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News Centre

nemo-donationKingstown, St. Vincent, January 17, 2014: Following the flooding that claimed the lives of nine people on mainland St. Vincent at Christmas, the St. Vincent office of Gallagher Insurance Brokers donated supplies of fresh water to NEMO (the National Emergency Management Office).

The heavy rain and landslides saw a number of houses, bridges and roads being washed away and, while the resulting damage is estimated to be several millions of dollars, there was an urgent requirement for mattresses, clothing and other necessities following the flooding.

Rachel Richards, Branch Manager at Gallagher Insurance Brokers (St. Vincent) said that the donation of water was a spontaneous gesture that came from employees in the office:

"We donated 25 cases of bottled water to NEMO for distribution to areas affected by the trough system of 24/25th December which, in some places, saw water reaching about 1.5metres - worse than seen in 2010 during Hurricane Tomas - and our employees wanted to demonstrate their support for everyone caught up in this dreadful event."

Matthew Pragnell, CEO of Gallagher Caribbean Group said:

"Naturally we are used to dealing with and settling insurance claims in our day to day business, and the company has played a major role in the formation and operation of the Caribbean Catastrophe Risk Insurance Facility, but I was delighted that members of staff in St Vincent should decide amongst themselves to do something straight away on a practical level to help those in need.

It is particularly sad that this event which resulted in loss of life as well as damage to property occurred over the Christmas period, and I hope that our donation will have helped bring some comfort during this time.

We are a Caribbean business and it is fitting that members of our St Vincent branch should rise to the occasion and help their local market," Pragnell added.

Notes for Editors:

About the Gallagher Caribbean Group

The Gallagher Caribbean Group is the largest and one of the oldest insurance brokers in the English-speaking Caribbean region with premiums managed in excess of US$120 million.

Gallagher Caribbean Group has offices in Jamaica, Barbados, St. Vincent, St. Lucia, St. Kitts/Nevis and Grenada; and licenses to operate in Antigua, Anguilla and Dominica and correspondents in Guyana, Suriname, Trinidad and Tobago, the ABC Islands and Puerto Rico.

Gallagher Caribbean Group's Jamaican roots date back to 1971 as International Insurance Brokers (IIB), an ICD-based subsidiary. The company has been growth focused since its 2004 merger with CGM, headquartered in Barbados.

In 2008 it partnered with US-based AJ Gallagher & Co., one of the world's largest insurance brokers, listed on the New York Stock Exchange.

For more information: www.cgmgallagher.com

Contact:

Mathew Pragnell
CEO
Gallagher Caribbean Group Ltd
Kingston, Jamaica
(876) 926-4313
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Jennifer M. Figueroa
HR Compliance Officer
Gallagher Insurance Brokers Jamaica Ltd.
Kingston, Jamaica
(876) 948 6995-7
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Rachel Richards
Branch Manager
Gallagher Insurance Brokers (St. Vincent) Ltd.
Kingstown, St. Vincent
(784) 451 2906
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About NEMO

The Saint Vincent and the Grenadines
National Emergency Management Organisation (NEMO) is a participating member state of The Caribbean Disaster Emergency Management Agency (CDEMA).

CDEMA is an inter-regional supportive network of independent emergency units throughout the Caribbean region and was formed in September, 2005.