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Premier Provider of Turks and Caicos Insurance
  • Ongoing analysis of all classes of business
  • Conservative investment strategies aimed at providing and augmenting company returns
TCI First Insurance Team
  • Well documented underwriting procedures
  • Thorough audit process and continuous feedback
  • Well established minimum rates
TCI First Mission Statement
  • Highly trained professional staff
  • Expeditious accurate and equitable claims returns

Team

The First in Turks and Caicos Insurance

TCFIC is TCI’s first indigenous Insurance Company with its head office in TCI.

Managers

Ms. Margaret Smith CGA
Branch Manager/Financial Controller

Ms. Ingrid Thompson
Manager, Underwriting and Claims

The Board of Directors:

Mr. Stanley Williams
Chairman, Principal, Mystique Car Rentals and Tours Ltd.

Mr. Albray Butterfield Jr.
Principal, Butterfield Enterprises

Mr. Ariel Misick
Senior Partner, Misick & Stanbrook Barristers and Attorneys

Hon. Dennis Lalor O.J., ACII
Chairman, ICWI Group Limited

Mr. Paul Lalor B.A, Bsc.
President, The Insurance Company of the West Indies Limited

Putting the Turks & Caicos First

Turks & Caicos First Insurance Company, Ltd. (“TCFIC”) was registered in Turks and Caicos on 29th December 1993 and licensed by TCI’s Financial Services Commission on January 21, 1994, to write General Domestic Property Insurance business. From initially writing Commercial and Homeowners Property insurance, TCFIC’s insurer’s license was extended from January 1st, 1996 to include Motor Vehicle insurance business. On January 1st, 1997 TCFIC’s license was further extended to include yacht and pleasure craft insurance business.

TCFIC is TCI’s first indigenous Insurance Company with its head office in TCI.

In 2007 ICWI (Cayman) Ltd, a subsidiary of the well-established Jamaican and regional insurer The Insurance Company of The West Indies Ltd., acquired all the shares of TCFIC’s non-TCI based shareholders and entered into a relationship with TCFIC thereby strengthening TCFIC’s insurance expertise and its ability to serve its clients.

TCFIC’s Registered Office is at Hibiscus Square, Pond Street, Grand Turk, TCI.

The following TCI registered companies are subsidiaries of TCFIC:-
• Inter Island Insurance Brokers (1986) Ltd., a TCI registered and Licensed Insurance Broker and,
• Cheshire Square Ltd a TCI- registered asset holding company.

Continued focus on strong underwriting, appropriate pricing and differentiating ourselves on service by adhering
to the following:

  • Highly trained professional staff
  • Expeditious, accurate and equitable claims settlement
  • Well documented underwriting procedures
  • Thorough audit process and continuous feedback
  • Well established minimum rates
  • Ongoing analysis of all classes of business
  • Conservative Investment strategies aimed at providing security and augmenting company returns

Turks & Caicos First Insurance prides itself on its highly trained, customer service oriented, friendly and professional staff members We believe it is one of the things that sets us apart from other insurance providers in the Turks & Caicos Islands!

The Insurance Company of the West Indies (ICWI) has ultimate responsibility for the areas of Underwriting, Claims and Reinsurance and as such all such decisions by the management of the company are taken in consultation with the Vice President of Risk and the President of the ICWI.

The day to day Management of TCFIC is managed by our Branch Manager/Financial Controller and our Manager, Underwriting and Claims.