Archive for October 2023
GenAc JSE Graduation Listing Makes History
Kingston, Jamaica: General Accident Insurance Company Jamaica Limited (GenAc), a stalwart in the Jamaican insurance industry, celebrated a significant milestone on Friday, September 29th, 2003 as it graduated its listed ordinary shares from the Junior Market to the Main Market of the Jamaica Stock Exchange (JSE). This is a remarkable achievement for GenAc, signifying…
Read MoreAutoSmart Sponsors Treasure Beach Football Club for JPL Debut
$3 million sponsorship will support club’s first season in the top tier Kingston, Jamaica: – AutoSmart, a leading car insurance company underwritten by General Accident (GenAc), will sponsor the Treasure Beach Football Club (TBFC) for its first season in the Jamaica Premiere League (JPL), the highest level of professional club football in Jamaica. The…
Read MoreGlobal re-insurers warm to doing business with region as prices pick up
Global re-insurers which provided backing for local insurance companies, appear to be more open to doing business with the region compared with 2022. President of the Insurance Association of Jamaica Sharon Donaldson says the increases experienced in the cost of insurance have brought prices to a level with which these re-insurers are satisfied. “I think…
Read MoreHow To Write an Effective Accident Report
How To Write an Effective Accident Report How do you write an accident report? In Jamaica, promptly reporting a motor vehicle accident is a legal obligation and essential for insurance claims: Stop and secure the scene. Ensure the safety of all parties and, if possible, move vehicles to prevent further incidents. Collect information, such as…
Read MoreGeneral Accident reports improved results for first six months of 2023
General Accident Insurance Company registered improved results for the first six months of 2023. Managing Director of General Accident Sharon Donaldson reported that, as at June this year, the company’s insurance revenue increased by 36 per cent. She said two main factors influenced the increased profitability. Listen to the audio below for her report. Sharon…
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