Another successful BFIS “Intro-to-Insurance” programme concludes

On Monday, July 29th, 14 of this year’s 16 BFIS Interns gave presentations to over 50 insurance professionals, former interns and BFIS scholars on what they had learned during immersion in the insurance markets of Atlanta, Bermuda, Chicago and London this summer.

The Intro-to-Insurance programmes are short but intensive (Bermuda – 3 weeks, Atlanta, Chicago and London – 2 weeks) and give the four teams of university students, who ranged this year from sophomores to graduates, the opportunity to learn what the insurance industry is all about and the careers that would suit their goals. Applicants choose the jurisdiction they would like to visit and BFIS endeavours where possible to accommodate them. 

All the interns commented on what an amazing experience this was for them and how much they learned in a very short space of time.  Moreover, they made many great contacts who will prove extremely useful going forward as they look at career options.  The interns strongly encouraged other students to sign up for the programme as being an opportunity of a lifetime. The programme is open to undergraduates in (usually) either their junior or senior years. Students who are interested in the 2020 programmes should email BFIS at info@bfis.bm.

Jane Bielby, BFIS Administrator, thanked everyone involved, stating that a combined total of 51 companies both in Bermuda and overseas had hosted the students, with staff giving generously of their time and knowledge to meet with them for a morning, an afternoon or occasionally for a full day to discuss their roles, give presentations, offer advice and guidance and work-shadowing.  This year three of the companies that hosted the students had offices in all four locations.

A total of 177 Bermudian students have taken part in the programme to date and all participants have found it an amazing experience and a great stepping stone to jobs in the industry.  The Bermuda programme started in 2001, Chicago in 2006, London in 2008 and Atlanta in 2012.

The Intro-to-Insurance programme is co-sponsored by AXA XL for the overseas internships and by Allied World for Bermuda.  BFIS is most grateful for their continuing support as we would not otherwise be able to offer this amazing opportunity to students.

We are grateful to the following companies for their participation: AIG,  Allianz, Allied World Assurance, Alston & Bird, AmWins, Aoelus,  Aon / Aon Benfield, Appleby, Arch Insurance Group, Argo Re, Ascot, Athene, AXA XL, AXIS, Beecher Carlson, Bermuda Business Development Agency, Bermuda Monetary Authority, BFIS London Alumni Group, BF & M, Chubb / Chubb Tempest Re, Clyde & Co,  Colonial Group International, Condie Risk Consultancy, Fidelis, Gen Re/Gen Star, Hamilton Group, Hannover Re, Hiscox, KPMG, Lancashire, Liberty Global/Ironshore, Lloyds of London, Lockton Companies, Markel Corporation, Marsh, MS Amlin,  OIL Casualty Insurance / OIL Group, Renaissance Re, RPS Atlanta, Sedgwick, Sompo International, Southern Company, Sun Life, Talbot Underwriting, Thomas Miller, Tokio Marine Kiln, Travelers, USI Insurance Services, Validus Group, Willis Towers Watson and Zurich.

Sincere thanks are also extended to the BDA and BTA for providing materials for the students to give to host companies and to KPMG who kindly provided the venue for the final Presentation.

The following students took part in this year’s internships:

Bermuda Interns: N’Zhari Phillips (Business/Arden University), Meinhardt Rentrup (Economics/ Haverford), Nathan Burgess (Science/Dalhousie), Calum Maule (Political Science/Queens)

Click here for the presentation.

Chicago Interns: Rajah Steede (Insurance & RM/GSU), Ezra Turner (IT Management/Oxford Brookes), Théo Wolffe (Applied Economics/Queen’s), Haley Ball (Communications/Trent Durham)

Click here for the presentation.

Atlanta Interns:  Linda Amaral (Accounting/Queen’s), Cameron Bell (Management/Bristol), Shatonae DeSilva (Business Admin./Bda. College), Samuel Trott (History/U. of Virginia)

Click here for the presentation.

LONDON INTERNS: Imani Smith (Actuarial/Kingston), Amon Wedderburn (Insurance & RM/St. John’s), Zoe Wright (Economics/Bristol), Matthew Bacon (Management & Finance/Roger Williams)