Company profile
Insurance Commission of The Bahamas
An independent regulatory agency with responsibility for regulating all insurance activity in and through The Bahamas
- Industry
- Insurance
- Employees
- 76
- Headquarters
- Nassau, New Providence
- Founded
- 2009
- LinkedIn followers
- 4,053
- Office locations
- 1
Insurance Commission of The Bahamas company summary
Insurance Commission of The Bahamas is a company in the Insurance industry, headquartered in Nassau, New Providence, founded in 2009. On LinkedIn the company has around 76 employees and 4,053 followers.
What technology does Insurance Commission of The Bahamas use?
No technologies detected yet. Warmrank rechecks company websites on a rolling basis.
About Insurance Commission of The Bahamas
Insurance Commission of The Bahamas was established on July 2, 2009, under The Insurance Act 2005, Chapter 347, and is responsible for the regulation and control of all insurers and intermediaries. In its role as both the prudential and market conduct regulator, its purpose is to ensure a sound and stable insurance marketplace and consumer confidence in the insurance industry. The mandate of the Commission includes: •Administration of the 2005 Insurance Act and the 2009 External Insurance Act •Insurance market surveillance •Promotion and encouragement of sound and prudent insurance management and business practices •Advice to the Minister of Finance on insurance matters •Compliance with Financial Transactions Reporting Act and Anti- Money Laundering legislation Mission Statement Our mission is to protect the interests of stakeholders, through effective regulation and supervision of the insurance industry in The Bahamas. Vision Statement To ensure consumer confidence. Core Values & Beliefs • Trust is Our Cornerstone. • Integrity, Our Commitment. • Accountability, Our Promise Purpose To strengthen the protection given to policyholders under the existing act; to increase the capital and solvency requirements of insurance companies; to expand the existing regulatory framework; to provide for the establishment of a supervisory authority; to include the regulating of all insurance intermediaries; and to give effect to matters related thereto.
Where is Insurance Commission of The Bahamas located?
Insurance Commission of The Bahamas lists 1 location.
Compare companies similar to Insurance Commission of The Bahamas
More companies in Insurance.
| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
Insurance Commission of The Bahamas icb.gov.bs | Insurance | 76 | 2009 | Nassau, New Providence |
 Bradesco Seguros bradescoseguros.com.br | Insurance | 10,312 | - | São Paulo, SP |
 AXA axa.com | Insurance | 149,270 | - | Paris, FR |
 Porto porto.vc | Insurance | 24,417 | 1945 | Sao Paulo, SP |
 Mapfre mapfre.com | Insurance | 39,181 | - | Majadahonda, Community of Madrid |
 Zurich Insurance zurich.com | Insurance | 49,067 | - | Zurich, Zurich |
 MetLife metlife.com | Insurance | 44,964 | - | New York, NY |
 AIG aig.com | Insurance | 27,637 | - | New York, NY |
 Marsh Risk marsh.com | Insurance | 23,480 | - | New York, New York |
 Harris Rothenberg International humana.com | Insurance | 48,587 | - | Louisville, Kentucky |
 SulAmérica sulamerica.com.br | Insurance | 7,701 | 1895 | São Paulo, São Paulo |
Frequently asked questions about Insurance Commission of The Bahamas
What does Insurance Commission of The Bahamas do?
Insurance Commission of The Bahamas was established on July 2, 2009, under The Insurance Act 2005, Chapter 347, and is responsible for the regulation and control of all insurers and intermediaries. In its role as both the prudential and market conduct regulator, its purpose is to ensure a sound and stable insurance marketplace and consumer confidence in the insurance industry. The mandate of the Commission includes: •Administration of the 2005 Insurance Act and the 2009 External Insurance Act •Insurance market surveillance •Promotion and encouragement of sound and prudent insurance management and business practices •Advice to the Minister of Finance on insurance matters •Compliance with Financial Transactions Reporting Act and Anti- Money Laundering legislation Mission Statement Our mission is to protect the interests of stakeholders, through effective regulation and supervision of the insurance industry in The Bahamas. Vision Statement To ensure consumer confidence. Core Values & Beliefs • Trust is Our Cornerstone. • Integrity, Our Commitment. • Accountability, Our Promise Purpose To strengthen the protection given to policyholders under the existing act; to increase the capital and solvency requirements of insurance companies; to expand the existing regulatory framework; to provide for the establishment of a supervisory authority; to include the regulating of all insurance intermediaries; and to give effect to matters related thereto.
How many employees does Insurance Commission of The Bahamas have?
Insurance Commission of The Bahamas has around 76 employees on LinkedIn.
Where is Insurance Commission of The Bahamas headquartered?
Insurance Commission of The Bahamas is headquartered in Nassau, New Providence.
When was Insurance Commission of The Bahamas founded?
Insurance Commission of The Bahamas was founded in 2009.
Build a lead list from companies like Insurance Commission of The Bahamas
Describe your ICP or import a CSV. Warmrank finds matching companies, enriches contacts with verified emails, and tracks every lead.