Jamaica’s Marathon Insurance Brokers has been declared “Caribbean Insurance Broker of the Year” for 2016. The award was made on Thursday, May 19 at a glittering presentation ceremony at Miami’s Ritz Carlton South Beach Resort in Florida. It was the crowning event of a two-day International Insurance Conference for the Latin America and Caribbean Region organized by Reactions — the prestigious London-based Re-Insurance Magazine. Reactions is a leading source for news, analysis and data on the global insurance industry, reinsurance and risk transfer.

Marathon’s triumph at the awards ceremony was attributed to “teamwork and the company’s strong focus on innovative solutions — especially commercial risk” according to C.E.O. Keisha-Ann Burgher. “We’re absolutely delighted by the win — for us the hard work is paying off”.

According to Ms. Burgher, the selection process is quite rigorous and is based on very specific criteria: “Nominations are submitted by the insurer / reinsurer community. The magazine’s selection panel then looks at a number of factors — including the nominees’ technical capacity, the size and complexity of the accounts being managed and the growth of the broker measured by premium income.”

Other Caribbean winners included — Guardian Puerto Rico — which was declared “Caribbean Insurer of the Year”. In the Reinsurance category, Everest Re Group Ltd. was named “Caribbean Reinsurer of the Year” while Alwen Hough Johnson Ltd. was declared “Caribbean Reinsurance Broker of the Year”.

Now in it’s 5th year, Reactions’ annual Latin American and Caribbean Insurance Conference has become a major forum allowing industry players to make contacts, discuss industry opportunities, strategies, solutions, technologies as well as challenges.

Marathon Insurance Brokers is one of Jamaica’s largest Insurance Brokers with offices in Kingston, Montego Bay, Portmore and Savanna-La-Mar. Its experience spans some 20 years and covers all major sectors of the Jamaican economy — from industry and agriculture; from financial services and manufacturing to mining, transportation and distribution.

Marathon’s offers both traditional and non-traditional insurance classes — from motor, liability, marine and property to cyber risks and terrorism.