IAJ President
Peter Levy
Managing Director, British Caribbean Insurance Company Limited, BCIC
President’s Message
The IAJ is committed to its mission of supporting the growth and development of the insurance industry to the benefit of Jamaicans and the economy as a whole. We believe it is important to keep the public informed about the products and services that we offer and the value that they bring in securing important assets, lives and people’s well-being.
Performance of the Insurance Industry
2017 proved to be an encouraging year as the Insurance Industry saw signs of the recovery of the Jamaican economy. Gross premiums, on the General insurance side, were up by 9% over the previous year while on the Life insurance side, Gross Premiums for Individual Life were up by 7%. More importantly, we paid out $18 Billion dollars in Group Health Claims, $21 Billion dollars in Life Claims and $13 Billion dollars in General Insurance claims. Click to Read More
Past Presidents:
Eric Hosin (2016-2018)
President, Guardian Life Limited
Karen Bhoorasingh (2014-2016)
President, Guardian Group General Insurance Jamaica Limited
Hugh Reid (2012-2014)
President, Scotia Life Insurance Company
Paul Lalor (2010-2012)
President & CEO, Insurance Company of the West Indies.
Jacqueline Sharp (2009-2010)
General Manager, Scotia Life Insurance Company
Andrew Levy (2007-2009)
Managing Director, Jamaica International Insurance Company
Earl Moore (2005-2007)
President & CEO, Guardian Life
The Executive Team
Eric Hosin
Immediate Past President
Vernon James
Vice President
Life
Mark Thompson
Vice President
General
Karen Bhoorasingh
Director
Vernon James
Director
Chris Zacc,CD
Director
Oliver Tomlinson, JP
Director
Orville Johnson, OD
Director
Annette Robotham
Corporate Secretary
The IAJ carries out its mandate with the help of various committees comprising representatives from member companies. The committees include:
- Public Relations & Consumer Affairs
- Life Claims
- Human Resources
- General CEOs
- Fraud
