Global Atlantic Financial Group, a retirement and life insurance provider serving individuals and institutions, has expanded its presence in Bermuda with a move to a new headquarters at Washington House on Church Street in Hamilton.
This relocation marks a significant step in the company’s continued investment in the island, as it grows its office space to more than 15,000 square feet—more than triple its previous footprint.
The new facility offers a modern, collaborative workspace with open-concept layouts, a lounge, and an outdoor patio designed to enhance team productivity and innovation.
The Bermuda team has grown to nearly 60 employees, with staffing levels doubling over the past two and a half years and rising by 30% in the last 18 months.
This local expansion reflects the broader scale of Global Atlantic’s business, which manages approximately $190 billion in insurance liabilities, the majority of which are tied to its Bermuda operations.
Alongside its business growth, the firm continues to support the island’s community through the Global Atlantic Re Foundation, launched in 2023 to advance economic development, education, and environmental sustainability initiatives across Bermuda.
“The investment in our new space here at Global Atlantic is a reflection of our long-term commitment to creating an exceptional environment for our team and delivering even greater value to our clients,” added Darryl Herrick, Managing Director, Co-Head of Reinsurance at Global Atlantic Financial Group and President of Global Atlantic Re.
“Bermuda is a vital part of our story, and we’re proud to strengthen our presence in a community that shares our vision for innovation, excellence, and sustainable growth. We’re excited about what the future holds and remain deeply committed to investing in Bermuda for many years to come.”
