PwC Cayman highlights AI-driven innovation at ReConnect 2026

PwC Cayman continued to participate as a gold sponsor in this year’s third annual ReConnect 2026 conference. A review of the April event highlights how the technology is reshaping the reinsurance landscape.

Held at the Ritz Carlton on April 16-17, ReConnect 2026 saw a record attendance of almost 700 delegates this year, including local and international industry professionals.

The conference attendees included approximately 50% international delegates, including leaders from insurance and reinsurance carriers, brokers, investors, asset managers, and various service providers.

The first day of the 2-day conference included an impactful keynote speech by the Hon. Andre Ebanks, MP, Premier and Minister for Financial Services and Commerce, conversation with Cindy Scotland, CEO of Cayman Islands Monetary Authority (CIMA) and featured panels that highlighted Cayman’s growing relevance as an offshore reinsurance hub, with topics delving into the growth of the sector on island, the evolving regulatory framework of the jurisdiction, as well as the practicalities of setting up a reinsurer. Some of the key points panelists focused on included the Cayman Islands’ regulatory regime which they highlighted allows structuring and reporting to be more aligned with US expectations and practices, as well as optionality in deal structures where companies can find an optimized fit in accounting basis, reserving and capital frameworks and investment options for complex transactions, while still being subject to robust regulatory supervision. 

On the second day, the conference delivered insights across various key industry topics such as regulatory and actuarial trends, private assets in the insurance ecosystem, adoption and impact of AI, geopolitics and climate resilience.

A PwC subject matter expert, Jesvir Harkoo, Partner, Risk Modelling Services, participated on the AI in Action: Adoption and Impact in (Re)insurance panel, sharing perspectives about the role of AI in the industry. Jesvir highlighted that AI is no longer just an interesting side conversation, but a practical enabler on how companies transform and how they operate post transformation.  It allows companies to move faster and work through changes more efficiently.  while being applied in areas of due diligence, deal structure, enhancing performance management, insurance forecast construction and balance sheet optimization, among others. 

The panel participants also emphasized the careful and thoughtful way AI tools should be implemented in order for the solutions to be scalable and integrated in the entire end to end workflow, while noting the importance of keeping the human in the loop where necessary to keep the process efficient and mitigate relevant risks.

Building on the momentum of the conference and continuing to spread the word about the growth of the reinsurance industry in the Cayman Islands, a PwC Cayman delegation, joined by other PwC representatives from across the globe, will be attending the annual Rendez-Vous de Septembre (RVS), the largest annual gathering for the global insurance and reinsurance market that will take place in Monte Carlo from September 5th to 9th, 2026.