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Early 1963 Trinidad and Tobago Insurance Limited (TATIL) was established at the Port of Spain, handling fire, marine, motor and accident insurance. [7] Five years later several companies were merged to become Alston Marketing Co. Limited (AMCO).
The Banking, Insurance and General Workers Union (BIGWU) is a trade union in Trinidad and Tobago. It was formed out of a merger between the Bank and General Workers Union and the Bank Employees' Union. The two prior Unions were both formed in 1974.
Guardian Holdings Limited started in 1847 when Standard Life of Edinburgh, Scotland entered the market and started a branch office in Trinidad. [1] Over time, Standard Life of Edinburgh closed operations and merged its Trinidad and Tobago portfolio with the portfolio of Jamaica Mutual Life Assurance Society on the 15th November, 1972.
Location of Trinidad and Tobago. Trinidad and Tobago, officially the Republic of Trinidad and Tobago, is a twin island country situated off the northern edge of the South American mainland, 11 kilometres (6.8 miles) off the coast of northeastern Venezuela and 130 kilometres (81 miles) south of Grenada.
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InvesTT is Trinidad and Tobago's national investment promotion agency, aligned with the Ministry of Trade and Industry. It focuses on the attraction of foreign direct investment in the country’s key non-energy sectors: Innovative computer technology; Logistics and distribution; Maritime services; Electricity intensive manufacturing and assembly
Marine insurance traditionally formed the majority of business underwritten at Lloyd's. Nowadays, Marine insurance is often grouped with Aviation and Transit (cargo) risks, and in this form is known by the acronym 'MAT'. It is common for marine insurance agencies to compete with the offerings provided by local insurers.
Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.