Appleby Counsel Speaking at Executive Forum on Bermuda Captive Insurance
Appleby Bermuda Counsel Gavin Woods will be speaking at the BDA’s Bermuda Executive Forum to be held in 15 May in Vancouver and 17 May Toronto. The forum will feature industry representatives promoting the corporate benefits of setting up a captive insurance company in Bermuda.
The Forum will draw risk managers and current and prospective captive owners and will focus on captive strategies. Other focuses will include reasons to set up a captive insurer, the nuts and bolts of how to establish a captive entity, and why Bermuda is the sensible domicile choice for captives.
Gavin will be providing a comprehensive overview of applicable legislation and steps to incorporate and license a captive. He will explore how Bermuda’s captive insurance market is the global leader and one of the world’s largest hubs for commercial re/insurance companies, making it a unique one-stop shop.
Gavin is Counsel within the Corporate department of Appleby’s Bermuda office and a member of the Insurance team. He specialises in corporate finance, corporate structuring and insurance regulatory matters. He also has particular experience in the incorporation and licensing of (re)insurance companies, alternative risk financing vehicles (such as cat bonds and insurance-linked securities), listing on the Bermuda Stock Exchange, segregated account structures, securitisations and derivative transactions. Gavin is recommended by Legal 500 Caribbean in the Banking, Finance and Capital Markets, Corporate and Commercial and Insurance/Reinsurance categories. In the Insurance/Reinsurance category, Gavin is also recognised by Legal 500 Caribbean as a ‘next generation lawyer.’
The BDA (Bermuda Business Development Agency) is an independent, public-private partnership funded by the Bermuda government and the private sector. Their overall mission is to retain and create jobs, promote inward investment, and grow Bermuda’s GDP through targeted business development initiatives.