Special Advisory: General Accident Insurance Company Jamaica Limited (GENAC)

April 17, 2020

General Accident Insurance Company Jamaica Limited (GENAC) has advised that the Financial Services Commission of Barbados has issued General Accident Insurance Company (Barbados) Limited (“General Accident Barbados”) a license to operate as a registered Class 2 Insurer in Barbados. General Accident Barbados is a subsidiary of GENAC which owns an 80% share of the entity. Barbadian consortium BCDL Holdings Limited whose shareholders include current and former executives of Williams Industries and Williams Caribbean Capital own the remaining 20%.

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