Sarah Demerling

Client Director

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Canon's Court

22 Victoria Street, PO Box HM 1624


Bermuda HM EX


Sarah is a Client Director and Senior Manager at Estera Services (Bermuda) Limited.

Sarah was formerly a partner within the corporate practice of a magic circle law firm in Bermuda where she specialised in the asset management and investment funds industry, as well as the convergence of insurance and financial markets. She has been involved in the financial services industry in Bermuda for over 14 years and has extensive experience in dealing with offshore structures.

Sarah focused on hedge funds, unit trusts, partnerships, private equity and also worked very closely with the insurance team to advise Bermuda reinsurance managers seeking to raise capital through closed and open-ended investment vehicles and to advise on structures using fund vehicles to invest indirectly into insurance-linked securities (ILS) products.

Sarah serves as an independent director on a number of companies covering a wide range of sectors including funds, oil and gas and captives.

She now focuses on helping clients navigate best practices in corporate governance and compliance in her role as an independent director.

Sarah is a member of the Asset Management Committee of the Bermuda Business Development Agency and was instrumental in working with the Bermuda Government and Bermuda Monetary Authority to introduce changes to the Investment Funds Act.

Sarah was ranked by Chambers Global 2016 as being noted for her investment funds practice. She was also recognised by Chambers Global 2015 as a 'Leader in her Field', in which she is described as 'a very capable lawyer,' according to commentators, and offers significant funds capabilities. In addition to acting for hedge fund and fund of funds managers, she is acknowledged for being well placed to handle insurance-linked securities. She is also named a ‘Leading Lawyer’ in IFLR1000's 2015 Banking and Finance, Capital Markets and Investment Funds categories.

Sarah is also a frequent author of articles and other thought pieces on the Bermuda funds and investments services industry, and participates regularly at conferences and seminars, providing commentary to international and local media on the Bermuda funds industry.

Sarah is a member of the Institute of Directors. She is also an accredited symposium speaker for the Regulatory Compliance Association.


Université Bordeaux (France)

University of Kent (England)

College of Law, Guildford (England)


Keep up-to-date with the latest news, views and developments
from our teams across the Estera group.

01 February 2018

Estera played a key role in Bermuda’s thriving Insurance Linked Securities (ILS) market in 2017, and predicts another good year in 2018.

16 August 2017

Estera is the leading BSX listing sponsor and we can help!

31 January 2017

Working with top ILS industry cedants, sponsors, arrangers and managers, Estera has provided a suite of key services on several large ILS transactions that closed between 30 November 2016 and 11 January 2017, including the mammoth US $1,275M Gailiei Re Ltd transaction involving XL Catlin companies.