The Tribune

The Bahamas Insurance Association (BIA) has elected Warren Rolle as its new chairman and Felicia Knowles as secretary.

They join the BIA executive team, featuring Anton Sealey, deputy chair for property and casualty insurance; Tina Cambridge, deputy chair for life and health insurance; and Cardinal McCardy, treasurer.

“I am honoured to have been elected by members of the BIA to serve as the chairman at this juncture in our association’s history. The BIA serves as the chief advocate for the insurance industry in The Bahamas, and acts as the main liaison with the Government of The Bahamas on matters impacting this important sector of our nation’s economy,” said Mr Rolle.

He acknowledged that the Bahamian insurance industry is facing several crucial issues that require ongoing collaboration between the BIA and the government.

“Our industry faces a number of uncertainties in relation to proposed tax reforms and the requirements stemming from anti-money laundering/countering the financing of terrorism/proliferation financing legislation,” he added. “These initiatives will necessitate close collaboration with the government and regulators to successfully implement.

“We look forward to maintaining our working relationships with the government, and relevant agencies and departments, to better serve our members and protect the interest of our clients, the Bahamian public.”

Mr Rolle is the managing director of NUA Insurance Agents & Brokers, and also a director of the Bahamas Entrepreneurial Venture Fund. He recently served as BIA secretary for four years.

Ms Knowles is co-owner and chief operating officer of Lampkin Knowles and Company Insurance Brokers & Benefit Consultants. She is also the president of the Bahamas Coalition of Service Industries, and previously served as president of the Bahamas Insurance Brokers Association.