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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]