Meeting a Need

Established by leaders of Bermuda's insurance industry in 1996, BFIS is tasked with ensuring that Bermudian students are provided with opportunities to attain the education and training necessary for careers in Bermuda's insurance industry. This is being achieved through scholarships, mentoring, internships and career guidance.

How BFIS can help

Interested in a career in Bermuda’s thriving insurance and reinsurance industry?
The Bermuda Foundation For Insurance Studies (BFIS) provides scholarships and advice to students interested in careers in insurance. The office, located across from the bus terminal in Hamilton, welcomes anyone wanting to find out more about careers in insurance, gives advice on the education and skills needed by the industry and provides interested students with an entry-point into the insurance sector.

Need help paying for college?
BFIS offers over 10 scholarships a year, ranging from $10,000 to $25,000 a year for students interested in careers in the insurance sector. Over 200 students have been awarded BFIS scholarships to date and 26 current BFIS scholars are studying for their degrees in universities in the US, Canada and England.

What subjects do you want to study?
The preferred subjects which BFIS offers scholarships for are: Insurance &  Risk Management, Finance, Economics, Actuarial Science, Mathematics, Accounting, Corporate Law, Computer Science and Environmental Science.  Other subjects may be considered.

Need someone to advise you?
The BFIS Mentor Network programme matches students planning or starting a career in insurance with people already established in the industry. Networking lunches and other events for students are held during summer and Christmas vacations.

Want to learn more about the insurance industry?
The BFIS ‘Intro-to-Insurance’ Summer Programmes take place every summer for 2 to 3 weeks.  A total of 16 students, divided into four teams of four, experience in depth the insurance markets in either London, Bermuda, Atlanta or Chicago. These are structured programmes which include meetings, presentations and work shadowing with insurance professionals, and are open to undergraduate students who have completed either their Junior or Senior year of university.

Want to know a bit more about different careers in insurance?
BFIS makes annual presentations to high school and Bermuda College students to show them the great career opportunities in Bermuda’s insurance sector.  Schools Outreach Committee members go out to all high schools to talk to students about careers in insurance, followed by Lunch & Learns for students who want to learn more.

Want help?
If you have searched our website and haven't found the information you are looking for, send us an email.