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

1902, 2019

SAGICOR SIGMA RUN 2019

After much planning, organisers of the 21st staging of the Sagicor Sigma Corporate Run can turn to celebration having surpassed their targets for the number of participants and donations yesterday.

The annual event, dubbed the Caribbean’s largest road race, continued to

1902, 2019

Yaneek Page | Keeping consumer data private

ADVISORY COLUMN: BUSINESSWISE

The Businesswise column titled “Bank Customer Feels Naked and Exposed” published February 3, 2019, triggered a flood of responses from members or the public who fear being stripped of their right to privacy by the catch-all nature of

1902, 2019

Cedric Stephens | Elevating the insurance consumer

ADVISORY COLUMN: INSURANCE HELPLINE

The staff in the Financial Services Commission’s insurance division and its leaders earned applause last week.

They have started a process to modernise the ways in which the $107 billion insurance industry that they regulate transacts business with

1902, 2019

IronRock misses targets but optimistic after turnaround in 2018

For the financial year ending December 2018, IronRock Insurance – the newest entrant in a market of nine operating companies – generated a profit of $811,000.

By itself that number would be unimpressive. But within its proper context – it marks