Board of Directors > Executive Team > Management Team
Mission & Vision Statements > Values Statement> Financial Highlights

NEM is the longest established of all the General Insurance Companies operating in Jamaica. The tradition of excellence dates all the way back to 1934, when A.C. Saward was appointed chief Agent in Jamaica of National Employers Mutual General Association (NEMGIA) of the UK.

1980 saw the formation of NEM Insurance Company (Jamaica) Limited, as we are now known, with major Jamaican shareholding by the Jamaica Mutual Life Assurance and the Jamaica National Building Societies. In 1990 we became fully localized as NEMGIA sold their 48% shareholdings to the Mutual /Jamaica National consortium. On April 19, 2000 we became a proud subsidiary of the very strong and financially viable Jamaica National Building Society, when they acquired 96% of the share capital.

Our contingent partnership with the overseas adjusters remain in place, and our confidence in our ability to effectively deal with wide scale catastrophes is unwavering. NEM’s market share has grown to the enviable number  three, a ranking which we are seeking to exceed in the very near future through our extensive branch network system, and with the assistance of our intermediaries.

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