Hashtag: #CGInsurance
Colonial Offers Additional Help To Taxi Operators
Colonial Insurance said they have “stepped up its help for taxi drivers who are struggling due to Covid-19 by offering further cuts in insurance costs.” “We’ve seen how Covid-19 has affected tourism and, as a result, taxi drivers are seeing a big drop in their business,” said Naz Farrow, Colonial’s Chief Executive Officer. “When... Read more of this article
Colonial Offices To Close On Monday
Colonial’s offices on Reid Street will close temporarily on Monday due to TS Paulette, which is forecast to be a hurricane when it passes Bermuda. Richard Espinet, Colonial’s COO of Property and Casualty said: “Tropical Storm Paulette is approaching Bermuda. Our offices will be temporarily closed on Monday, September 14, and will reopen when it... Read more of this article
Colonial Offers 15% Discount To Taxi Owners
Colonial Insurance will be offering a 15% discount to taxi owners on their annual premiums if they renew their policy before October 1st, 2020, with the company noting that they wanted to support taxi owners “because they have been so hard hit by the pandemic’s impact on the tourism industry.” A spokesperson said, “In the face of... Read more of this article
Colonial To Assist Clients With Pension Refund
Colonial Pensions Services will be “assisting existing pension plans and/or local retirement product members” in their application for a “temporary refund of their pension funds.” A spokesperson said, “In response to the Covid-19 pandemic and the National Pension Scheme [Occupational Pensions] Act 1998, Colonial Pensions... Read more of this article
Colonial Medical Defers Health Plan Renewals
Colonial Medical Insurance said they “will defer client health plan renewals to October 1st in light of the ‘unprecedented’ challenges to businesses caused by the Coronavirus pandemic.” “As a result, there will be no increases to Colonial health insurance premiums during the deferral period,” the company said. Colonial said... Read more of this article
Colonial To Cover Covid-19 Antibody Testing
“Clients of Colonial Medical Insurance Company will be covered for Covid-19 antibody testing following an agreement with Helix Genetic and Scientific Solutions Ltd. of Hamilton,” the company announced. A Colonial spokesperson said, “The agreement, which will be operated as a pilot programme through June 30, will provide insurance cover... Read more of this article
Colonial Close Offices, Staff To Work From Home
Due to the ongoing Covid-19 pandemic, Colonial Group International will close its offices at the close of business today, and transfer all employees to a remote working model, and they will continue to service clients. A spokesperson said, “In response to the novel coronavirus [Covid-19], Colonial Group International [CGI] will close its offices... Read more of this article
Colonial Group To Close Office To Walk-Ins
Colonial Group International will close its offices on Monday [March 23] for walk-in business but will continue to service clients without any disruptions. CGI CEO Naz Farrow said: “It is clear that in Bermuda as well as the rest of the world we are facing an unprecedented challenge. At Colonial we are concerned and focused on doing what we can to... Read more of this article
Colonial Invites Applications For Internships
Following the success of its pilot programme, one of the Island’s leading insurance companies is seeking applications for a second intake of internships this year. Last year Colonial Group International welcomed 12 students, aged 17 to,21, for its inaugural internship programme. “We were delighted with the ability and attitude of our interns from... Read more of this article
Photos: Colonial Valentine’s Day Tea Party
More than 100 seniors enjoyed a Valentine’s Day tea party organised as a big ‘thank-you’ from one of the Island’s biggest pension providers. Colonial Group International invited seniors with a pension with the firm to the Bermuda Underwater Exploration Institute which was decorated with hearts and flowers. CGI CEO Naz Farrow told the seniors:... Read more of this article
Colonial To Sponsor Annual CME Conference
Medical professionals and members of the public are invited to take part in the Annual CME Conference, focusing on medicine for a new decade. Colonial Group International sponsors this event every year, and the physicians and health professional’s seminar will take place at the Hamilton Princess, on Saturday January 25. It is being hosted by the Bermuda... Read more of this article
AM Best Affirms Ratings Of Colonial Group
The financial strength of Bermuda-based Colonial Group International has been recognized by AM Best rating agency, the independent global credit rating agency. Colonial’s Financial Strength Rating of ‘A’ was affirmed after Best’s annual review concluded the group maintained ‘excellent ability to meet its ongoing insurance obligations.’ The... Read more of this article
