AGP Executive Report
Last update: 6 hours agoImmigration Service Upgrade: Bermuda’s Department of Immigration has launched dedicated email channels for work permits, BOTC Bermuda passports, Bermudian status and Permanent Resident’s Certificates, with replies expected within two business days. Telecom Disruption: One Communications says internet services are restored after an outage that affected about 15% of broadband customers islandwide, with a review underway. Captive Insurance Leadership: Thomas McMahon received the 2026 Fred Reiss Lifetime Achievement Award at the Bermuda Captive Conference, while the event also featured closed-door regulator sessions and renewed focus on attracting more Bermudians into captives. Education Reform Pressure: The Bermuda Union of Teachers is demanding a clear, published plan for education reform, criticising delays and lack of transparency on what’s paused or abandoned. Insurance Tech & Data: VIPR Solutions executives in Bermuda highlighted growing demand for digital tools to streamline delegated authority underwriting and quota share reinsurance, as OWIT and Canopius expand insurance data management for MGA/TPA self-service processing. Business & Markets: Beazley appointed Stefan Wunderlich to lead Alternative Risk Transfer (relocating to Bermuda subject to approval) and Butterfield repurchased shares in May; the BSX also reported modest trading activity.
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