CGM Gallagher Insurance

An associated company of the ICD Group, CGM Gallagher Group is the largest and one of the oldest insurance brokers in the English-speaking Caribbean. With more than 40 years experience in developing and administering insurance programs for clients across the region, CGM Gallagher Group has solidified its position in the market by matching world-class risk management solutions with technical support via experienced insurance professionals. The Group is one of the Caribbean’s first true regional insurance brokers with offices in Jamaica, Barbados, Grenada, St. Vincent, St. Lucia and St. Kitts/Nevis; licenses in Antigua, Anguilla and Dominica, plus correspondents in Aruba, Bonaire, Curacao, Guyana, Suriname, Trinidad and Tobago, Haiti and Puerto Rico.

In 2006, CGM Gallagher’s risk management subsidiary, CaribRM, was appointed Facility Supervisor for the World Bank-backed Caribbean Catastrophe Insurance Facility (CCRIF); the world’s first regional, multi-government parametric insurer. This innovative programme is testament to the capability and reach of CGM Gallagher.

IIBRe was established as a division of CGM Gallagher in Jamaica, with an office in Barbados. We leverage our relationships with major London brokers and underwriters in the direct reinsurance markets to place complex risks. Our services include Reinsurance Broking, Captive Administration, Treaty support and a special Binder Underwriting Facility department. Our experienced and qualified team provides regional insurers, insurance brokers and large corporate clients access to the global reinsurance market wherever local capacity is unavailable or insufficient.
Our seven companies provide insurance broking, captive management and risk management solutions to hundreds of clients across the region. They are:

  • CGM Gallagher Insurance Brokers Jamaica Limited
  • CGM Gallagher Insurance Brokers Barbados Limited
  • CGM Gallagher Insurance Brokers St. Vincent Limited
  • CGM Gallagher Insurance Brokers St. Lucia Limited
  • CGM Gallagher Insurance Brokers St. Kitts/Nevis Limited
  • CaribRM
  • Mecacem SPC Limited

We are a subsidiary of Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm headquartered in Itasca, Illinois, with operations in 19 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.

  • Industry-leading commitment to ethics and dedication to integrity
    – Promoting ethical business standards and practices
    – Exceeding legal compliance standards
    – Innovating to benefit the public
    – Demonstrating that corporate citizenship is tied to company success
  • Globally, joins a small but distinguished list of companies

Management Team

  • Matthew Pragnell, BA

    Chief Executive Officer