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ARTICLE · 07 OCTOBER 2022

Centre Stage: Bermuda's Role In An Insurtech Revolution

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Bermuda is rapidly becoming a focus for insurtechs seeking the island's expertise, the accessibility of capital and its regulatory regime.

BermudaInsurance
Josephine Noddings
Josephine Noddings
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Bermuda is rapidly becoming a focus for insurtechs seeking the island's expertise, the accessibility of capital and its regulatory regime. This roundtable discussion hosted by Appleby explored the growth and health of the insurtech sector on Bermuda.

Q1: WHAT IS YOUR ROLE AND PERSPECTIVE WHEN IT COMES TO INSURTECHS ON BERMUDA?

Devon Sherman: I am wearing a couple of different hats today. One is as an advisor to Cactus, an insurtech startup based here in Bermuda, which has created an easy-to-use pricing and data capture system for underwriters and brokers.

I also have experience launching startup accelerator programmes in the US and I am advising on what accelerator models have the greatest potential to meaningfully grow the innovation ecosystem on the Island.

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