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Profile on Dyoll Insurance Company Limited (DYOLL)

Dyoll Insurance Company, Limited, the largest subsidiary of Dyoll Group Limited, is one of Jamaica’s leading insurance companies, grossing premium revenues in the year 2000 of J$819 million.

Dyoll offers the full range of property, liability, motor and marine insurance coverage and policies are marketed through its own Customer Service Department, agents and brokers island-wide, with the lion’s share of its business being dealt with directly out of its Knutsford Boulevard offices in Kingston.

Dyoll is well known for being proactive in the general insurance industry and as a member of the Jamaica Association of General Insurance Companies, has strongly supported the lobby for the new Insurance Bill which calls for changes in reporting and performance measurement. This, the company believes, will enhance the industry’s ability to have a level and well regulated playing field.

Dyoll had its beginnings in the early 1940s as a small broking firm, Dyoll Limited, which placed business at Lloyd’s in London through Pickford, Watson & Dawson. Its steady growth and development coincided with Jamaica’s attainment of independence in 1962, at which time it was decided that the environment was right for the formation of a full Jamaican company.

Dyoll Insurance Company, Limited emerged on January 1, 1965 and soon became a 100% owned Jamaican organization.On April 1, 1978, Dyoll acquired the Jamaica Cooperative Fire and General Company Limited, the oldest general insurance company in the island at that time, thus solidifying its position in the local general insurance market.

The company places great emphasis on research, development and the introduction of new products and services that will make general insurance affordable and available to all who need it. Dyoll Blue is one such product that will be introduced to the market in July, 2002.

As of Monday, July 1, 2002, Dyoll Insurance Company entered a new phase of development as the baton of leadership was passed to new Chief Executive Officer, Stephen Thwaites who brings over 13 years of experience in the General Insurance Industry to the position.

40-46 Knutsford Blvd., Kingston 5, Tel:968-2776-83
Email DYOLL: Steven Thwaites;

 

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