Closing
Date: February 14th, 2020

AXA XL’s Summer Internship will allow
you to develop your business acumen as you gain a comprehensive understanding
of the (re)insurance industry. You’ll focus on business-related project work
and learn from industry leaders. This program is designed to solidify your
understanding of key business and industry concepts.

You’ll also spend time with teams
critical to our business to learn how each group contributes to our success. As
you gain insights into teams such as Claims, Actuarial and Underwriting, you’ll
have the opportunity to learn from a dedicated mentor and will be exposed to
our businesses through

BFIS Insurance Market Study Programmes:

Short, intensive ‘intro-to-insurance’ intern programmes for students who have completed at least one year of university education and are interested in learning more about the insurance industry. 

Teams of four students spend two or three weeks in either Atlanta, Bermuda, Chicago or London. They will meet insurance professionals and learn about the various careers in insurance. 

2020 PROGRAMME DATES: 

Bermuda: May 18 – June 5 London: June 29 – July 10 Atlanta, Chicago: July 6 – July 17 

Apply on line at bermudascholarships.com (Items required:- a short essay on why

Are you in college and studying an accounting or business-realted degree?
Please join KPMG for the annual Christmas K-nect networking event featuring a light dinner and great prizes!

Date: Thursday, December 19, 2019
Location: KPMG, Crown House, 4 Par-la-ville Road
Time: 5:30pm – 7:00pm

Kindly RSVP to rsvp@kpmg.bm or call 295-5063 ext 334

Following scholarship interviews in July, The Bermuda Foundation for Insurance Studies (BFIS) awarded a total of $322,500 in scholarship funding to 13 students focused on careers in Bermuda’s insurance sector. The total amount of funding that the Foundation has awarded since the charity was founded in 1996 now stands at over $7 million, all funded by the insurance industry. 

The number of current BFIS scholars currently at college is 26, with a total funding commitment of $460,000.  We are proud to report that we have assisted 216 students with

Deadline: September 30th

Internship Overview

Chubb Select provides students with a well-rounded knowledge of the insurance industry in a practical environment. Students can expect to gain industry knowledge along with hands-on experience while building professional relationships.

The program will:

Expose students to basic knowledge of the insurance industry.
Provide hands-on experience working in the various lines of insurance business.
Equip students with leadership and professional etiquette skills.
Promote teamwork among students through an action learning project.
Partner with insurance associations in Bermuda to support and promote industry initiatives.

Chubb Select is an insurance internship program for Bermudian university students.

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.

Date: Tuesday August 6th
Time: 6:00pm – 7:30pm
Location: Bulli Social, 7 Queen St., Hamilton

RSVP: Please email Jackie Mellett at jaclyn.mellett@us.qbe.com by Wednesday, July 31st to confirm your attendance.

The BFIS 2019 Bermuda Intro-to-Insurance Internships kicked off last
week when a group of 4 Bermuda students and 2 students from the Katie School of
Insurance & Risk Management at Illinois State University began an intensive
3-week internship, with visits planned to over 30 re/insurance companies and
related organisations during that period.

The students thus far have enjoyed meeting with brokers, underwriters,
claims analysts, actuaries and lawyers, to name but a few.  One of the interns said what an amazing
opportunity it has been so far. “We are only halfway through the internship and
have learned so much

The BFIS Alumni Committee Presents the great Scavenger hunt.

Date: Thursday June 6, 2019
Time: 6:30pm – 9pm
Location: Starts at Bulli Social and ends at Bulli Social
Price: $5 per person (Teams of 4 Max)

A scavenger hunt for all, and prizes to be won!

Hear from some of the industry’s leading authorities on a diverse range of topics

• Latin America:The next frontier
• Canadian Perspective: What’s new, what’s not?
• Captive Board Education: Understanding your investment portfolio
• Global Employee Benefits: Elevating through captive programmes
• Emerging Issues: Shared economy, autonomous driving, terrorism and cybersecurity
• Fronting Carriers: Are they relevant? Who’s still playing?

Register Today

Register here before March 31 to secure your early-bird discount

Drinker Biddle’s Insurance Regulatory and Transactional Team and the Bermuda Foundation for Insurance Studies invite you to join us for our presentation, The Bermuda Market: Evolution and Innovation. Our panel, which will feature executives from a cross-section of the leading Bermuda Insurance, Reinsurance and ILS markets, promises to deliver engaging and insightful commentary. The program will be followed by a cocktail reception.  

The Casualty Actuarial Society is pleased to offer a FREE student program at this year’s Seminar on Reinsurance in Bermuda on June 3, 2019. University students and high school seniors are invited to participate in this one-day program! The program is geared towards students interested in learning about the reinsurance field including, but not limited to, prospective actuaries.

CAS Student Program Attendees Will:

Learn More About the CAS and the Reinsurance IndustryConnect and Network with CAS MembersAttend Professional Concurrent SessionsParticipate in Student Specific Sessions including a Career Panel

There is no cost for

Started in 2016 the BFIS Denim Day is a major initiative organised by the BFIS Alumni Committee to provide  an annual BFIS Alumni Scholarship worth $10,000 for a student with financial need who meets the BFIS Scholarship criteria.  Last year (2018) $12,643 was raised and we hope to increase this amount in 2019 with 24 companies and 2 schools participating!

The  BFIS Denim Day 2019 is Friday, March 8th.   If you have any questions, please email the Alumni Committee at bfisalumni@gmail.com.

