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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Latest News
Barbados rolls out new forex platform
The Central Bank of Barbados, CBB, has introduced a foreign exchange platform that allows a person to apply for funds to be remitted abroad. The new system, CBB Forex Online, is designed to “create a more efficient exchange controls platform that allows the bank to better monitor trends and minimise
Life, motor insurance claims jump
Insurance Association of Jamaica (IAJ) is reporting a significant increase in claims on life insurance policies for the first nine months of 2021, when compared to the corresponding periods in 2020. According to the IAJ, “Death Claims on individual life policies for the period January to September 2021 were up
DEATH OF MICHAEL A. FRASER, OD, JP;, CLU, CHAIRMAN OF JAMAICA MEDICAL FOUNDATION
DEATH OF MICHAEL A. FRASER, OD, JP, CLU CHAIRMAN OF THE JAMAICA MEDICAL FOUNDATION Members of the Insurance Association of Jamaica (IAJ) and the Jamaica Medical Foundation (JMF)  an outreach arm of the Insurance Industry, are saddened by the passing of Michael A. Fraser, on January 8, 2022.  Age 79
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:
