Madam Speaker, please permit me a few moments to address the very complex issue of the high cost of insurance which our country is facing. The rising costs of homeowner insurance policies is a multifaceted challenge influenced by a combination of local and global factors. It is important to recognise that this issue is not isolated to the British Virgin Islands but is part of a broader global challenge.

The Government of the Virgin Islands is seeking the services of a suitable locally based insurance company for the provision of insurance for the Ralph T. O’Neal Administration Complex located at 33 Administration Drive, Wickham’s Cay 1, Road Town, Tortola.

The British Virgin Islands Ports Authority (BVIPA) would like to invite tenders from any Virgin Islands Licenced Insurance company with an “A” or better rating, for a Property & Liability Insurance Plan.

The Government of the Virgin Islands acting through the Ministry of Transportation, Works and Utilities is seeking the services of a suitable locally based insurance company for the

The Government of the Virgin Islands through the Ministry of Transportation, Works and Utilities (MTWU) is seeking the services of a suitable locally based insurance company for the provision of insurance for the Ralph T. O’Neal Administration Complex.

The Government of the Virgin Islands is inviting proposals for the provision of Earthquake Catastrophe Insurance for the British Virgin Islands.

Mister Speaker, I take this opportunity to inform this Honourable House of the Deposit Insurance Policy that your Government intends to implement in 2020. 

The BVI Health Services Authority is seeking proposals from qualified entities to provide comprehensive insurance coverage and brokerage services.

Immediately following the passage of Hurricane Irma, on September 11 I held a meeting with the Territory’s insurance providers and one with the Territory’s banks.

Mr. Jack Husbands is the newly appointed chair of the Insurance Tribunal.