Bermuda Business Development Agency (BDA)
Stephen is a financial services and insurance executive with an extensive background in innovation, strategy, governance, mitigation and resilience, and transactions. He currently serves as the Chair of Itasca Re, a recently launched Bermuda specialty reinsurer, and as Chair of the Bermuda Institute of Ocean Sciences (BIOS), an non-profit scientific research and educational organization. From 2002 until 2021 he served as Executive Vice President and Chief Legal Officer of RenaissanceRe Holdings Ltd. (RNR: NYSE). During his time with RenaissanceRe, Stephen served as served as a member of firm’s Executive Committee, and as Chair of the RenaissanceRe Risk Sciences Foundation, the company’s charitable vehicle committed to researching and developing risk-mitigation techniques and communicating risk awareness, including via the award-winning Risk Mitigation Leadership Forum series. Stephen is a trustee of the R Street Institute, a leading US non partisan policy organization; and the immediate past chair of the Bermuda Business Development Agency, a public-private partnership between the Bermuda Government and the private sector helping lead Bermuda’s engagement on, among other things, cleantech, fintech, insuretech and climate finance economic development. He previously served as Chair of the Reinsurance Association of American Extreme Events Committee, as Chair of the Policy Committee of the Association of Bermuda Insurers and Reinsurers, as lead associate of the Global Reinsurance Forum, and on Bermuda’s COVID-19 Economic Advisory Committee. Stephen is a graduate of Columbia College, NY, and Harvard Law School. He is a frequent speaker on insurance industry, financial sector, climate and resiliency, and governance issues.