General Accident Insurance Company is looking to its operations in Trinidad and Barbados to push the company’s growth into the future, after admitting it needs to look outside the Jamaican market for growth. PB Scott, chairman of the insurer, said the operations in the two countries are vital to the company.
“I think when you look at the Trinidadian market, its 50 per cent bigger than the Jamaican market. I mean in Jamaica we are the largest general insurer with 28 per cent market share, so if General Accident wants to grow it has to grow in other markets. We are very excited about the Trinidad market. We have great relationships with reinsurers and we’re seeking to expand more into the Trinidad markets,” Scott said in response to queries from the Jamaica Observer.
https://www.jamaicaobserver.com/business-report/general-accident-sees-future-growth-outside-jamaica_229181?profile=1056
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