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PROPERTY

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RETIREMENT

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IAJ President Peter Levy, an-experienced insurance professional, who is also the Managing Director of British Caribbean Insurance Company(BCIC).

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IAJ Feature

Jamaicans Under Insured for PROPERTY INSURANCE

There has been continuous concern about the fact that Jamaicans are under insured where property insurance is concerned. In fact, IAJ figures show that only approximately 20 % of Jamaica’s Residential Properties are insured.

Mark Wignall on the Nationwide Radio programme ON TARGET recently did an interview with IAJ President Peter Levy, an-experienced insurance professional, who is also the Managing Director of British Caribbean Insurance Company(BCIC). Mark Wignall posed a number of relevant questions to the IAJ President. Click on Soundtrack and Listen.

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Jamaica’s largest banking conglomerate NCB Financial Group believes it has found the right formula for its digital wallet as a market disruptor that won’t end up cannibalising its own business. The wallet known as Lynk offers mostly free payment services that at times compete against the bank to which it

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IAJ YEARBOOK 2017

Reflections on INSURANCE in YEAR 2017

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 Download and Read More.

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IAJ Promotes Best Practices in
The Insurance Industry.

The IAJ provides avenues for addressing common concerns and encourage sound industry practices and ethical conduct of members while promoting the best interests of the insuring public.

IAJ is The Voice of The Insurance Industry.

The IAJ is committed to supporting the growth and development of the insurance industry to the benefit of Jamaicans and the economy as a whole by providing quality support services to members through:

Stay Informed, Join the Conversation

IAJ stands ready to engage everyone promoting insurance literacy among the Jamaican consumers through our various platforms including but not limited to our Website, Social Media, Email and Events.

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