Global Atlantic Expands Bermudian Presence with Major HQ Move
Global Atlantic, a leading provider of retirement and life insurance solutions, has taken a bold step forward in its growth journey by significantly expanding its footprint in Bermuda. The company recently relocated its Bermuda headquarters to Washington House on Church Street in Hamilton, increasing its office space to over 15,000 square feet —tripling its previous size.
This strategic move reflects the group’s commitment to investing in Bermuda’s professional landscape while enhancing operational capabilities to support its growing global portfolio.
Global Atlantic Champions Workplace Innovation in Hamilton
More than just a change of address, the new office layout reflects a modern philosophy of collaboration and productivity. The headquarters boasts an open-concept design, a comfortable lounge, and an outdoor patio, all tailored to foster creativity, wellness, and performance.
Over the last two and a half years, the group’s Bermuda team has doubled in size , growing by 30% in the last 18 months alone. This rapid expansion showcases not only business success but also a commitment to cultivating local talent and providing a dynamic work environment.
Global Atlantic Bermuda Operations Drive Global Growth
The significance of the group’s presence in Bermuda extends far beyond local boundaries. The firm currently manages approximately $190 billion in insurance liabilities , with a substantial portion tied directly to its Bermuda-based reinsurance operations.
This underscores Bermuda’s strategic value—not just geographically, but structurally. The island’s robust regulatory environment and access to high-caliber talent make it a prime location for scaling global financial services.
Global Atlantic Invests in Bermuda’s Future Through Community Initiatives
Alongside its corporate growth, the group is demonstrating leadership in social responsibility through the Global Atlantic Re Foundation , launched in 2023. The foundation is actively funding initiatives that promote economic development, education , and environmental sustainability across Bermuda.
This philanthropic commitment illustrates the company’s belief in creating lasting value—not only for shareholders and clients, but also for the community it calls home.
Global Atlantic’s Long-Term Vision: Value, Innovation, and Impact
Darryl Herrick, Managing Director and Co-Head of Reinsurance at Global Atlantic, emphasized the importance of the company’s latest investment:
“The investment in our new building is a testament to our long-term commitment to creating an exceptional environment for our team and delivering greater value to our clients. Bermuda is part of our heritage, and we’re excited to deepen our roots in a community that shares our vision for innovation, excellence, and sustainable growth.”
Conclusion: Global Atlantic’s Bermuda Growth Signals a Bold Future
The group’s expansion in Bermuda is more than a physical transformation—it’s a strategic evolution. By reinforcing its presence through talent development, community engagement, and operational excellence, the company is setting new benchmarks for success in the global insurance and reinsurance sector.
As Bermuda continues to play a central role in its long-term strategy, Global Atlantic is clearly building a future defined by vision, value, and vibrant partnerships.
