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KPMG in Bermuda and Bermuda Captive Network launch Captive Scholarship

December 5, 2024

KPMG in Bermuda and the Bermuda Captive Network (BCN) proudly announce a new Captive Scholarship, the latest addition to KPMG’s scholarship awards. This scholarship, valued at $30,000, aims to develop Bermudian talent specifically for the captive insurance industry—a vital sector where Bermuda is globally renowned as a leading domicile.

With a recognised shortage of skilled captive insurance professionals worldwide, this scholarship addresses a critical need by supporting Bermudian students who wish to pursue dynamic careers in captive insurance. The program is uniquely designed to provide a pathway into the industry through hands-on learning and networking opportunities that go beyond traditional internships.

“The Captive Scholarship offered by KPMG reflects our commitment to equipping Bermudians with the expertise needed to excel in captive insurance,” said Bron Turner, Partner and Captive Sector Lead at KPMG in Bermuda. “By offering students real-world experience and access to industry professionals, this scholarship fosters a foundation of knowledge that benefits both the students and Bermuda’s position as a global leader.”

Key elements of the Captive Scholarship:

• Comprehensive industry exposure: Scholars gain hands-on experience by rotating through KPMG’s Audit, Tax, and Advisory service groups and participating in secondments with a captive insurance company where they work directly with professionals in underwriting, claims, finance, and compliance.

• Networking opportunities: