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GK Insurance seeks new ground in car insurance market via internet

GK Insurance seeks new ground in car insurance market via internet

Targeting primarily the motor vehicle market, GK Insurance (GKI) — a subsidiary of the GraceKennedy group — has introduced a “design your own coverage” plan combined with online purchase. Group CEO Don Wehby explained on Monday that the subsidiary is seeking to break new ground, “giving the market the power to create their own coverage based on their needs and desired spend”. The company is eyeing ...[Read More]

Insuring Home Content Key To Protection

Insuring Home Content Key To Protection

Losing the entire contents of your home would mean starting over from scratch. It is therefore recommended that individuals, especially persons living in rented properties, cover themselves for unexpected events like a burglary or a fire. Content insurance covers loss or damage to all the items in your home which are not part of the structure or the building, so you can replace and repair them wit ...[Read More]

GK Insurance upgrades service

GK Insurance upgrades service

GK General Insurance Company Limited launched GKGOnline on July 31 at the CRU Bar, Lady Musgrave Road, St Andrew, allowing customers — new and old — to access automobile insurance via the Internet. “We developed this online portal for everyone seeking car insurance in a convenient manner,” Ramona Eubank, assistant manger — GKGOnline, told Auto. By accessing the websit ...[Read More]

JIIC no longer – rebranded GKGI mulls Caribbean markets

JIIC no longer – rebranded GKGI mulls Caribbean markets

THE recently rebranded GraceKennedy General Insurance Company Limited (GKGI) is looking to expand its footprint into Caribbean markets. GK’s Group CEO Don Wehby told the Jamaica Observer during the rebranding of the GK-owned Jamaica International Insurance Company (JIIC) to GKGI last Friday, that the process is now active and will see the company mulling eight Caribbean countries with focus ...[Read More]

JIIC rebrands to GK General Insurance

JIIC rebrands to GK General Insurance

KINGSTON, Jamaica — Jamaica International Insurance Company (JIIC) has rebranded its operations to GK General Insurance Company. The 34-year-old GraceKennedy owned company says the closer alignment will be beneficial to GK general customer, who will see a suite of products and services rolled out following the rebranding. Group CEO of GraceKennedy Limited Don Wehby stated that after acquiring Nati ...[Read More]

Microinsurance to boost GK General Insurance’s revenue

Microinsurance to boost GK General Insurance’s revenue

Don Wehby reckons that microinsurance will grow to 20 per cent of Grace Kennedy General Insurance Company (GK General Insurance) revenue over time. The CEO of GraceKennedy figures that the US$40 million premium income for the insurance subsidiary stands to benefit from the large number of uninsured persons who can access the lower insurance premiums under the three main products — Bill Prote ...[Read More]

JIIC refurbishes Salvation Army School in Rae Town

JIIC refurbishes Salvation Army School in Rae Town

EDUCATION Minister Ronald Thwaites has given the charge for corporate Jamaica to become involved in the development of early childhood education. Grace Kennedy General Insurance Company (GK General Insurance), an insurance company from GraceKennedy, supported the improvement of the early childhood programme of the Salvation Army. It was refreshing to see members of the GK General Insurance team le ...[Read More]

JIIC Bounces Back

JIIC Bounces Back

Bouncing back from a loss, Grace Kennedy General Insurance Company (GK General Insurance) has reported underwriting profit of $43 million at yearend December 2011. GK General Insurance made an underwriting loss of J$154 million in 2010, and was punished by rating agency A.M. Best which revised its outlook for GK General Insurance to negative from stable last September. The company, however, was cr ...[Read More]

JIIC Helping To Build Jamaica Through The Arts

JIIC Helping To Build Jamaica Through The Arts

George Lois, American designer and author, once said creativity can solve almost any problem. Through the process of innovation, the mind opens up to change and anything becomes possible. A well-rounded individual is believed to be one that can thrive in a variety of disciplines, arts included. To ignore the arts and not reward creativity would be doing a dis-service to personal development and, b ...[Read More]