Bermuda: Technology

Bermuda is internationally renowned for its thriving global reinsurance market and its status as a premier tourism destination.

In November 2024, the Bermuda Monetary Authority (the "BMA") released a consultation on a proposed new framework for the licensing and supervision of providers of non-governmental digital identities...

A focus on the crucial and enabling role that technology plays across all financial service sectors is among the most notable objectives discussed in the business plan for 2025 published by the Bermuda Monetary Authority.

As one of the leading offshore financial centres, home to approximately 70% of the world's offshore investment funds and with an absence of any direct taxation on companies or individuals, the Cayman Islands has become an attractive destination for technology entrepreneurs.

Jerome Wilson, Partner and Head of Appleby's Technology & Innovation practice in Bermuda provides an update on the jurisdiction's thriving Fintech sector. Jerome covers three main points...

Card answered questions from Bermuda:Re+ILS on cyber insurance, the impact of artificial intelligence and we discussed how the insurance industry is now going through a "profound" technological transformation.

The surge in adoption of digital technologies and AI is rapidly changing the business, investment and security environments.

Bermuda is internationally renowned for its thriving global reinsurance market and its status as a premier tourism destination.

In our latest episode of our "Tech Talks" podcast, technology law specialists Partner Jerome Wilson, Senior Associate George McCallum, and Associate Karim Creary delve into the dynamic global fintech landscape...