Caribbean Assurance Brokers is looking to launch a new platform later this year.

After its regional expansion plans were grounded to a halt because of the pandemic, Caribbean Assurance Brokers Limited (CAB) has ramped up its spending on technology as it looks to improve its growth profile.

The local insurance broker spent $36.77 million on its capital in the first half of 2023 as it readies itself to launch a new platform by the end of the year. This will also facilitate the preparation for the Data Protection Act which gets into full swing by December 1.

https://www.jamaicaobserver.com/business/caribbean-assurance-brokers-spending-big-on-tech/