Bermuda Business Development Agency (BDA) has key interactions with Florida officials

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HAMILTON, Bermuda – (– After more than a year of being online, the Bermuda Business Development Agency (BDA) again this week started direct interaction in Miami, Florida.

Meetings will be held with senior officials from the Florida Chamber of Commerce, Enterprise Florida, the Miami-Dade Chamber of Commerce and the Greater Miami Chamber of Commerce, and other business leaders to develop the current important economic relationship between Bermuda and the United States. States, especially Florida, and future opportunities.

In addition, negotiations to discuss areas of mutual cooperation and potential problems will also be held between members of the Bermuda delegation and Florida officials, including Mayor of Miami Francis Suarez.

The Bermuda delegation will include the Honorable Prime Minister of Bermuda. E. David Burt, JP, MP. Bermuda Business Development Agency (BDA) represented by Roland Andy Burroughs, CEO; Stephen Weinstein, Chairman of the BDA; and Linesha Lightbourne, Business Development Manager for Asset Management and High-Value Services. BDA organized a formal dinner and dinner for invited guests on June 1 and 2, respectively. John Huff, President and CEO of the Association of Bermuda Insurers and Reinsurers (ABIR) will also be at the event, which will strengthen the important economic ties created between Florida and Bermuda after (re) Bermuda insurers allowed Florida residents to purchase property insurance after Hurricane Andrew.

Mr Burroughs said: “These meetings focus on meetings with government officials and business leaders in (re) insurance, fintech, asset management, infrastructure / hospitality, high net worth individuals and their professional advisors, with a focus on renewing existing relationships. and the creation of new ones ”.

Mr. Weinstein said: “Bermuda has been a committed and long-term trading partner of Florida in the aftermath of Hurricane Andrew, pioneering insurance innovation to make insurance coverage as affordable and affordable as possible. We are delighted to meet the political, business and community leaders of South Florida and reaffirm that Bermuda is as open for business as ever. Building on our thirty years of experience helping the world’s largest and most risky markets, such as Florida, with its $ 1 trillion economy, fill the coverage gap, we are now also focused on helping our partners bridge the climate protection gap. risks. Bermuda’s commitment to collaboration, collaboration and innovation will help Floridians export their climate risks to Bermuda and continue to weather any hurricanes that may lie ahead in the coming decades. ”

John Huff said: “It is pertinent that Bermuda’s first post-pandemic commercial commitments should build on the huge relationship between Bermuda and Florida, especially in the first week of the 2021 hurricane season. ABIR and its member companies, which include Bermuda’s leading international insurers and reinsurers, praise the leadership of the Prime Minister’s delegation and the BDA organization. ABIR is encouraged by the tremendous support and commitment of the Florida business, community and government to work together to strengthen this robust partnership between the Bermuda market and Florida to make insurance and reinsurance affordable and affordable for Florida homeowners and businesses. ”

CONNECTING A BUSINESS

BDA encourages direct investment and helps companies start, relocate or expand their operations in our main jurisdiction. As an independent public-private partnership, we connect you with industry professionals, regulatory officials, and key contacts in the Bermuda government to assist with residency decisions. Our goal? Make your Bermuda business smooth and profitable.

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