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From left: Managing Director, Michael Tomlin and Chairman, John Rocheford, both of CGM Gallagher and President, Edward Bushell and Executive Manager, Elsa Webster, both of the Barbados Association of Retired Professionals (BARP) at the press conference to launch the BARP Golden Homes Group Homeowners Insurance Plan at CGM headquarters.

CGM Gallagher has introduced a value added homeowners insurance plan for members of the Barbados Association of Retired Persons (BARP).

Speaking at the press conference to launch the BARP Golden Homes Group Homeowners Insurance Plan on Wednesday at CGM headquarters, Managing Director at CGM Gallagher, Michael Tomlin said that a lot of research went into the development of this plan.

¡°Yes it is competitive premiums, but a big part of our CGM Gallagher ways is looking at premiums, but also value added. So we spent a lot of time looking at our policy wordings so we compared all the insurance policy wordings for homeowners across Barbados and came up with our own customized wording specifically for BARP members.¡±

He stated that as a result a variety of things would be covered under this insurance plan, which not only includes new aspects, but also the things that are usually covered under such a plan such as protection from hurricanes and earthquakes.

¡°So this included higher liability limits which then is standard in a policy; we included lower deductibles which is standard in most homeowner¡¯s policies and it included a lot of extras such as luggage and contents. So if your luggage was stolen when traveling, we have coverage for that. We have coverage for pet insurance. We have a lower average clause than a standard homeowner¡¯s policy and of coarse it has the core coverages such as hurricane, earthquake, fire etc.¡±

Tomlin added that they have also partnered with Brydens Insurance and Sagicor in order to ensure that they are presenting the best possible plan for BARP members.

¡°We also made sure that we had very strong security. So we Brydens Insurance and also, Sagicor that are very strong financially and also have a have a rating of AM best rating of A minus so that holds very strong for any BARP member and then finally, we have a lot of other extras such as 24 hour claim support. So if there is a claim, we have a number where you can call to get help on it. In addition we have up to ten months payment plans and then finally, we would be able to issue the policy wording very, very quickly, within a couple of days.


AJG Barbados BARP Ad Portrait - 201015 - HI RES

There is no doubt that the economic situation has affected every Barbadian household. More so it has substantially decreased the spending power of BARP members, especially pensioners who already live on a limited budget.

As the membership of BARP grows, the Association continues to partner with Corporate Barbados in an effort to lower the cost of living of its 40,000 plus members.

BARP's partnership with CGM Gallagher in launching the Golden Homes Group Homeowners Insurance Plan, affirms its position that home insurance is an absolute necessity in reducing the vulnerability of its members. This home insurance plan will offer security regarding one of their most valued assets and is underwitten by A.M. Best A Rated insurers who has been operating for several years across the Caribbean.

Under the Golden Home Group Homeowners Insurance Plan, BARP members can insure any residential property including condominiums, town houses, villas, apartment blocks and individual homes. Construction can be of wood, concrete or a combination of both. They may also insure their contents, even if renting. Buildings and contents are covered against a range of events including flood, hurricane, earthquake and related perils.

The plan provides cover for loss of rent/alternative accommodation, accidental damage to building and contents, public liability, personal liability and employers' liability. All these are covered at limits that offer more benefits.

BARP Members also benefit from flexible payment options, lower deductibles and more savings on their curent insurance plan.

To join the programme, BARP members must be in good financial standing. For further information, contact CGM Gallagher, 434-2200/434-2282 or BARP, 228-7554.


Saundra Bailey (fifth left), chief operating officer of CGM Gallagher Jamaica presents Kayon (second right) and her father Alva Brown (right) with the keys to their new home. Sharing in the moment are (from left) Marsha Burrell, development and marketing manager at Food For The Poor; Donna Evelyn, CG Gallagher Jamaica HR administrator; Marion Wizzard-Marriott, marketing specialist and Mureen Thomas, managing director.

Eighty-two-year-old Alva Brown sat with a smile on his face and watched as Food For The Poor (FFP) workers constructed his new home in Steer Town, St Ann. After years of living in a badly deteriorated house the elderly man and his daughter Kayon were happy to finally have a comfortable dwelling.

CGM Gallagher Insurance Brokers is proud to have been awarded the ACCA Approved Employer status for our commitment to providing learning and development opportunities to our finance staff.

The award is given to employers who provide learning opportunities for ACCA members in support of their Continuing Professional Development (CPD).

Granting of this status to CGMG ensures that our employees with ACCA membership who participate in our development scheme automatically meet ACCA's CPD requirements.

The Group also attained the “Trainee Development – Gold” accolade with ACCA –allowing our employees studying for the ACCA to utilise their on-the-job training to achieve their ACCA designation as Chartered Accountants at a faster pace.

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