Spectrum Insurance Brokers Limited has been established in 1982 with considerable shareholding by the Neal & Massey Group. 13 years later, we became a locally owned company in Jamaica after the shares were bought by a local group of investors.
Goals & Objectives
We set the industry standards high by providing quality insurance and risk management services to a variety of sectors. These sectors primarily range from commercial, manufacturing to service industries. Over time, we have developed into one of the largest brokers for personal lines insurance in the local industry.
Spectrum Insurance Brokers Limited began operating in its own right in February of 1982 with substantial shareholding by the Neal & Massey Group. In 1993 Spectrum became a fully, locally owned company after the Neal & Massey shares were acquired by a group of local investors.
Spectrum was established to provide insurance and risk management services primarily to commercial, manufacturing and the services industries. However, over time we took advantage of the growing niche market of group packages or schemes for motor insurances, including employees involved in the bauxite and banking industries, public utilities, members of the Jamaica Civil Service Association and other Public Sector employees. Spectrum quickly developed into one of the largest brokers for Personal Lines insurance in the local industry.
In recent years, we have refocused our strategy to achieve a more balanced portfolio mix between corporate and personal lines clients, and have been upgrading our operational, technical and human resources to meet the resulting challenges and opportunities. Presently, our corporate clientele includes one of the two local Radio & TV Stations; Hotels, Construction, Manufacturing and Distribution risks, among others. In addition to general insurance services, Spectrum also operates a Division which provides the full range of Life and Employee Benefits insurance plans for employees of these and other firms.
In terms of distribution channels, we have an office in Mandeville which we intend to expand into a full branch operation to serve clients in Manchester and neighboring parishes, while our main office in Kingston provides full island wide reach. Our key personnel have a combined experience in excess of 200 years in the insurance industry. We have contractual agreements with all General and Life insurance companies operating locally, as well as access to Lloyds’ of London and the wider International Insurance and Reinsurance markets via a network of correspondent Lloyd’s brokers.
Like all general insurance brokers operating in Jamaica, we are regulated by the FSC which exercises active supervision and oversight of our operations to ensure that only persons deemed to be fit and proper, including directors, are allowed to perform any important role in the firm, and that we are in compliance with all requirements under the regulations, including adequate Errors & Omissions insurance.
To delight our customers with world-class services through the efficient and
effective utilization of human and technological resources and the use of
appropriate distribution systems that enhance long term relationships and profitability.
“Setting the industry’s standards.”
Our Commitment to Our Staff
To provide a challenging and rewarding environment for our employees,
actively supporting their personal development & professional goals.
OUR BOARD OF DIRECTORS
Our Board comprises individuals who have achieved notable success in their respective fields, and they bring a wide range of expertise and experiences to the corporate governance of the company via scheduled monthly meetings and other interventions. The Board members are:
Ambassador Donald Rainford
BSc. C.D., J.P. Chairman
A Graduate of the London University of Economics, Donald Rainford is former Ambassador to Belgium and to the EEC. His other public service postings include tenures as Permanent Secretary in the Ministry of National Security and as Chairman of the National Development Bank (NDB).
Michael L. Reid
MBA, ICIA, ASCA, FAIA Financial Consultant
Mr. Reid’s areas of specialization include Local and International Taxation, Development & Implementation of Internal Control Policies and Corporate Financial Reporting.
Mr. Scott is a former banker of many years and currently operates his own business in the Petroleum industry. As a former CEO of Spectrum, he also brings much knowledge and experience in General Insurance broking to the Board.
Managing Director, Garbage Disposal and Sanitation Systems Ltd.
A former banker, manager and now successful entrepreneur, Mrs. Gordon-Smith has consistently been included in Businesssuite’s list of the 50 Most Powerful Women in Jamaica, since 2003.
Mr. Cleveland Stewart
Mr. Stewart is an accountant and former banker of many years, with broad experience in the private and public sectors. He joined the Spectrum Board in 2012 and as company secretary, he brings and a wealth of knowledge and experience in his particular discipline to the team.
Wilton A. Campbell
B.Sc., CLU, Ch.F.C. Vice President – Life & Employee Benefits
A qualified and experienced life insurance practitioner with over 30 years in the life insurance industry, and past Chairman of the Board of Trustees of the Institute of Chartered Life Underwriters and Chartered Financial Consultants (CLU & Ch.F.C.) Mr. Campbell provides leadership to the Life and E. B. Division.
