Special Advisory: GraceKennedy Limited (GK)

May 08, 2019

GK and the Musson Group have officially announced a partnership that will see the two companies collaborating to enter the group health and life insurance market under the name Canopy Insurance Limited. Don Wehby is the Chairman of the new entity, while both GK and Musson will split Board seats and ownership of the venture equally.

GK has also advised that the new venture recently received successful registration from the Financial Services Commission, as an Ordinary Long Term (OLT) Insurance company. While Canopy eventually plans to offer a full suite of group insurance products, its core focus will primarily be group health.

For further details, please visit www.jamstockex.com

 

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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