Last Updated on February 11, 2020, 11:53 AM AST by Anthony Morris
Employment cuts in Sagicor General an insurance giant Barbados and St. Lucia seemed impending Monday as the organization reported that it will experience a restructuring procedure.
In an announcement, president and CEO Keston Howell said the choice was taken after a key audit of the organization’s tasks.
On the destiny of the staff in the two nations, he stated: “We truly esteem the commitments of our group and will guarantee that the affected colleagues get the vital direction and backing to help them through this procedure.”
He proposed the rebuilding was a gesture to a “ultra-serious market” in which the firm tried to “improve client encounter and convey unrivaled worth”.
Sagicor General endorses auto, home, travel and business protection.
“The organization is centered around the conveyance of uncommon support of its customers and is constantly inspecting tasks to improve efficiencies,” the announcement included.
The news comes as Sagicor, the heritage of the Barbados Mutual Life Assurance Society approaches its 180th commemoration. It works in Antigua, Bahamas, Barbados, Dominica, St Lucia and Trinidad and Tobago.
Anthony Morris covers stories related to politics and regional developments. His in-depth reporting about governance and reforms makes him stand out in regional journalism, with a deep analysis of political trends and their impact on Caribbean communities.
