##BFSB Seminar to Focus on Insurance##

BFSB’s next business seminar will focus on insurance as a wealth management tool.

Under the theme *”Insurance: Developing Wealth Management Strategies For The Future”*, the one day seminar will feature presentations and panel discussions by a number of international experts. It will examine the use of insurance as a compliant alternative or supplement to trusts and IBCs.

The objective of the seminar is to provide a current review of the insurance market and, also, to consider how the use of these products varies by geographic regions. Seminar and panel discussions will cover products for various markets, product distribution, the use of captives as a wealth management tool for high net worth individuals, and the benefits of insurance as an asset holding vehicle.

Presenters will include:

Dr. Roger G. Brown, Registrar of Insurance Companies; (Nassau, Bahamas)

James A. Walker, Jr., Walker & Associates P.C.;

James S. Weisz, Rutan & Tucker;

Robert Hudson, Baker & MacKenzie;

Hugh McCormick, LeBoeuf Lamb Greene & MacRae;

Martin Eveleigh, Atlas Insurance Management Ltd.;

Joel Karp, Karp & Genauer;

Robert Colvin, Sterling Resources Group of Companies (Of Counsel, Chamberlain, Hrdlicka, White, Williams & Martin P.C.);

Michael A. Heimos, Dean & Heimos, LLC; and

David Ross of McCarthy Tetrault

Luncheon speaker will be Karl J. Feitelberg of Sterling Resources International of Bermuda Ltd., who will discuss international private placement insurance for high net worth individuals.

*”We are fortunate to have assembled such a high profile group of individuals for the seminar,”* said Wendy Warren, BFSB’s CEO & Executive Director. *”It reflects the growing opportunity for insurance within the spectrum of financial service products that are available in The Bahamas.”*

Sponsors who have been instrumental in organising the conference with BFSB include the Britannia Consulting Group, MeesPierson (Bahamas) Limited and Lighthouse Capital Insurance Ltd.

The seminar will take place May 17 at the Atlantis Resort, Paradise Island. It is the second in a series of seminars under the BFSB Business Seminar Series 2002. The first covered the Development of E-Business in The Bahamas.