MGI (Insurance Brokers) Ltd (MGIB) was founded on the 26th February 1986 as a wholly owned subsidiary of the Maritime & Shipping Group of Companies. Conducting business in prior years as a Personal Lines brokerage, however, following a shareholding reorganization in December 2007, MGIB has evolved into a brokerage offering extremely personalized and specialist insurance services to Commercial entities. In recent years our portfolio has grown by our ability to carve out a distinct niche for ourselves mainly through the acquisition of private corporate accounts. We also offer Employee Benefits and Personal lines business with an emphasis on insuring high-end homes and vehicles.
Our in depth knowledge of the coverage afforded by the many insurance companies with whom we work closely and the industries we service, serves to provide a competitive advantage to our clients who can rest assured that their insurances are arranged to respond whenever the need arises.
We are set apart by the hands on approach taken with each of our clients. At MGIB we partner with our clientele to ensure that each insurance program is tailored to the Company’s specific needs. By this we mean, learning the details of your business intimately and translating the information into insurance terminology to create a program that is not just industry specific, but personalized for your business. We understand that no two companies are the same. We continually strive to meet the individual needs of each insured, considering this the nexus of our core values.
MGIB also specializes in arranging the full spectrum of insurance for Commercial- real & personal assets to Employee Benefits- people resources. Our clients are comprised of a large cross section of industries: Manufacturing, Engineering, Hotel & Tourism, Financial Institutions and Retailing to name a few.
v Homeowners Comprehensive Private Dwellings – Building &/or Contents
v Comprehensive Motor Insurance
v Group Health & Life
v Group Personal Accident
The team at MGIB has the experience to thoroughly assess your insurance requirements and provide comprehensive coverage options at the most competitive terms. Through our close relationships with our network of insurers–both local insurance carriers and international partners in the Caribbean, London & USA, we are able to provide our clients with world class offerings.
As an insurance intermediary, MGIB also collaborates with other brokers sharing our experience to coordinate coverage with brokers who may not be as familiar with the specific components of certain specialty policies.