals process.”
    BDA commissioning tests are fully integrated with PCTEL’s existing public safety network testing system and SeeHawk™ Central cloud-based automated workflow management platform.
  • Public safety agencies can track the results of both in-building coverage and BDA commissioning tests in the SeeHawk™ Central platform with a complimentary account.

New Opportunity for a Shared Future -- China-France Industrial Cultural Exchange Week Launched in Beijing E-town

Retrieved on: 
Wednesday, January 31, 2024

Zhang Qiang, Secretary of the BDA Working Committee, said that Beijing E-town has reached many milestones in the China-France friendship.

Key Points: 
  • Zhang Qiang, Secretary of the BDA Working Committee, said that Beijing E-town has reached many milestones in the China-France friendship.
  • Founded in 1992, Beijing E-town welcomed the first Chinese-French joint venture - Beijing Zhongcai Printing Co., Ltd. (BZP) - in 1993, setting the stage for the entry of French capital and businesses in Beijing E-town.
  • In 1997, Schneider Electric set up its first Beijing facility in Beijing E-town, which has now become the company's largest plant in the world.
  • At the launch event, nine French-funded enterprises, including Schneider Electric and Sanofi, were awarded the Beijing E-town Development Partner" medal.

Keynote Conversation Between Premier and Arch Capital CEO to Kick Off Bermuda Risk Summit

Retrieved on: 
Tuesday, January 23, 2024

A keynote conversation between Bermuda’s Premier David Burt and Marc Grandisson, CEO, Arch Capital Group Ltd. (Arch) will kick off the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • A keynote conversation between Bermuda’s Premier David Burt and Marc Grandisson, CEO, Arch Capital Group Ltd. (Arch) will kick off the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • Premier Burt said, “I look forward to representing the Government of Bermuda and taking part in my third annual Bermuda Risk Summit keynote.
  • The Government is proud to support this important event, which highlights Bermuda’s position as the world’s risk capital.
  • A full agenda for the Bermuda Risk Summit, being held at the Hamilton Princess & Beach Club from March 13-15, 2024, is available online .