Insurance Management (Bahamas) Ltd is pleased to do business with only first class insurers and these include:
Summit Insurance Company Ltd
Summit has an impeccable 15 year history of success and claims payment, having paid over $100m in hurricane claims alone($60m Hurricane Frances - 2004). They have produced consistent bottom-line profits, even in years of multiple hurricanes, thanks to conservative management and reinsurance policies. The reinsurance program is placed with world class reinsurers, all of whom are rated at least A-. These include Munich Re, Swiss Re and various underwriters at Lloyds.
Insurance Management (Bahamas) Ltd are proud to be the exclusive Agents of Summit Insurance Co. Ltd
Website: www.summitbahamas.com
N.E.M. (West Indies) Insurance Company Ltd
(known as NEMWIL)
With a history dating back to 1927 the company is now 100% subsidiary of Guardian General Insurance Limited. Based in Trinidad and Tobago NEMWIL operates in 13 territories throughout the Caribbean.
NEMWIL's strength and reputation in the region is unquestionable and is reflected in the company achieving and maintaining an AM Best "A" Excellent rating for the past 10 years.
Security & General Insurance Company Ltd
Security & General are the Bahamian subsidiary of CGI (Colonial Group International). CGI manage in the region of $250 Million premium income and around 300,000 employee benefits transactions each year. CGI is a subsidiary of Gibbons Group Bermuda, owners of CapG Bank and Deposit Company (reserves $500 Million). The company is based at Jardine House, Hamilton, Bermuda and operates four strategic business units (SBUs) for Property & Casualty Insurance, Health Insurance, Life Assurance and Investments and Group Pensions (occupational pension plans).
Colonial Group International is rated A- by A.M.Best.
In association with London based insurance brokers we have the ability to place specialist insurances in the international market. These facilities are generally used when the local market does not have the capacity or facilities to handle such risks. The companies we use all have first class security.
