DEATH OF MICHAEL A. FRASER, OD, JP, CLU

CHAIRMAN OF THE JAMAICA MEDICAL FOUNDATION

Members of the Insurance Association of Jamaica (IAJ) and the Jamaica Medical Foundation (JMF) an outreach arm of the Insurance Industry, are saddened by the passing of Michael A. Fraser, on January 8, 2022. Age 79 Years.

His very outstanding Insurance industry Career includes:

Executive Vice President of Sagicor Life,
President of Sagicor Life of the Cayman Islands.
Managing Director of Sagicor Insurance Brokers
President & CEO of Island Life Insurance Company
President of The Life Insurance Companies Association which combined with JAGIC to form IAJ.
President of the Jamaica Association of Insurance and Financial Advisors (JAIFA).
Chairman of the Jamaica Medical Foundation
Member of the Hall of Fame of the Caribbean Association of Insurance and Financial Advisors (CARAIFA)
And much more

He was an exemplary gentleman whose influence had positive effects on numerous lives.

Deepest condolences to his dear family, friends, business associates and all others who had the pleasure of interacting with this wonderful human being.

May his soul rest in peace.

IAJ 2021 CHRISTMAS TREAT AT CHIN LOY’S BASIC SCHOOL

IAJ held its Annual Christmas Treat for the children at Chin Loys Basic School in Tivoli Gardens on December 9, 2021

Included in the IAJ Team were ,Rosemarie Henry, IAJ’s Vice President-Life, Orville Johnson, IAJ’s Executive Director and Jessica Dair Knight, Executive Secretary. Principal of the School Veronica Sewell Morgan along with teachers from the school all joined in the excitement generated by the children as they were presented with toys from the IAJ

IAJ 2021 YEARBOOK

IAJ 2021 YEARBOOK featuring several interesting and informative articles including the Jamaican Insurance Industry’s Life and General Insurance 2020 Statistics.

Click below for YEARBOOK

IAJ YEARBGOOK 2021 UPDATED NOVEMBER 20 REAL

.

Latest News

Pump prices touch new record

IAJ2022-01-10T22:23:05+00:00January 10th, 2022|0 Comments

Petrol prices are at new record highs after rising for a second-straight week this week. Petrojam, the State-owned oil refinery which announces prices each Wednesday, said it will hike the cost of both 87 and [...]

22 to watch in ’22

IAJ2022-01-10T22:18:30+00:00January 10th, 2022|0 Comments

THE new year is here and as we move forward into it, the Jamaica Observer has compiled a list of 22 businesses to watch in 2022. Some are publicly held entities, others are private, but [...]

Economic recovery begins in T&T

IAJ2022-01-10T22:13:27+00:00January 10th, 2022|0 Comments

The Central Bank of Trinidad and Tobago (CBTT) said business operations are starting to recover following the gradual opening of the economy since the third quarter of 2021. In its Monetary Policy statement, the CBTT [...]

$22.5-b Christmas spend

IAJ2022-01-10T22:10:19+00:00January 10th, 2022|0 Comments

The Bank of Jamaica (BOJ) issued $12 billion in net currency during the last 10 working days of December 2021. The currency issued during the period contributed to an overall growth of $22.5 billion or [...]

Barbados rolls out new forex platform

IAJ2022-01-10T22:05:09+00:00January 10th, 2022|0 Comments

The Central Bank of Barbados, CBB, has introduced a foreign exchange platform that allows a person to apply for funds to be remitted abroad. The new system, CBB Forex Online, is designed to “create a [...]

Life, motor insurance claims jump

IAJ2022-01-10T21:59:11+00:00January 10th, 2022|0 Comments

Insurance Association of Jamaica (IAJ) is reporting a significant increase in claims on life insurance policies for the first nine months of 2021, when compared to the corresponding periods in 2020. According to the IAJ, [...]