“We have taken a few steps to provide our customers with some new opportunities of settling their insurance premiums, especially at this time of COVID when individual contract is not as warranted.” That was stated by the Finance Manager of Malliouhana-Anico Insurance Company, Mr. Jason Liburd.
He continued: “We now have the option where persons can go online, through NCBA, and transfer money into our account as a way of paying their insurance premiums. In addition, especially in these times, when a lot of folks are not working, we have made it a little easier for customers to pay their premiums by giving them terms. In some cases we have actually waived the interest in order to show our concern for our customers to ensure that they can keep their vehicles running. We also have credit card payments where customers can call on their phones, or if they choose, to come to the office – we can swipe their card so that they can make payments that way.”
He went on: “We provide a wide range of products such as motor insurance; homeowners’ insurance; contractors’ all risks insurance. If you are starting a building your contractor has coverage in case of injuries and we also provide liability insurance.”
Ms. Monica Hodge, the General Manager, spoke about a number of other services including comprehensive and third party insurance. She pointed out that there was also a third party fire and theft insurance service which a number of persons might not know much about. She explained: “In any insurance contract you have two parties which are the insurance company and the insured – the owner; and the third party would be any other person involved if you get into an accident. So you have liability coverage for the third party. Fire and theft insurance would be in addition to third party where you have fire and theft coverage for your vehicle. The third party only covers the other person and not any damage to your vehicle… That is something we don’t sell, but it is an addition to the comprehensive insurance on your vehicle.” She also provided information on several other services provided by the insurance company.
Ms. Hodge, who has a long service in Anguilla’s insurance industry, said that Malliouhana-ANICO Insurance Company was now 26 years old – having celebrated its 25th Anniversary last year. “The company was formed by a merger of Anguilla National Insurance Company and Malliouhana Insurance Company in 1995,” she added.
The local insurance company operates from its own imposing building just outside the Fair Play Commercial Complex in The Valley, and in the vicinity of The Valley Primary School.
Ms. Hodge and Mr. Liburd were at the time speaking in an interview with media representatives in Anguilla. The event, on Wednesday, October 20, was part of the observance of Financial Information Month, organised by the Eastern Caribbean Central Bank and the Eastern Caribbean Currency Union.
Anguilla holds membership in both financial organisations and is among a total of eight sub-regional member territories.