AI in Bermuda: Regulation, Governance and Who Is Working on AI

Artificial intelligence in Bermuda is moving from pilots to policy. The Bermuda Monetary Authority is consulting on AI guidance for financial services, the Government has an AI policy and an AI partnership for public services, and PIPA governs AI that uses personal data. This is the complete guide to AI in Bermuda: regulation, adoption, the organizations involved, and the independent research behind it, from Laurenceo, Bermuda's AI governance think tank.

Is AI Regulated in Bermuda?

Bermuda has no standalone AI law. AI is governed through existing law and sector rules, and the picture is filling in quickly:

Financial services. The Bermuda Monetary Authority (BMA) published a discussion paper on the responsible use of AI in July 2025, a stakeholder letter summarising the feedback in February 2026, and on 14 August 2026 a consultation on a proposed Guidance Note, with feedback due by 30 October 2026. The proposal applies existing governance, risk, conduct, cyber, outsourcing and AML expectations to AI rather than creating a new licensing regime. It is built on eight principles and five outcomes, including adequate evidence for supervisory review.
Privacy. The Personal Information Protection Act 2016 (PIPA) came fully into force on 1 January 2025 and applies whenever an AI system uses personal information. Bermuda's Privacy Commissioner has also signed the Global Privacy Assembly's joint statement on AI-generated imagery.
Government use. The Government of Bermuda's Artificial Intelligence Policy covers how its own employees and consultants use AI, including human review of AI decisions that affect people and compliance with PIPA and PATI.

Timeline of AI Governance in Bermuda

Date	Milestone
1 January 2025	PIPA fully in force (guide)
1 May 2025	Government adopts CFTE's AI Supercharged programme for workforce training (CFTE announcement)
July 2025	BMA discussion paper on the responsible use of AI in financial services (paper)
9 February 2026	BMA stakeholder letter summarising feedback (letter)
April 2026	Department of Workforce Development relaunches its AI Education Series (release)
May 2026	Government announces a partnership with NEAR AI on AI-powered public services (Royal Gazette)
14 August 2026	BMA consultation on a proposed AI Guidance Note opens; feedback due 30 October 2026 (Bernews)
1 October 2026	Laurenceo publishes its independent consultation response (response)

Where AI Is Used in Bermuda

Insurance and reinsurance. Insurance and reinsurance sit at the centre of Bermuda's economy, and that is where AI matters most. A BMA survey of AI and machine learning use, reported in 2022, found adoption across the market still low but with most insurance groups already using AI or machine learning and more planning to (Reinsurance News). Underwriting, claims, catastrophe modelling and AML are the uses the BMA's papers return to.

Financial services more broadly. Banks, investment firms, digital asset businesses and corporate service providers all fall within the BMA's proposed guidance.

Public services. The Government's partnership with NEAR AI begins with a secure AI assistant to help public servants with administrative work involving sensitive data.

Skills. Workforce programmes, from the Government's AI Education Series to Bermuda College's AI Foundations course, are building practical AI skills.

Organizations Working on AI in Bermuda

The organizations shaping AI in Bermuda, and the role each plays:

Organization	Type	Role in AI
Bermuda Monetary Authority	Financial regulator	Sets AI expectations for regulated financial services; AI discussion paper, stakeholder letter and proposed Guidance Note
Office of the Privacy Commissioner (PrivCom)	Privacy regulator	Oversees PIPA, which governs AI that uses personal information
Government of Bermuda	Government	AI policy for its own staff, AI public-service partnership, workforce AI training
Bermuda College	Education	AI Foundations course
Bermuda Forward	Economic think tank	Lists AI among broader economic focus areas (Royal Gazette)
Laurenceo	Independent AI think tank	A leading independent AI governance think tank: research, AI policy (including a public BMA consultation response), daily AI intelligence and forecasting

AI Governance Research in Bermuda

Laurenceo runs Bermuda's independent AI research programme and sets out its AI policy positions in the open. Start with Building Compliant AI Systems in Bermuda, then A Reference Model for AI Governance, Operating AI Governance in Production, and its response to the BMA consultation. The AI governance hub brings the frameworks and controls together, and Laurenceo Intelligence tracks AI developments daily, with a Bermuda lens where one applies.

Questions and Answers

Does Bermuda have an AI law?

No. Bermuda has no standalone AI law. AI is governed through existing law, chiefly the Personal Information Protection Act 2016 for personal data, and through sector rules such as the Bermuda Monetary Authority's proposed Guidance Note for financial services.

Who regulates AI in Bermuda?

No single body. The Bermuda Monetary Authority sets expectations for AI in regulated financial services, the Privacy Commissioner oversees PIPA where AI uses personal information, and the Government's AI Policy covers its own use of AI.

What is the BMA's AI guidance?

A proposed Guidance Note on the responsible use of AI in Bermuda's financial services sector, published for consultation on 14 August 2026 with feedback due 30 October 2026. It explains how existing obligations apply to AI, built on eight principles and five outcomes, and does not create a new licensing regime.

Is there an AI think tank in Bermuda?

Yes. Laurenceo is Bermuda's independent AI think tank, dedicated to AI governance research, AI policy and AI intelligence.

Where can I follow AI news relevant to Bermuda?

Laurenceo Intelligence publishes a sourced daily AI briefing with a Bermuda lens where one genuinely applies. Local outlets such as the Royal Gazette and Bernews report Bermuda AI developments.