Nagico CEO awards top producers, unveils 2020 vision

POSTED: 06/15/11 1:26 PM

St. Maarten – NAGICO Insurances held its annual Agents’ Awards Dinner and Dance on Saturday last at the Westin Dawn Beach Resort and Spa. The event was attended by NAGICO’s agents, brokers,  key managers and officers from across the Caribbean including British Virgin Islands, Anguilla, Antigua, St. Kitts and Nevis, Dominica, Montserrat, St. Lucia, Aruba, Bonaire, Curacao, French and Dutch St. Maarten, Trinidad and Guyana.

“The primary purpose of the Agents Awards Ceremony is to recognize NAGICO’s top insurance sales producers for General, Life and health products for the previous business year. This includes recognition of the best NAGICO Branch Office, which NAGICO Dominica Branch has won for a second time. The event also serves as a platform for the CEO of the NAGICO Group of Companies to not only congratulate the top producers but to also give an overview of achievements against set plans, and to highlight future plans for the company as a whole. It can be considered the Academy Awards, with a NAGICO twist,” Marketing Officer Jimmy Challenger said.

The top producers were given their recognition awards by CEO Imran McSood Amjad, who was assisted by executives and managers. Bronze, silver, gold and diamond category producers were recognized and reflected an overall active and positive production throughout the “NAGICO islands”.

The recipient of the Most Outstanding Agent Award for the NAGICO Group of Companies was Century Insurances – NAGICO Insurances of British Virgin Islands. Most Improved Agent for NAGICO Ltd and NAGICO N.V. were awarded to FAIRPLAY Insurance Agency of Anguilla and Rivers Enterprises of St. Eustatius respectively. Agents of the year were Century Insurances of the British Virgin Islands and Henderson Insurances of St. Maarten. The latter was also the recipient of the Top Producer NAGICO Life Award for a second consecutive term.

Amjad also revealed his 2020 vision, a set of goals that the company should achieve by the year 2020. The vision includes continued education programs for employees in the various fields of the insurance industry, and the appointment of at least 20 qualified professionals by the end of 2020. The plan also includes projected productivity levels for the respective islands and venturing into new business markets such as St. Lucia, Trinidad, Guyana, the Bahamas, Grenada, and the French Islands.

By 2020, the CEO said NAGICO must be operating in 20 territories in the region and look forward to presenting at least 20 diamond awards. He was emphatic that by 2020 NAGICO should be the largest general insurance company in the English speaking Caribbean.

“We have recently restructured the company’s Executive Management responsibilities in such a way that each Executive Director will be in charge of a Center of Excellence (COE), with a responsibility to ensure that the islands under their management function optimally. From operations, to customer service, the Executive Director must ensure that goals set are met in the best interest of our customers, agents, brokers and employees alike.  The appointed Executives will also maintain our commitment to give our agents and brokers the necessary support and tools to ensure that they are able to represent NAGICO in their respective jurisdictions to the best of their ability, without second guessing our pledge to support them,” McSood Amjad said.


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