Insurance and Pensions
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Domestic Insurance and Pensions
Insurance, and Pensions in St. Vincent and the Grenadines
St. Vincent and the Grenadines boasts a robust and diverse financial sector, encompassing a wide range of insurance providers, pension plans, and related financial services.
The Financial Services Authority (FSA) oversees and regulates these entities, ensuring stability and compliance within the industry.
Overview
The insurance landscape is particularly comprehensive, featuring both local and regional, including motor and general insurance providers, long-term insurance companies, insurance agents, brokers, and adjusters.
This diverse ecosystem caters to various insurance needs, from property and vehicle coverage to life and health insurance. Additionally, the country hosts a significant number of registered pension plans, reflecting a strong commitment to retirement security for employees across various sectors.
The Public is hereby informed that the following companies and individuals are licensed with the Financial Services Authority to conduct insurance business in St. Vincent and the Grenadines for the period January 1 to December 31, 2026
List of Insurance Companies, Intermediaries and Pension Fund Plans Operating in St. Vincent and the Grenadines
| Pension Plans | Pension Plans (Continued) |
|---|---|
| Central Water and Sewerage Authority Staff Pension Plan | Bank of St. Vincent & the Grenadines Staff Pension Plan |
| RBTT Caribbean Pension Fund Plan | St. Vincent & the Grenadines Port Authority Pension Fund Plan |
| British American Insurance Company Limited Employee's Pension Plan | Haydock Insurance Ltd. Pension Fund Plan |
| Eastern Caribbean Flour Mills Limited Defined Contribution Pension Plan | Colonial Life Insurance Company (T'dad) Ltd. For Employees in Barbados and EC Territories Pension Plan |
| First Caribbean International Bank Limited Retirement Plan | St. Vincent Electricity Services Ltd Pension Plan |
| SOL Investment & Associated & Related Corporation Defined Contribution Plan | |
| C.K Greaves & Co. Ltd. Pension Plan | |
| Cable & Wireless International Retirement Benefit Plan |
| Motor & General Insurance Companies |
|---|
| Caribbean Alliance Insurance Company Limited |
| CG United Insurance Limited - formerly Massy United Insurance Ltd |
| Consumer's Guarantee Insurance Company Ltd. ("CGI") - formerly Sun General Insurance Inc. |
| GK Insurance Eastern Caribbean Limited |
| GTM Fire Insurance Company Limited |
| Guardian General Insurance Limited |
| Gulf Insurance Limited |
| M & C General Insurance Company Ltd. |
| Metrocint General Insurance Company Limited |
| St. Hill Insurance Company Limited |
| St. Vincent Insurances Ltd. |
| The Beacon Insurance Company Limited |
| West Indian Insurances Ltd. T/A Sentry |
| Long Term Insurance Companies |
|---|
| CUNA Caribbean Insurance OECS Limited |
| Demerara Mutual Life Assurance Society Limited |
| GK Life Insurance Eastern Caribbean Limited |
| GTM Life Insurance Company Limited |
| Guardian Life of the Caribbean Limited |
| Pan American Life Insurance Company of the Eastern Caribbean Ltd. |
| Sagicor Life (Eastern Caribbean) Inc. |
Insurance Agents
| Agent | Insurance Company Represented |
|---|---|
| Metrolife Agency Inc. | Pan-American Life Insurance Company of the Eastern Caribbean Ltd. |
| Barnard's 1999 Limited | CG United Insurance Limited - Formerly Massy United Insurance Ltd. |
| United Agencies Ltd. | CG United Insurance Limited - Formerly Massy United Insurance Ltd. |
| Grenadines Associates Ltd. | St. Vincent Insurances Ltd. |
| Coreas Hazells Inc. | M & C General Insurance Company Ltd. |
| Incorporated Agencies Ltd. | Sagicor Life (Eastern Caribbean) Inc. |
| S.V. Browne Agency Ltd. | Sagicor Life (Eastern Caribbean) Inc. |
| KPK Jacobs Limited | Sagicor Life (Eastern Caribbean) Inc. |
| Ask Enterprise Limited | Sagicor Life (Eastern Caribbean) Inc. |
| RCBacchus Incorporated | Sagicor Life (Eastern Caribbean) Inc. |
| Republic Bank (EC) Limited | Island Heritage Insurance Company Ltd. |
| Republic Bank (EC) Limited | GK Life Insurance Eastern Caribbean Limited |
| BMC Agencies Ltd. | The Beacon Insurance Company Limited |
| St. Vincent Building and Loan Association | Guardian Life of the Caribbean Limited |
| St. Vincent Building and Loan Association | Guardian General Insurance Limited |
| W.A.D Agencies Ltd. | Guardian General Insurance Limited |
| Priority Insurance Ltd. | GK Insurance Eastern Caribbean Limited |
