The president is usually elected to serve for a two-year period, but Sharp, who switched jobs last year - from running Scotia Jamaica Life Insurance Organization to become chief monetary officer of the parent company, Scotia Group Jamaica Restricted - resigned in the publish.

The IAJ is known as the voice of the insurance business, coming out of a merger in 2005 between the Jamaica Association of General Insurance Businesses and also the Existence Insurance Businesses Association of Jamaica.

growth and improvement

The presidency from the IAJ alternates between the two sectors.

The president from the IAJ is supported by two vice-presidents - a single representing life, and also the other representing the general business - since it carries out its mandate to help the growth and development from the insurance business by lobbying on issues that have an effect on the industry, encourages ethical conduct among members, and offers information for decision creating, too as avenues for addressing concerns.

At its annual common meeting held on April 14, Lalor, the president of the Insurance Organization of the West Indies, who also previously held the publish of vice-president of common insurance, was voted into the top publish.

vice-presidents

Richard Byles, president and chief executive officer of Sagicor Life Jamaica, continues to serve as vice-president for existence and wellness, while Karen Bhoorasingh, common manager of West Indies Alliance Insurance coverage Organization Limited, was elected vice-president with oversight of general insurance coverage.

Eric Hosin, president of Guardian Existence Restricted, has also been additional to the board of directors. Hosin was appointed president of Guardian Life after the departure of Earl Moore final 12 months.

A single board position in the life sector, vacated by Sharp, is still to become filled.

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