Business Leaders Urge Barbados Firms to Adapt at BIBA Global Business Conference

Ocean Re and American International Insurance Managers are positioning themselves as a one-stop shop for risk transfer solutions, according to general manager Stefan Hinds at the BIBA Global Business Conference in Barbados. Hinds said the captive market is promising and that the offshore company is planning expansion, while the firms also created a small putting strip as part of their outreach efforts.

Senior Minister Christopher Sinckler told the Barbados International Business Association conference that the global economic system is changing rapidly and businesses must adapt. Speaking in Barbados, he urged companies to look beyond traditional markets and find new opportunities in the shifting international landscape.

Foreign Affairs Minister Christopher Sinckler urged Barbados to turn its diplomatic ties into investment and business gains by easing barriers such as slow, unclear banking and regulatory processes. Speaking at BIBA’s Global Business Week, he also pushed for outreach to new markets in Asia, Africa and Latin America as Parliament prepares new immigration and citizenship laws.