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Profile on The Insurance Company of the West
Indies Limited (ICWI)

The origin of The Insurance Company of the West Indies (ICWI), dates back to 1953 when its founder, Dennis Lalor, was employed to Lister Mair (Insurance) Ltd., agent for The Contingency Insurance Co. Ltd., a U.K. based general insurer. Mr. Lalor later acquired the agency after the death of its principal Lister Mair in 1953. This led to the establishment of Dennis Lalor (Insurance) Ltd., and later grew into The Insurance Company of the West Indies Limited (ICWI), the first fully Jamaican-owned general insurance company with offices located at 51 Duke Street, Kingston.

At the official launching ceremony for ICWI on May 21, 1969, the then Minister of Trade & Industry, Robert Lightbourne described the company’s advent as “a milestone in Jamaican insurance history, for the objective is not only to serve Jamaicans at home, but Jamaicans abroad.”

From the very first day of operation with an initial authorized shareholding of _250,000 ICWI has consistently recorded increases in assets as well as in premium income and has consistently presented itself as a customer-oriented company which speaks the language and understands the needs of the Jamaican people.

In 1975, to accommodate its growth, ICWI moved from Duke Street to the newly completed ICWI Building in New Kingston at 2 St. Lucia Avenue, Kingston 5. With business interests in Cayman, Trinidad and the Bahamas, and alliances in Europe and North America, we are proud of our many achievements, most of which have been “firsts” in the Jamaican insurance arena.

Today we continue to strive towards excellence, steered by a strong management team and supported by a highly trained support staff. ICWI’s strength today bears testimony to its Mission Statement: -

“. . .to be the leading General Insurance Company in the Caribbean and Central America, providing the highest levels of service, good employment opportunities and optimum profitability”.

ICWI, where . . . serving you is all we do.


Email ICWI: Moreen Marks; mmarks@icwi.net

Visit ICWI's website: www.icwi.net

 

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