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ARTICLE · 14 MAY 2020

Lessons In Lockdown

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The island of Bermuda may be in lockdown, but that does not mean that it has shut down completely. Rather, some might say that it has a chance to set the benchmark for working from home efficiently.

BermudaCoronavirus (COVID-19)
Brad Adderley
Brad Adderley
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The island of Bermuda may be in lockdown, but that does not mean that it has shut down completely. Rather, some might say that it has a chance to set the benchmark for working from home efficiently.

One example of the re/insurance industry's agility was displayed by the Association of Bermuda Insurers & Reinsurers (ABIR), which held its first virtual board meeting in April with more than 50 executives from member companies participating.

"Of all industries, the data-rich re/insurance sector understands the statistical effectiveness of 'flattening the curve,'" said Albert Benchimol, ABIR Chair and President and CEO of AXIS Capital. "Our industry has been quick to initiate remote working protocols that support the leading medical advice in controlling the spread of the virus. Remote work reinforces the wisdom of social distancing, which is critical for Bermuda right now."

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