Spectrum Insurance Brokers Ltd. - Kingston, Jamaica

Spectrum Insurance Broker Limited was established to provide insurance and risk management services primarily to commercial, manufacturing and the services industries. However, over time we took advantage of the growing niche market of group packages or schemes for motor insurances, including employees involved in the bauxite and banking industries, public utilities, members of the Jamaica Civil Service Association and other Public Sector employees.

In recent years, we have refocused our strategy to achieve a more balanced portfolio mix between corporate and personal line clients, and have been upgrading our operational, technical and human resources to meet the resulting challenges and opportunities. Presently, our corporate clientele includes one of the two local Radio & TV Stations;  

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Hotels, Construction, Manufacturing and Distribution risks, among others. In addition to general insurance services, Spectrum also operates a division which provides the full range of Life and Employee Benefit insurance plans for employees of these and other firms.

In terms of distribution channels, we have an office in Mandeville which we intend to expand into a full branch operation to serve clients in Manchester and neighboring parishes, while our main office in Kingston provides full island wide reach. Our key personnel have a combined experience in excess of 200 years in the insurance industry. We have contractual agreements with all General and Life insurance companies operating locally, as well as access to Lloyds’ of London and the wider International Insurance and Reinsurance markets via a network of correspondent Lloyd’s brokers.

Like all general insurance brokers operating in Jamaica, we are regulated by the FSC which exercises active supervision and oversight of our operations to ensure that only persons deemed to be fit and proper, including directors, are allowed to perform any important role in the firm, and that we are in compliance with all requirements under the regulations, including adequate Errors & Omissions insurance.