Did You Know?

Insurance Regulation in Jamaica, exercised by the Financial Services Commission, is an example of globalization, in that the level of control and reporting is to first-world standards.

 

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General Insurance

General Insurance

AIB is registered under the Insurance Act 2001 to write the following classes of Insurance:

- Ordinary Long Term Insurance
- Property Insurance
- Pecuniary Loss Insurance
- Motor Vehicle Insurance
- Marine, Aviation and Transport Insurance
- Industrial Life
- Sickness & Health Insurance
- Accident Insurance
- Liability Insurance

Employee Benefits - Personal Accident Medical/Dental/Pension/Group Life Schemes.

We also handle personal lines such as Residential risks.

Selecting Insurance companies and negotiating contracts require knowledge of local and overseas markets, current underwriting practices, and pricing structures. Our people are continually involved in the Insurance market-place, and with relevant data in mind, AIB professionals prepare Insurance companies' submissions and negotiate on clients' behalf. Once coverage has been prepared and delivered, the client's programme is monitored to ensure that it remains up-to-date.