MJM hosts Insuralex Global Insurance Lawyers Group in Bermuda
By Agathe Holowatinc
The first Mid-Year Meeting to be held in Bermuda of Insuralex, a worldwide network of independent insurance and reinsurance lawyers, drew a large crowd of over 120 attendees to its recent seminar, of which 37 people were from overseas (representing over 12 countries!). MJM Limited is the Bermuda member of Insuralex and hosted the group this month.
The guest speakers at the seminar at XL conference centre, addressing the audience on Aggregation in the Reinsurance Context and the Insurability of Fines and Penalties, were from London’s Devereux Chambers, with whom MJM Limited has strong links. Speakers included: Colin Wynter, QC, Chambers & Partners Insurance Silk of the year 2012; Richard Harrison, Leading Insurance Junior; and Andrew Burns, Leading Insurance Junior and co-author of the Law of Reinsurance with Colin Edelman QC, published by Oxford Press.
Key attendees included Chief Justice, the Hon. Ian R.C. Kawaley and Minister of Economic Development, the Hon. Dr. Grant Gibbons, JP, MP.
The seminar was followed by a reception at the Royal Bermuda Yacht Club with musical accompaniment by the Menuhin String Quartet.
Alan Dunch, Director, MJM Limited, says: “The presentation by Devereux Chambers was both engaging and thought provoking. The event was a unique gathering of Bermuda’s insurance executives and Insuralex members and attorneys. We hope that the event will drive new business to Bermuda and we have already begun to plan for some of these lawyers to return to Bermuda in 2014.”
The event was a great showcase of not only the Bermuda insurance industry and its international connections but also what the Island has to offer as a whole. Insuralex members provided excellent feedback about their recent trip to Bermuda. Aside from seminars and meetings, the international guests thoroughly enjoyed the time spent on the Island partaking in activities such a sailing, golf and watching some of the Rugby Classic.
Bill Perry, President of Insuralex, said: “We would like to thank MJM Limited for hosting the meeting and for their hospitality.”
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