Jamaica will be the host to the International Conference on Inclusive Insurance (ICII) scheduled to take place 24 th  to the 28 th  of October 2022 at the Jamaica Pegasus Hotel. The hybrid Conference is being hosted by the Insurance Association of Jamaica in partnership with the Munich Re Foundation and the Microinsurance Network. It will attract over 400 international delegates from over 50 countries.

President of the Insurance Association of Jamaica, (IAJ) Sharon Donaldson stated that it is the first time in 20 years that the conference is being held in the Caribbean and Jamaica is extremely proud to be the host country.

The conference will provide a platform for stakeholders to present and discuss issues, policies, and state-of-the-art solutions for efficient, sustainable, and inclusive insurance products; and promote the development and proliferation of good-value insurance for emerging economies. It also aims to enhance awareness of the demand for insurance in the low-income segment and its potential.

According to Donaldson many countries have large informal sectors which face a range of challenges, including the death of a breadwinner, precarious traditional livelihoods, compromised food security and damage to homes and infrastructure due to the climate crisis. Also citing the devastating effects of the COVID-19 pandemic, which has affected children’s education and caused many small businesses to close their doors, she said “many low-income groups are often unaware of steps they can take to protect themselves financially. The insurance industry has a critical role to play to provide innovative insurance and financial products and education geared to these groups” she said.

Dirk Reinhard, Vice Chair, Munich Re Foundation and Chairman of the Steering Committee of the ICII 2022 said that risk management including insurance plays a key role to achieve the Sustainable Development Goals.

“Recent floods, droughts and wildfires have shown that climate change threatens the livelihood of billions of people that do not have access to affordable safety nets. Small island states are particularly vulnerable which is why we are very honored that IAJ is hosting this year’s International Conference on Inclusive Insurance in Jamaica and for the first time in the Caribbean. How to reach scale in small countries will be among the key topics that will be discussed at this conference,” Reinhard stated.

Katharine Pulvermacher, Executive Director of the Microinsurance Network, said: “Insurance has the potential to make a significant and enduring contribution to public policy goals and to closing the global people protection gap. Only a tiny fraction of emerging customers and small-scale producers around the world have insurance of any kind, even for smaller, more frequent risks that can have a devastating effect on their economic well-being. This presents a clear opportunity for the insurance sector – one that we conservatively estimate to be worth at least USD 66 billion per year, increasing as the resilience of the people and producers insured flourishes over time. We are delighted to partner again with the Munich Re Foundation and the Insurance Association of Jamaica for this impactful event to support the development of sustainable, inclusive insurance.”

Apart from insurance industry representatives, business persons, development partners, multilateral agencies, technology companies, academia, other policy experts and media are also encouraged to attend.

About Munich Re Foundation
The Munich Re Foundation based in Germany uses their knowledge of risk for the service of humanity. Their main aim is to prepare people to cope with risk and to improve their living conditions.

About the Microinsurance Network 
The Microinsurance Network is the global multi-stakeholder platform for professionals and organisations that are committed to making insurance inclusive. Membership-based, we bring together diverse stakeholders from across the value chain who share our vision of a world where people of all income levels are more resilient and less vulnerable to daily and catastrophic risks. We encourage peer-to-peer exchange and learning, facilitate the generation of knowledge and research, and act as advocates, promoting the role that effective risk management tools, including insurance, play in supporting the broader development agenda.

BUSINESSUITE Magazine’s  ranking of Jamaica’s leading businesswomen provides a unique opportunity to secure an insight into the professional lives and activity of some of the most interesting and inspiring women in Jamaica’s private sector today.

How we pick the Power 50

What qualities can adequately describe a woman of power and influence on a national level? She is often described as ambitious, driven, determined, creative, a confident leader and a risk-taker. She allows her passions to order her steps, her gifts and her talents to become her own personal calling card.

Powerful and influential women are thriving in their business lives across Jamaica and so the move by the BUSINESSUITE editorial team to select, based on the format created by FORTUNE magazine editors, the 50 most powerful and influential women was truly a daunting task.

