+1 (242) 326-3100 info@icbbahamas.com

Corporate Information

Corporate Background and Financial Statements
The Insurance Company of The Bahamas Limited celebrated its 20th full year of operations at the end of 2016. The Company has now matured into one of the leading general insurance companies in The Bahamas. There is no doubt that a major factor in our progress has been the success of our exclusive agency arrangement with our partners J.S. Johnson & Company Limited. Working with a single underwriting agent has enabled us to simplify our systems and minimize our administration costs. More importantly, however, the management of both companies has been able to develop a common understanding of the dynamics of our businesses and our marketplace.

At ICB we aim to deliver the two main benefits that customers expect from their insurance provider, namely: Quality Service and Financial Security. Regarding service, our partner J.S. Johnson & Company is one of the oldest and most established underwriting agencies in the Bahamas boasting a cadre of qualified and seasoned professionals within their ranks. As to Security, ICB works closely with its reinsurance broker to ensure that the Company’s balance sheet is well protected. Our customers can rest assured that we have a very conservative reinsurance programme supported by some of the strongest reinsurers around the globe.

Our Board

CHAIRMAN
Marvin V. Bethell, MBE, FCII

CHAIRMAN: EXECUTIVE COMMITTEE
Alister I. McKellar, FCII

CHAIRMAN: AUDIT COMMITTEE
Wayne J. Aranha, CA

DIRECTORS
Thomas F. Hackett
Terry L. Wilcox
Basil S. Christie, MBE, ACII

GENERAL MANAGER
Tom Duff, ACII

SECRETARY
Gloria J. Forbes

HEAD OFFICE

33 Collins Avenue
P. O. Box N-8320
Nassau, Bahamas

REGISTERED OFFICE

McKinney, Bancroft & Hughes
Mareva House
4 George Street
P. O. Box N-3937
Nassau, Bahamas

AUDITORS

Ernst & Young
One Montague Place
East Bay Street
P.O. Box N-3231
Nassau, Bahamas

EXCLUSIVE AGENT

J. S. Johnson & Company Ltd.
34 Collins Avenue
P. O. Box N-8337
Nassau, Bahamas