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Accelerate national health insurance scheme — Insurance Association

By |2020-07-15T13:31:21+00:00July 15th, 2020|news|

Given the ballooning cost for health care in Jamaica especially since the novel coronavirus pandemic, the Insurance Association of Jamaica (IAJ) is calling on the Government to accelerate the national health insurance scheme. The much-talked-about national health insurance scheme for Jamaica has been on the mind of successive Administrations but only since the health financing [...]

Sagicor Life sees 400% increase in use of digital insurance portals

By |2020-07-15T13:28:12+00:00July 15th, 2020|news|

Sagicor Life Jamaica is reporting a significant increase on its specialised digital portals as more of its clients pivot towards online transactions. The company, which last year launched eLife for the purchasing of life insurance policies, said it had seen a 400 per cent increase in the use of the platform since the start of [...]

COVID did something good

By |2020-07-15T13:24:36+00:00July 15th, 2020|news|

If COVID did us any good itis that it forced us to live and work the digital life. The office is no longer the only place to deliver a full day's work. Flexible work suddenly became a reality six years after legislation allowed for employers to engage with their employees on virtual working arrangements. Companies [...]

LNG supplier sources cheaper gas to feed Jamaica

By |2020-07-15T13:21:09+00:00July 15th, 2020|news|

New Fortress Energy, the sole natural gas supplier to Jamaica, announced in July that it would buy gas on the open market after terminating a deal to buy more expensive gas contracts, but it is not clear whether it will result in cheaper light bills for local consumers. The New York-based company, with operations mainly [...]

Sagicor Foundation supports project to buy tablets for early childhood schools

By |2020-07-14T13:44:51+00:00July 14th, 2020|news|

Marie Dowdie (left), assistant branch manager, Sagicor Bank Jamaica Liguanea Branch, hands over a symbolic cheque to 11-year-old Imani-Leigh Hall, founder of the ILAH's Lemon- Aid Stand for Kids Foundation, during a visit to the branch last Wednesday. The fund donation will support an initiative organised by the ILAH's Lemon-Aid Stand for Kids Foundation to [...]

Sagicor Financial Corporation and Scotia Life TT distribution deal discontinued

By |2020-07-14T00:22:45+00:00July 14th, 2020|news|

Sagicor Financial Corporation (SFC) and Scotia Life Trinidad and Tobago have mutually agreed to discontinue their 20-year distribution deal, which expired on June 30. The original deal brokered by SCF in November 2018 would have resulted in the financial holding company acquiring the Jamaican and Trinidad insurance operations of Scotiabank. Both deals involved SFC, the [...]

JMMB shares ‘ABC’ plan to help individuals get set for life

By |2020-07-13T20:18:58+00:00July 13th, 2020|news|

Being set for life, when you retire from your job, or the daily ‘grind’, is easier than you think, if you apply the ABC plan shared by Camille Steer, corporate manager, fund services, at JMMB Fund Managers, during a recent episode of the JMMB Goal Getter Live (webinar) series. Steer, outlined the components of the [...]

IMF warns cutting spending too soon could derail recovery

By |2020-07-13T03:57:42+00:00July 13th, 2020|news|

WASHINGTON, United States (AFP) — As governments rushed out funding to prevent an economic collapse amid the novel coronavirus pandemic, global public debt swelled to the highest in history, but the International Monetary Fund (IMF) warned Friday that cutting back too soon could undermine the recovery. Continuing to provide the support as the economic slowdown [...]

Sagicor Financial Corporation and Scotia Life TT distribution deal discontinued

By |2020-07-13T03:54:31+00:00July 13th, 2020|news|

Sagicor Financial Corporation (SFC) and Scotia Life Trinidad and Tobago have mutually agreed to discontinue their 20-year distribution deal, which expired on June 30. The original deal brokered by SCF in November 2018 would have resulted in the financial holding company acquiring the Jamaican and Trinidad insurance operations of Scotiabank. Both deals involved SFC, the [...]

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