Our success is built around three core values: knowledge of our client, market experience and service. We take the time to understand the business and operations of our clients, our brokers have excellent, long-term relationships with the Bermuda markets and we have an unwavering commitment to client service. With this unique combination of values, Foram Brokerage is recognized as one of the premier independent brokerage firms in Bermuda.
It is clear that the broking landscape has changed and being bigger is no longer necessarily better. Our size gives us the liberty to follow our core values, and the time to ensure that we deliver the promised service and results that our clients have come to expect from us.
With the specialty expertise of a larger firm and commitment to providing clients with the highest level of service, Foram consistently designs and implements innovative and comprehensive insurance solutions for our clients.
At Foram, we believe that it is very important to understand not only the clients’ business, but also the business industry in which they operate. We are actively involved in marketing each and every account, and also engaged in educating ourselves and underwriters about our clients’ businesses. We work constantly with our clients to understand their needs and are therefore able to negotiate the terms and conditions that are most appropriate and cost effective for them. Our brokerage team places insurance and reinsurance with underwriters who are willing to create customized solutions tailored to fit clients’ individual needs.
Our primary focus is on Casualty, Energy, Professional Lines, Construction, Product Recall, Property and Healthcare products.
Please contact us and let us demonstrate our ability to help you secure the cover you need.
Each member of our brokerage team has over 25 plus years of experience in the Bermuda Insurance market and is dedicated to providing professional and comprehensive service to those companies seeking insurance and reinsurance cover. Our executive members are also owners of the firm thus ensuring continuity for the future.
T: (441) 296-0334
C: (441) 799-1404
After graduating from the University of West London in 1987, Robert returned to Bermuda and began work with the brokerage department of Johnson & Higgins. Upon completing a secondment with Johnson & Higgins in Pittsburgh, he then joined the privately held firm, Triangle Brokerage, in 1992.
After the sale of Triangle Brokerage to JLT Risk Solutions in 2002, Robert, in the position of Vice Chairman, assumed responsibility for the brokerage operation of JLT Risk Solutions (Bermuda) Ltd., building it up to become the largest independent brokerage firm in Bermuda, while continuing to place accounts on a daily basis until his resignation from the company at the end of 2005. He then founded the brokerage firm, Foram Brokerage Ltd. in February of 2006, which he presently continues to run.
For 10 years, Robert served on the Board of the Bermuda Insurance Institute which provides courses and classes for all employees in Bermuda looking to further their education in the insurance industry and is a former member of the ACE Bermuda Advisory Board, which is made up of clients and brokers in order to provide feedback on a regular basis to ACE Bermuda. He was also named one of the ‘2007 Power Brokers’ by Risk and Insurance Magazine.
T: (441) 296-0334
C: (441) 535-2805
Stephenie has spent all of her professional career in the Bermuda insurance market. After graduating from Oxford Business College in 1991, Stephenie joined Johnson & Higgins in Bermuda as part of their intermediary group.
In 1994, she joined Triangle Brokerage where she was a member of a team placing Casualty and Professional lines business for large, generally US based companies into the Bermuda insurance market, developing significant market knowledge and learning about all industry groups. She also earned her Bermuda Insurance Diploma not long after joining Triangle.
After the sale of Triangle Brokerage to JLT Risk Solutions in 2002, Stephenie continued to concentrate on placing Casualty and Professional Lines insurance in Bermuda, gaining vast experience while leading a team within a large independent brokerage firm in Bermuda. In 2006 Stephenie left JLT to become a partner and EVP of Foram Brokerage, where she continues to handle and maintain a large book of Fortune 1000 business. Her 20 year experience in the Bermuda market includes all facets of Casualty and Professional Liability business, working with all industry groups.
T: (441) 296-0334
C: (441) 799-1404
Charmayne has spent all of her career in the insurance market in Bermuda.
Her insurance career began in 1991 when she joined Johnson & Higgins in Bermuda as part of the captive group. In 1999, she joined Aon (Bermuda) Ltd as a Technical Assistant in the Claims Department handling all casualty claims. Charmayne continued to grow in the Insurance Industry transferring to Excess Casualty in 2000 where she was responsible for a number of punitive damages accounts and providing support to Brokers. She then moved on in 2003 to Marsh Global Broking (Bermuda) Ltd. where she was responsible for placing professional punitive damages accounts. In 2006 Charmayne left Marsh to become a casualty Underwriting Assistant at XL Insurance (Bermuda) Ltd. where she gained exposure to underwriting. In addition, she provided administrative support to executive staff.
Charmayne joined Foram Brokerage in 2015 where she provides technical and administration support. Charmayne has over 20 years experience in the Bermuda insurance market.
T: (441) 296-0334
31 Queen Street
Hamilton, HM 11
Suite 1782, 48 Par-la-Ville Road
Hamilton HM, 11
We are the leading independent insurance brokerage firm specializing in finding solutions in the Bermuda market.
We were formed in February 2006.
No, our focus and expertise is purely within the Bermuda marketplace. We do however work with many other brokers in other jurisdictions.
Our primary focus is on Casualty, Energy, Professional Lines, Product Recall, Property, Healthcare and Cyber Liability.
Each member of our brokerage team has over 25 years of experience working in the Bermuda Insurance Market. The team members are also all Bermudian by birth.
We operate as a team, so for each account there is senior broker responsible for the daily servicing including placement negotiation and a second member of the team acts as back up. The third member of the team is responsible for any administrative tasks, policy tracking and issuance and claims handling.
In our history, we have been responsible for claim payments on multiple lines of business including D&O, EPL, Property and Excess Liability.
We have the experience and expertise that you would usually find in a larger firm, however being an independent gives us the freedom to put our sole focus on providing the best solutions and service to our clients and broker partners.