The Royal Gazette: London’s top ILS firm sets up new Bermuda office

London-based investment manager Securis Investment Partners LLP has opened a new office in Bermuda.

The insurance-linked securities (ILS) specialists saw five entities registered during April, according to the Bermuda Monetary Authority’s (BMA) monthly insurance incorporation statistics, as they established their presence on the Island.

Rob Procter, chief executive officer of Securis — based in London’s city insurance district — was in Bermuda last week, and met with The Royal Gazette along with Paul Larrett of the investment company’s non-life arm, and who is setting up the Bermuda office.

Mr Procter, who said they were happy and excited to be in Bermuda, explained Securis representatives had already been regular visitors to the Island, but had found that they needed a presence here.

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