RF&G Takes Its Service to The Eastern Caribbean

And tonight, there is big news coming out of RF&G Insurance Company Limited. The sixty-one-year-old company is now exporting its services to Saint Lucia and Saint Vincent. Managing Director at the company, Andrew Roe, told us about this latest move.

 

Andrew Roe, Managing Director, RF&G Insurance Company Limited

“In late 2010 RF&G shareholders made the decision that we would expand into the Caribbean region, specifically the eastern Caribbean. COVID did throw a bit of delay not it, but in 2023 RF&G was successful in acquiring a company that was domicile in Saint Lucia and also operates in Saint Vincent. The company is called M&C General Insurance. What that does is RF&G has been able to hone in a system and insurance company here in Belize that we feel is effective and profitable. We have now been able to export that structure into Saint Lucia and Saint Vincent. Our intention is that we are able to grow that business in those markets and for Belize we often hear about exporting raw products, agricultural products, this is exportation of a service. The people who work for RF&G are now engaged in operations in other countries, they are learning  cultures and new ways of doing things and it has created employment. Many people may see RF&G advertising for new people, part of that is because we have expanded into another country and we need people who can help provide the services in Saint Lucia, in Saint Vincent from Belize and that is only expected to continue to grow.”