BFSB was once again a Gold sponsor of the 32nd Annual World Captive Forum which was held at Trump National Doral in Miami, Florida from February 1-3, 2023. This 3-day event, hosted by Business Insurance, is an educational opportunity on the captive industry with educational sessions, roundtable discussions, exhibit hall, and networking opportunities.
Captive insurance is a cost-effective alternative of insurance for business owners to have complete financial control and manage their own risks. With the captive industry evolving, events such as the World Captive Forum presents a platform for trending topics to be discussed by CEOs, managers, and regulators of the captive insurance industry. Some of these topics covered included:
- Hybrid Captives
- Asset Management Outlook
- Protected Cell Captives
- Cyber Captives
- Reinsurance & Fronting
- Strategic and Innovative Captive Uses
- Using Captives to Support ESG Improvements
- Medical Stop Loss Captive
The representatives of The Bahamas attending World Captive Forum included Mrs. Michele Fields, Superintendent of Insurance, Mr. Carl Culmer, Manager of Policies and Practices, and Mr. Gerard Lightfoot, Supervision Unit of Insurance Commission of The Bahamas, Dr. Tanya McCartney, CEO and Executive Director, and Ms. Rianna Sobiech, Marketing and Special Projects Associate of Bahamas Financial Services Board, and Mr. Guilden Gilbert, CEO of Chandler Gilbert Captive Managers.