After surpassing an $11-billion mark in gross written premiums (GWP) last year, British Caribbean Insurance Company (BCIC) has been ranked by Insurance Association of Jamaica (IAJ) as the leading general insurance company in 2019.

According to IAJ statistics, this performance reflects a 28 per cent increase in GWP when compared to the pevious year for the company, with operations in Jamaica, Barbados and Turks & Caicos.

“Not only did the GWP performance lead the market, but so too did the company’s profitability, with an impressive 165 per cent growth over 2018. The company’s profit before tax was $703 million,” a recent news release stated.

Peter Levy, managing director at BCIC said the secret to his company’s success was based on their ability to deliver value to customers and eliminate anything that inhibits this.

http://www.jamaicaobserver.com/business-observer/bcic-cops_200655