Article by Social Share
Port of Spain – Trinidad and Tobago Insurance Limited (Tatil) has acquired Barbados-based Trident Insurance Company Limited, after officially getting the nod from regulators, Tatil Chairman Ray Sumairsingh announced on Thursday.
Acknowledging that the COVID-19 pandemic may have led to some delays in finalizing the acquisition, Sumairsingh said the transaction has been successfully concluded with the receipt of all the required regulatory approvals here and in Barbados.
The operations of Brydens Insurance, which is the Barbados branch of Tatil, have already merged with Trident Insurance, under the Trident brand name. The new Trident Insurance will continue to bring its uniquely Barbadian perspective to the business of serving its customers.
Tatil takes over Trident Insurance
Article by May 7, 2021
Trinidad and Tobago Insurance Limited (Tatil) has officially acquired Trident Insurance Company with regulators in both countries giving their nod to the deal, Tatil Chairman Ray A. Sumairsingh announced Thursday.
The acquisition process which started in December 2019 had suffered setbacks owing to the COVID-19 pandemic.
The operations of Brydens Insurance, the Barbados branch of Tatil, have already merged with Trident Insurance, under the Trident brand name.
Commenting on the acquisition, M. Musa Ibrahim, Tatil’s Managing Director said: “We are excited by the many opportunities this transaction creates and the enhanced value it will bring to our stakeholders. Not only will our clients benefit from an expanded portfolio of products and services – including an A- (Excellent) financial rating from A. M. Best – but it opens doors for our employees to enhance their skills and career options.”
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Two insurance firms donate to Harrison’s Point
Article by March 13, 2021
As Barbados wrestles with the COVID-19 Pandemic, sister companies Trident Insurance & Brydens Insurance have answered the call to support Barbados’ front-line workers.
These two ANSA McAL companies recently donated a five-piece sofa set and coffee table to Harrison Point for use in their living area. The donation came in response to the facility’s request for items that are much needed by the facility.
In acknowledging the critical role the Harrison’s Point team and other frontline workers are playing, chief executive officer David Alleyne said that it was absolutely necessary that support is given to those who are serving us as we confront the challenges of the pandemic.