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ARTICLE · 04 SEPTEMBER 2020

Filling The Coverage Gap – Emerging Risks And Innovation In Bermuda

Kennedys Law LLP
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Recent insurer registrations reported by the Bermuda Monetary Authority (BMA) show that Bermuda continues to deliver on its established reputation for finding innovative solutions for...

BermudaTechnology
Nick Miles
Nick Miles
Ciara Brady
Ciara Brady
Nicolas Champ
Nicolas Champ
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Recent insurer registrations reported by the Bermuda Monetary Authority (BMA) show that Bermuda continues to deliver on its established reputation for finding innovative solutions for capacity shortages. Four factors underpin the success story:

  • Bermuda's established reputation for responsible regulation of complex emerging risks.
  • Bermuda's recently-developed reputation for responsible regulation of digital assets business.
  • The development of a "regulatory sandbox" for innovative and experimental uses of technology in the conduct of insurance business.
  • Innovative use of technology in electronic trading and matching risk and capital.

Emerging risks and innovation in Bermuda

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. Kennedys operates in Bermuda in association with Kennedys Chudleigh Ltd.

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