Advantage General Insurance Company Limited has a rich history in the Insurance Industry. Its former owners formed the company in 1964 and it later became known as United General Insurance Company Limited in 1986 recording phenomenal growth – moving from a gross annual premium of $10 million in that year to over $3 billion today.

AIC's significant investment in April 2006 resulted in the acquisition of over 80% of the organization and is a continuing demonstration of Chairman's, Mr. Michael Lee-Chin's, unquestionable passion for and commitment to this country.

Under the unwavering guidance of the formidable Board of Directors (Robert Almeida, John Bell, Dennis Cohen, Aubyn Hill, Shamena Khan, Donovan Lewis, and David Williams), Advantage General has taken an aggressive posture to improving operating results, restoring profitability while managing exposure and meeting all regulatory standards. Today, Advantage General Insurance Company has a customer base of over 80,000 policyholders.

This achievement is one of pride to Advantage General Insurance Company Limited as the company is the market leader commanding over 17% of gross premium in a high competitive market of 12 players.

Advantage General has, for the first time since the advent of the Financial Services Commission, met and even surpassed the regulatory solvency standard.  In addition the company has reduced the over half billion dollars in losses for 2005 to a profit of $23m for 2006 (before accounting for the recent redundancy exercise).

The backbone of success has been the strong partnerships with premier reinsurers, intermediaries, staff and the many loyal customers who continue to believe in Advantage General; we are even more committed to surpassing the expectations of our customers through consistently living our Core Values of Integrity, Accountability and Love. 

At Advantage General, 'OUR RELIABILITY IS YOUR PEACE OF MIND'.

July 2007