Under his leadership, Spectrum’s Life Division has consistently ranked among the top two producers of life business from local insurance brokers.
Mr. Smith has acquired over 17 years of accounting experience in various organizations and in various senior positions He joined Spectrum in 2006 and is currently pursuing his ACCA certification. He holds certification in AAT.
Vice President – Marketing
Dip., MBA Vice President – Marketing / Public Relations
A customer centric and solution oriented insurance practitioner with over 15 years experience in the industry, Ms. Plummer’s vast experience spans sales, marketing and management.
Prior to joining Spectrum Insurance Brokers Limited in 2013, she held management and other senior positions in major broking firms such as IIB (now CGM Gallagher Ins. Brokers), Allied Ins. Brokers and JMMB Insurance Brokers, among others. She visited Lloyds of London to learn about their market operations. She specializes in the development of programs for large corporate clients.
Ms. Plummer holds a Diploma in Marketing and Supervisory Management, a Bachelors degree in Business Administration and a Masters in Business Administration from the University of The West Indies.
Human Resources Manager
Human Resources Manager
Mrs. Barnett holds a Bachelor of Arts Degree in Communication, Language and Linguistics from the UWI; a Certificate in Management Studies with Diploma in Education and a Diploma in Human Resource Management from the UCC. She has seventeen (17) years of experience in Human Resource Management and Office Administration and she is responsible for development of the Company’s human resources through internal and external training and certification programs.
Manager Employee Benefits
Mrs. Morais has a career spanning twenty-four (24) years as a Professional in the Life Insurance Industry, specializing in the design and marketing of employee benefit plans for various private and public sector workers throughout the island. Her track record for maintaining customer satisfaction is second to none. Prior to entering the Insurance Industry Mrs. Morais was employed in the Banking Sector for over fifteen (15) years.
Mr. Cummings is an avid team player and the holder of a Diploma in Insurance Studies from the College of Insurance & Professional Studies. With over 20 years experience in the general insurance business, he has developed a successful career and expertise in the design and placement of all major classes of commercial insurance.
Mr. Cummings held supervisory positions at various broking firms before joining Spectrum in 2006.
Laurel Smith, JP
Mr. Smith has over 25 years experience in the field of General Insurance. He is a graduate of the University of Technology attaining a Diploma in Marketing, and holds certificates from the College of Insurance & Professional Studies and the Insurance Institute of America.He has attended numerous seminars and symposiums on Customer Service, Law, Forensics and Anti-Money Laundering policies both locally and overseas which encompasses Customer Services, Law, Forensic and Anti-Money Laundering.
OUR MARKETING & SALES TEAM
ACII – Executive Consultant
Mrs. Besley is an Associate of the Chartered Insurance Institute – a member of the Professional Insurance Practioner, London and has been in the industry for over 30 years, serving in various management capacities. A former Vice-President of Spectrum, she is an accomplished administrator and broker with much experience and expertise in client relationship, and has been with Spectrum for over 13 years.
A former Banker, Ms. Skyers holds a Degree in Management Studies from Northern Caribbean University, an ACIB Designate from the Institute of Canadian Bankers, Certified Professional Secretary (CPS), Certified Administrative Professional (CAP) from International Association of Administrative Professions (IAAP), certificate in Supervisory Management (UTECH), certificate in Securities Management (JIM).
She transitioned to General Insurance sales and joined the Spectrum Team in 2012.
Mrs. Morgan has been in the industry for over eleven years. Over time, she has built her portfolio which, include personal and commercial clients while holding various supervisory positions at Guardian Insurance Brokers Lt., NPG Insurance Brokers Ltd and Financial Advisor at JMM Insurance Brokers ltd. She is customer friendly and result oriented.
Ms. Reid has been in the industry for over seventeen years in broking. Over time, she has built an impressive client portfolio and developed a reputation for excellence in customer service.
Ms. Carr joined Spectrum in 2001, having been in the industry for several years in various capacities. She holds Certificates with Distinction in several subjects from the College of Insurance & Professional Studies.
Over the past 14 years she has worked in broking as an Account Executive (Consultant), during which period. She has developed a loyal clientele in both personal and commercial lines. She is a customer-oriented and self-motivated person and is a team player.