| NTgrate Insurance Agent & Risk Solution Inc. | Consumer's Guarantee Insurance Company Ltd. ("CGI") |
Insurance Brokers
| Insurance Broker |
|---|
| The Insurance Brokers Limited |
| Mustique Insurance Brokers Limited |
| Gallagher Insurance Brokers (St. Vincent) Ltd. |
| Adams Insurance Brokers St. Vincent Ltd. |
| Risk Consultant and Insurance Brokers Limited |
| Lynch Caribbean Brokers (SVG) Ltd. |
| A.M. Insurance Brokers Limited |
Association Of Underwriters
| Association |
|---|
| Lloyd's of London |
Insurance Adjuster
| Adjuster |
|---|
| Brent M. Phillip |
| The Islands Claims Consultancy Associates Inc. |
| Griffith Glasgow |
| MRG Inc. |
International Insurance Companies
| Company | Class |
|---|---|
| Pavilion Life Insurance Company | Class II |
| Rochester Indemnity Insurance Company Ltd | Class II |
International Insurance Intermediaries
| Intermediary | Type |
|---|---|
| John Barnard (Manager for: Pavilion Life Insurance Company) | Insurance Manager |
| LFV International Aviation Brokers Limited | Insurance Broker |
Insurance Sales Representatives
| Sagicor Life (Eastern Caribbean) Ltd. | Pan American Life Insurance Company of the Eastern Caribbean Ltd. |
|---|---|
| Neadia Providence | Desiree N. Richards |
| De-Anne Sealey - Thomas | Frank E. George |
| Zoiesha Henry-McTair | Mark Charles |
| Ferrand C. Walters | Hollis A. Trotman |
| Desra Robinson-Glasgow | Henry A. Richards |
| Romann Andrews | Raymond A. Trimmingham |
| Monique Bailey - Warrican | Alford C. Collis |
| Racquel Williams-Millington | |
| Ian Haynes | |
| Romano Welcome | |
| Gilbert S. Porter | |
| Lucia Rose | |
| Trichel Allen | |
| Sunil P. Smith | |
| Alicia M. Pilgrim | |
| Regisha D. Hazell | |
| Terry L. Dowers |
| Demerara Mutual Life Assurance Society | G.T.M Life Insurance Company Limited |
|---|---|
| Jennifer J. Benn - St. Hillaire | Kareem Harry |
| Donamie Providence | Ellon Sandy |
| Nigel M. Rodney | Desree Lavia-Adams |
| Wendy Jacobs | Michael Edwards |
| Roxanne M. King-Cumberbatch | |
| Niesha Gaymes-Williams | |
| Nakeisha Hooper | |
| Neka T. Anthony | |
| Evangia Octavia A. Ralph - Gordon | |
| Berisford Phillips | |
| Shemeica K. Cumberbatch | |
| Nickula McDowall-John | |
| Venise Adams - Holder | |
| Basiymah A. Muhammad | |
| Khallelah Charles-Akers | |
| Patricia Isaacs | |
| Brandon Charles | |
| Patrice Hannaway | |
| Sharalene Rodgers |
| CG United Insurance Ltd. | West Indian Insurances Ltd. |
|---|---|
| Tamara Brackin | Jason Sargeant |
| Shana K. Wilson | Veronica Johnson |
| Jasmin A. Bacchus - Pereira | Augustin S. Ledger |
| Patricia M. Pereira DeFreitas | Noel Campbell |
| Karen Da Santos | Noel L. Bacchus |
| Vickeich N. Charles | Richard Branch |
| Lindon Best | Bertille Dasilva |
| Delisa Bess | Jorge V. Dasilva |
| Linron O. John | Denise E. Andrews |
| Latiesha Lavis |
| St. Vincent Insurances Ltd. | M&C General Insurance Company Ltd. |
|---|---|
| Jennifer Benn-St. Hillarie | Phillip E. Cambridge |
| Donamie Providence | |
| Neisha Williams |
| Metrocint General Insurance Co. Ltd. | Gulf Insurance |
|---|---|
| Solana Gooding | Ferrand C. Walters |
| Alford Collis | Ellon Sandy |
| Raymond Trimmingham | Desree Lavia-Adams |
| Henry A. Richards | Kareem Jamelson Handel Harry |
| Angus O. Martin | Collin D. Cambridge |
| Mark Charles | |
| Hassan J. Archibald | |
| Michael M. Edwards | |
| Garth L. Oliver |
Fees Payable to the FSA
Insurance Application, Annual License and Other Fees (XCD)
| Fee Type | Long-Term Insurance Business | General Insurance Business | Long-Term & General Insurance Business |
|---|---|---|---|
| Application Fee | $1,500 | $1,500 | $1,500 |
| Annual License Fee | $5,000 | $5,000 | $5,000 |
| Inspection of Document Fee | $50 | $50 | $50 |
Insurance Application, Annual License and Other Fees (XCD)
| Fee Type | Long-Term Insurance Business | General Insurance Business | Long-Term & General Insurance Business |
|---|---|---|---|
| Application Fee | $1,500 | $1,500 | $1,500 |
| Annual License Fee | $5,000 | $5,000 | $5,000 |
| Inspection of Document Fee | $50 | $50 | $50 |
Insurance Intermediaries Application, Annual License and Other Fees (XCD)
| Category of Intermediary | Application Fee | Annual License Fee | Reinstatement Fee | Inspection of Document Fee |
|---|---|---|---|---|
| Insurance Brokers | $1,500 | $1,000 | $1,500 | $50 |
| Insurance Agents | $1,500 | $750 | $1,500 | $50 |
| Insurance Adjuster | $1,500 | $750 | $1,500 | $50 |
| Sales Representatives | $100 | $100 | $1,500 | $50 |