As stated, the selection process for the BUSINESSUITE list of the ’50 Most Powerful and Influential Business Women’ is based on a general format created and used by the editorial team of FORTUNE Magazine. This includes:

1. The general size (Revenue, Profitability and Human Resource) and importance of the woman’s company in the Jamaican economy;
2. The health and direction of the company;
3. The arc of the woman’s career and;
4. Societal and cultural influence of the business as informed by key industry insiders and published information

It must however be noted that since BUSINESSUITE Magazine is not privy to the financial statements of some of the companies mentioned, this was not heavily factored into our final listing and placements. Readers are therefore invited to debate and discuss the names and placement of individuals.

They aren’t just successful executives, entrepreneurs, or administrators who are admired and respected within their own organisations, they are the voices that are heard across the industries in which their companies operate, even across corporate Jamaica as a whole.

The Presentation Event – October 2022
The awards will be given to 50 women business leaders who have achieved strong results in their respective fields. This will be the 1st edition of Businessuite Magazine’s Most Powerful Women Awards, to be held in October 2022. Details to come.

The awards are aimed at honouring remarkable Jamaican women who have made outstanding contributions to their organisations and set new standards of administration and performance across corporate Jamaica and the economy.

We will also be seeking to recognise and identifying Rising Stars and Women Abroad.

The Special Edition – October 2022
The event felicitates the most powerful women in Jamaican business and salutes the spirit of successful business women with a special issue of Businessuite Magazine ‘Most Powerful Women in Business” Jamaica Edition. Details to come

See also

The Top 40 Most Powerful and Influential Women in Jamaican Business for 2016.

Businessuite Power 50 Women in Jamaican Business for 2013

Businessuite Power 50 Women in Jamaican Business for 2012

Businessuite Magazine December 2014 Digital Edition

BUSINESSUITE Magazine October 2012 Digital Issue

Tourism stakeholders converged at the Montego Bay Convention Centre in St. James on Thursday (March 31), for the industry’s seventh annual speed networking event.

The engagement was hosted by the Tourism Linkages Network (TLN), in collaboration with the Jamaica Hotel and Tourist Association (JHTA), Jamaica Manufacturers and Exporters Association (JMEA), Jamaica Promotions Corporation (JAMPRO), Rural Agricultural Development Authority (RADA), and Jamaica Business Development Corporation (JBDC).

It attracted approximately 50 tourism entities and over 90 buyers, seeking to take advantage of networking opportunities.

Minister of Tourism, Hon. Edmund Bartlett, in his address during the opening ceremony, said the participating buyers and sellers were important, as they form a critical component of the industry’s consumption patterns.

Mr. Bartlett, who noted that the consumption pattern was boundless, said it requires corresponding production outflows.

“The production side must be as strong and effective to meet the demand side,” he stated.

Mr. Bartlett further underscored the need for a “new and exciting” industry production process.

“I think we have to look at how to create something of a supply logistics centre that is not only going to drive production, but also provide [the] ability for us to respond to the demand which is in the rest of the Caribbean,” he said.

This, the Minister added, “because they are all suffering from the same shortages that we are [experiencing].”

“They are [experiencing] the same effect of the disruption in the supply chain; but Jamaica has become that centre for response to them,” Mr. Bartlett stated.

The speed networking event featured a series of 15-minute pre-scheduled meetings between managing directors, general managers, and chief executive officers of local supplier companies of products and services, and owners and managers of properties, restaurants, attractions, and other tourism entities.
Source JIS

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PERSONALITY

Marketing Personality of the Year
Producer of the year – TV Commercial
Producer of the year – Radio Commercial
Media Personality of the Year – TV
Media Personality of the Year – Radio
Media Personality of the Year – Online
Public Relations Personality of the Year
Sales Personality of the Year
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Best Director of the year – TV Commercial

Advertising Agency of the Year for 2022

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Special Categories

Caribbean Peer Awards Brand Master
The Peer Awards Brand Master is an Individual or Corporation who has clearly and without question demonstrated an ability to conceive and launch brands successfully and profitably, that have stood either or both, the test of time and competition.

Break Out Brand of the year.
Breakout Brands are brands born and from the Caribbean region that now have a major impact and presence on markets outside of the region and designated international brands. One (1) of these brands and the individuals/corporations responsible for their success will be honoured and designated Caribbean Peer Awards Breakout Brand for 2022.

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