Business organisation Business Bermuda has elected Endurance chief executive David Cash as its new chairman.

Cash replaces Vicki Coelho who has completed a two-year term.

Cash will be responsible for working with Business Bermuda CEO Cheryl Packwood to promote Bermuda’s international business offerings both in Bermuda and around the world.

Packwood said: “I am excited to work with David and build bridges between Business Bermuda’s members and the insurance community.”

“A united effort from all international businesses in Bermuda will bring even more energy and focus that I am confident will yield great results for our entire jurisdiction,” she added.

Cash has been Endurance Specialty Holding CEO since February 2010. He has been with Endurance since its founding in 2001, serving as the company's chief actuary, chief risk officer, president of Endurance's Bermuda operating company and, most recently, chief underwriting officer.