Latest Industry News

IAJ President – Peter Levy- Motor Uninsured
Managing Director BCIC- Speaks on the amount of uninsured motor vehicle on the road in Jamaica and the dangers it creates for the insured driver.

IAJ President – Peter Levy- General Uninsured
Managing Director BCIC- Speaks on the amount of the uninsured population in Jamaica.

Past Statistics:

Life Insurance (2016-2017)
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General Insurance (2014-2015)
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Claims Payout (2012-2013)
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General Insurance (2014-2015)
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Statistics on The Insurance Sector.

The insurance industry in Jamaica is one of the largest in the Caribbean. In 2017, Jamaica’s insurance sector had over 795 Sales Representatives in Life Insurance servicing among 6 life insurance companies. In 2017, Jamaica’s insurance sector had over 500 Sales Representatives in General Insurance servicing among 10 general insurance companies. Learn More >

Industry Statistics

MOTOR INSURANCE

PROPERTY INSURANCE

HEALTH INSURANCE

RETIREMENT INSURANCE

1210, 2021

Trinidad and Tobago land sale ensues as CL Financial finally wound up

FOLLOWING the August 2020 judgement over disputed matters between liquidators and shareholders of Trinidad and Tobago-based CL Financial, a company which was once the largest financial conglomerate in the Caribbean, property belonging to the company is now being placed on

1210, 2021

WiPay Jamaica bringing more digital money options to the populace

WIPAY Jamaica is bringing in more digital money options, with the latest option being an untransferable, unique QR code identifier embedded with digital fiat (digital money).

WiPay, the Caribbean’s leading fintech company, has unveiled this new digital payment option with the

1210, 2021

Ways to live within your means

Today we are inviting you to test your level of creativity by finding new ways to live within your means and save more. Here are a few tips from us.

1. Kill pride and laziness and make a budget. As boring

1210, 2021

Cayman-based Briat Insurance acquired by global broker Gallagher

Global insurance broker Arthur J Gallagher & Company recently acquired Briat Insurance Limited, another brokerage firm based in Grand Cayman.

Though the details of the transaction were not disclosed, Gallagher, in pushing its aggressive mergers and acquisitions (M&A) strategy, said that