CORPORATE HISTORY & PROFILE

Gallagher Caribbean Group is the largest and one of the oldest insurance brokers in the English-speaking Caribbean.  With more than 50 years experience in developing and administering insurance programs for clients across the region, the Gallagher Caribbean Group has solidified its position in the market by matching world-class risk management solutions with technical support via experienced insurance professionals. 

“Brokers to the Caribbean”

The Group is one of the Caribbean’s first true regional insurance brokers with offices in Antigua, Barbados, Cayman, Dominica, Grenada, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines and Trinidad and Tobago.  In addition, the Group is licenced in Anguilla and are associated with correspondents in Aruba, Bonaire, Curacao, Guyana, Haiti and Surinam. As traditional brokers, Gallagher Caribbean Group has full access to the local, regional and international markets. 

History

Gallagher was first established in Jamaica as International Insurance Brokers (IIB) as a partnership between the ICD Group, Bank of Nova Scotia and Hogg Robinson & Gardner Mountain Ltd. (Lloyds Brokers). The original Eastern Caribbean Company (CGM Insurance Brokers Barbados Ltd) was established in 1980 from the Willis Agency in Barbados.

In 2007 Arthur J. Gallagher & Co (AJG) purchased 38.5% of the CGM Group and the entity was renamed the CGM Gallagher Group Limited.  AJG is among the top 4 largest brokers in the world with over 50,000 employees. AJG is headquartered in Chicago and is quoted on the NYSE. With operations in 151 countries AJG offers client-service capabilities around the world through a network of correspondent brokers and consultants.  Our partnership with AJG has allowed us greater access to international markets for the benefit of our client partners.

In 2012, AJG became the official shareholders as they increased their holding in the Caribbean, bringing us the access and ability to world class facilities and has supported the business during the pandemic.

People

Spread across the Caribbean, the Group has physical offices and people in 10 territories. Our clients have on the ground access to staff and service. Many of our brokers and account managers are long standing employees and many have been with the Group in excess of 25 years and hold professional qualifications and designations from institutions including The Chartered Insurance Institute in London (ACII), The Institutes for Chartered Property Casualty Underwriters (CPCU) and the Insurance Institute of Canada