July 17, 2017
Bahamas First General Insurance Company will facilitate a free public education seminar on Tuesday, July 18 at 6 p.m. at The British Colonial Hilton under the topic, Hurricane Prep 101.
The event will feature a presentation by The Bahamas Red Cross on hurricane preparedness followed by a panel discussion. The panel will include representatives of The Bahamas Contractors Association, Technical Adjusters Bahamas Ltd., Bahamas First and NUA Insurance Agents & Brokers.
Attendees will garner tips on how to maintain their homes and property to best withstand and recover from a storm, how to expedite and simplify the claims process in the event of a loss and will also learn about key benefits and terms of homeowners insurance.
Reflecting on lessons learned from Hurricane Matthew, the leading general insurer noted, “We want to do our part to ensure that our clients are in the best state possible to protect their families and homes and minimize their risk in the event of a hurricane this year.
This forum is about providing practical advice and solutions and also creating an opportunity for the public to get answers from subject matter experts on not only insurance topics but also on home maintenance, disaster relief and other related issues.”
The company saw a record 2800 Matthew-related claims and noted that many clients were not completely knowledgeable about key aspects of their coverage and policies.
In some cases, this impacted their ability to fully recover their losses.
“We see ourselves as partners with our clients and following last year’s significant event, we want to leverage that experience to ensure that our clients are well-informed, have adequate coverage and are best positioned to recover and move on with their lives in the unfortunate event of a loss.”
About Bahamas First Holdings Limited: Bahamas First Holdings Limited is the parent company of Bahamas First General Insurance Company, NUA Insurance Agents & Brokers, First Response and Cayman First Insurance. Its largest subsidiary, Bahamas First General Insurance Company, began operations in 1983 and was the first general insurance company to exceed US$100 million in premium income in The Bahamas; it continues to be a market leader.
Bahamas First General Insurance Company and Cayman First Insurance are certified A- (Excellent) by A. M. Best, which reflects the company’s strong capitalization and credit policies, leading market share and effective management structure. The Bahamas First Group and its employees have a long history of community involvement and support for organizations working to improve lives in The Bahamas and The Cayman Islands.