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

3101, 2018

Go sell your goats and buy stocks – FosRich boss tells staff

Cecil Foster, CEO of FosRich Company Ltd with his members of staff, who are also sisters: Kerry-Ann Gray (right), marketing manager at FosRich and Wendy-Ann Gray, FosRich customer service representative. (Photo: Garfield Robinson)

Cecil Foster, CEO of FosRich,

3101, 2018

Pinnacle targets rapid growth for 2018, while opening MoBay branch

Chief executive officer of Pinnacle Insurance Brokers, Mark Neita (right), explains plans to build a second office in Montego Bay by June. Looking on is Manager Norman Laing. (Photo: Michael Gordon)

Pinnacle Insurance Brokers plans on expanding its

3101, 2018

Port industrial park ready to roll – Project tackles warehousing first; investment partners to be sought for other phases

Construction of a modern warehouse constituting the first of a multiphase development of an industrial park by Port Authority of Jamaica is to begin by March at a cost of US$25.8 million ($3.2 billion).

Vice-president for business development at the Port

3001, 2018

World Bank approves US$15m loan to boost access to finance

The World Bank board today approved a US$15 million loan to improve access to finance for micro, small, and medium enterprises in Jamaica.

Access to finance is one of the main bottlenecks for firms, and small and medium businesses play a