IronRock Insurance, founded by insurance experts Evan Thwaites and Wayne Hardie, along with businessman William McConnell, is looking to earn more than $400 million in profits within its first five years of operation.
The company successfully raised approximately $315 million sought from its initial public offering on the Jamaica Stock Exchange (JSE) Junior Market.
It offers a full suite of general insurance products, including marine insurance, which has been in strong demand in Jamaica, but sparingly offered by local insurance companies.
Published in the Gleaner
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