NewsStocksINTX Expands Bermuda Presence Through Strategic Partnership with Bespoke Analytics

INTX Expands Bermuda Presence Through Strategic Partnership with Bespoke Analytics

Author: Globalfintechseries·

Key Takeaways

  • INTX Insurance Software has entered a strategic partnership with Bermuda-based Bespoke Analytics to enhance its local implementation and delivery capabilities in Bermuda's insurance and reinsurance market.
  • Bespoke Analytics will support INTX implementations across business analysis, solution delivery, historical data migration, systems integration, testing, and go-live, while expanding its on-island delivery team.
  • Bespoke Analytics brings more than two decades of experience serving Bermuda's insurance, reinsurance, and financial services organizations, with expertise in data architecture, integration, business intelligence, and reporting.
  • The Association of Bermuda Insurers and Reinsurers reported that its member companies wrote a record $197.5 billion in gross premiums in 2025, highlighting the market's scale and continued growth.
  • INTX provides dedicated platforms for both sides of reinsurance transactions, including ReinsureConnect RI for ceded reinsurance and INTX Re for assumed reinsurance, alongside INTX Core for property and casualty insurance operations.
INTX Expands Bermuda Presence Through Strategic Partnership with Bespoke Analytics

INTX Insurance Software has entered into a strategic partnership with Bermuda-based Bespoke Analytics, a move designed to strengthen the software provider's presence and local delivery capabilities in one of the world's most important insurance and reinsurance hubs.

Under the agreement, insurers and reinsurers operating on the island will gain access to local implementation, data migration, integration and technology expertise centered on the INTX (Re)Insurance Operating System. The companies described the partnership as a significant step in INTX's ongoing investment in Bermuda.

Bermuda continues to play a central role in the global reinsurance market. The Association of Bermuda Insurers and Reinsurers recently reported that its member companies wrote a record $197.5 billion in gross premiums in 2025 — total premiums written before deducting reinsurance ceded to other carriers — a figure that underscores both the scale of the market and its continued growth. For INTX, the expansion brings its reinsurance-first technology closer to a market managing some of the world's most complex risk and capital structures.

The company provides dedicated technology for both sides of the reinsurance transaction through INTX ReinsureConnect RI, its ceded reinsurance platform, and INTX Re, its assumed reinsurance platform. In ceded reinsurance, an insurer transfers part of its risk to reinsurers; in assumed reinsurance, a reinsurer takes that risk onto its own books. Together with INTX Core, the company's property and casualty (P&C) insurance operating platform, INTX enables organizations to connect underwriting, policy administration, reinsurance, claims, financial operations and reporting within a modern operating environment.

"Bermuda is central to the global reinsurance market, and it is a strategic market for INTX," said Rob Lewis, CEO of INTX Insurance Software. "If we are going to build the operating system for modern insurance and reinsurance, we need to be close to the organizations managing the industry's most sophisticated risks. Bespoke gives us more than on-island implementation capacity. They bring deep knowledge of how Bermuda's insurers and reinsurers operate, how their data moves, and what it takes to successfully modernize technology in this market."

Bespoke Analytics has worked with insurance, reinsurance and financial services organizations in Bermuda for more than two decades, with expertise spanning data architecture, integration, business intelligence, reporting and technology implementation.

Through the partnership, Bespoke will support INTX implementations in Bermuda across business analysis, solution delivery, historical data migration, systems integration, testing and go-live. The firm is also expanding its local delivery team to support growing INTX implementation activity on the island, building the on-island capacity both companies describe as what turns a modern platform into a completed modernization.

"We have spent more than 20 years working inside Bermuda's insurance and reinsurance technology environments, and we understand both the complexity of the market and the limitations created by fragmented legacy infrastructure," said Paul McLeod, Founder and President of Bespoke Analytics. "INTX brings something important to the market: a modern platform designed around how insurance and reinsurance businesses actually operate. Combining that technology with experienced, on-island implementation and data expertise gives Bermuda organizations a practical path to modernization."

INTX and Bespoke Analytics will work jointly with Bermuda insurers and reinsurers evaluating modernization initiatives across ceded reinsurance, assumed reinsurance, core insurance operations, data and integration.

"Technology modernization in reinsurance cannot stop at better interfaces or another layer around aging infrastructure," Lewis added. "Ceded and assumed reinsurance are fundamental operating disciplines. Bermuda organizations should have access to modern technology built specifically for them, backed by people who understand the market. That is what we are building here."

The partnership forms part of INTX's broader strategy to expand its presence in major global (re)insurance markets while building the local expertise and delivery capabilities required to support complex insurance organizations.

Source: Global FinTech Series