Newly appointed CEO of Gulf Insurance Limited Jason Clarke says the success of the company was not built on deceiving clients, but by honouring their legitimate claims."We need to do our part in purging our sector of those few who give it a bad name. Insurance must not be a dirty word and we at Gulf will no longer allow the few to tarnish the many.
"We as an industry should self-regulate and drive regulations that are vital to our industry rather than be driven by regulations," he said in his address at the company's 40th anniversary function at the Kapok Hotel on Tuesday night."The home that is Gulf was built on a solid foundation that has stood the test of time. It was built on honour, high ethics and values and, keen understanding of the importance of the insurance products and services which we offer to the various regional communities in which we operate," he said.
Clarke said the company is committed to recognising and respecting the needs of its customers while striving to become the industry leader; not on being the lowest to cost provider, but on the fulfilment of the commitment made to the communities in which Gulf does business.Apart from T&T, Gulf Insurance operates in St Maarten, the Organisation of American States, the British Virgin Islands, Cayman Islands and the United States Virgin Islands (USVI).