BFIS Alumni Scholarship recipients:

2016 – Zoe Wright – Economics at Bristol University

2017 –

Hamilton Re are looking for 2 Summer Interns

Reporting into our Catastrophe Modelling Team, this internship provides an exciting opportunity for two undergraduate students to spend eight to 10 weeks with us. Students will gain valuable insight by working across various teams and departments and have responsibility for their own projects. By participating in our internship programme, you must also want to push the limits of your knowledge and skills.

What your internship will include

A combination of on-the-job learning and formal development through which you will gain work experience and transferable skills

The Program’s aim is to provide a Bermudian graduate with an opportunity to learn the basics of the insurance market and gain the experience and skills necessary to successfully attain a future position in the reinsurance sector in Bermuda. The Program will employ the successful applicant in Lancashire’s London office for two years. The program aims to ensure that the successful candidate gains understanding across various departments
of the company, we do this by rotating our graduates around the various departments within the business.

Apply by February 15 with resume, unofficial transcripts, proof of Bermudian citizenship and two

At the Centre of Philanthropy’s 12^th Annual Volunteer Recognition Reception, BFIS Alumni Committee Co-Chair Nicholas Butterfield was recognized for his dedication in helping to raise funds for the BFIS Alumni Scholarship during the past year.

At the reception held at Chubb, 50 organisations recognized 51 adults and 20 students who were congratulated by Deputy Governor Alison Crocket, Minister Lovita Foggo and COP Board Member Joel Schaefer.

At the Annual General Meeting of The Bermuda Foundation For Insurance Studies (BFIS) held on December 4, 2018, Stephen Jones (1998 BFIS Scholar), Vice-President Financial Lines, Underwriter with Chubb, was elected as the new Chairman of the Foundation. Stephen is a long-serving member of both the Board of Trustees and the Scholarship Committee and in a short speech at the end of the meeting, talked about the integral part BFIS plays in assisting Bermudian students financially to secure their tertiary education and how gratifying it is to meet up with

Deadline: October 31st

Internship Overview

Chubb Select provides students with a well-rounded knowledge of the insurance industry in a practical environment. Students can expect to gain industry knowledge along with hands-on experience while building professional relationships.

The program will:

Expose students to basic knowledge of the insurance industry.
Provide hands-on experience working in the various lines of insurance business.
Equip students with leadership and professional etiquette skills.
Promote teamwork among students through an action learning project.
Partner with insurance associations in Bermuda to support and promote industry initiatives.

Chubb Select is an insurance internship program for Bermudian university students.

Insurance professionals Brittany DeFrias (BFIS Scholar 2010) and Stephen Bath (BFIS Scholar 2005) from the BFIS Schools Outreach Committee gave a ‘Careers In Insurance’ presentation at Saltus last week, following which numerous students signed up to learn even more about the industry through ‘lunch and  learns’ with other insurance professionals later this semester.  

Bermudascholarships.com is the go-to site for all Bermudian students searching for scholarship funding for their college education and for summer employment. For the start of this academic year a short video has been made promoting the website to senior students as they are considering and preparing for their post graduation options. The video was produced by JROC Communications with In The Know with Antoine Jones as spokesperson and it can be viewed at https://vimeo.com/292106885

It is planned to have the video reach as many students, parents, school counsellors and PTAs as

The start of the school year has BFIS making presentations to senior year students in all the high schools, both public and private, to encourage students to see the possibilities of the myriad of careers within the insurance sector.

This year the newly-formed BFIS Schools Outreach Committee, who are almost all BFIS Alumni, has taken on this programme with members responsible for liaising directly with the career counselors of their former high-school.

The first presentation by Stacy Thakur (BFIS Scholar 2008) and Tyler Kerr (BFIS Scholar 2014) to Bermuda High School IB1

A fantastic line-up of panelists will discuss issues ranging from Diversity & Inclusion to the views of millennials during a major insurance conference next month.

The 8th Annual Bermuda Insurance Market Conference – ‘Bermuda Affirms Its Relevance In A New (Re)Insurance Era’ –  will take place on October 11 at O’Hara House, on Bermudiana Road, with the keynote speech to be delivered by Patrick Tannock, Managing Director at AXA XL and XL Bermuda Ltd Chief Executive Officer, Insurance.

In addition, there will be six panel discussions looking at:

Diversity & Inclusion – From

Click on Read More…to view our Summer Update newsletter online

and/or download our newsletters as pdfs:

BFIS Summer Update 2018

BFIS Spring Update 2018

BFIS Winter Newsletter

So said all the BFIS interns during their presentations on Monday, July 30 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. BFIS is most grateful to XL Catlin which sponsors the Atlanta, Chicago and London Programmes and to Allied World which sponsors the Bermuda Programme.

(Left to right) ATLANTA INTERNS: Chelsea Warren (Business/ Alabama A&E), Walker Campbell (Economics/ William & Mary College), Danielle Wall (Business/ Wilfrid Laurier) and Aaron Rego (Economics/ East Anglia).
LONDON

On Wednesday July 11, the Bermuda Foundation For Insurance Studies (BFIS) awarded $230,000 in scholarship funding to 10 students focused on careers in Bermuda’s insurance sector. This brings the total amount of funding that the Foundation has awarded since the charity was founded 22 years ago to nearly $6.5 million.

BFIS 2018 Scholarship Recipients (left to right) Busayo Salawu, Zya Fraser, Grace Francoeur, Malini Romeo, Amon Wedderburn, Somer Froud,  Miles Cave, Ava Marshall and Sydney Mason. (Missing: Rajah Steede).

The total number of current BFIS scholars now at college is 31, which