NAGICO Insurances Provides Funding For Relief Efforts In Philippines

Press Release – November 27, 2013

The BVI Filipino Association benefited from a cash donation from NAGICO Insurances to assist with the relief efforts in wake of the devastation from super typhoon Haiyan which ripped through parts of The Philippines on November 8.

Accountant, Mr. Joseph Christopher Alegre, a native of The Philippines, made the donation on behalf of NAGICO during a bingo fund raising event on Friday, November 22 at the Tortola Sports Club.

Managing Director, Mr. Shan Mohamed said after speaking with Mr. Alegre about the devastation the company decided to provide cash donation and will support other efforts by the association to generate funds.

"NAGICO Insurances stand with the people of The Philippines in this difficult time of need understanding that with the necessary support they will rise again. Over the years we have seen what hurricanes and other natural disasters in the Caribbean can cause. In these circumstances we have been resolute in our response to provide assistance to clients covered by NAGICO. We are fast, fair and always there," Mr. Mohamed stated.

Association President, Mrs. Enda Ruffell-Smith said they are grateful for NAGICO's contribution and as such the donation will be earmarked to purchase shelterboxes to be distributed by Rotary Clubs in The Philippines.

"This calamity is another reminder that nature's wrath is unpredictable that even the most sophisticated equipment or diligent efforts to prepare for such tragedy is not a guarantee that there will be no casualties," Mrs. Ruffell-Smith pointed out.

Over 3,000 perished when the monster storm hit the Philippines and the United Nations stated that Thousands more have been displaced.

In partnership with NAGICO Insurances, Century Insurance Agency provides insurance products that offer quality protection, with competitive pricing, serviced by staff who can understand and meet the client’s individual insurance needs.

NAGICO Insurances, with headquarters in St. Maarten, started operations in the BVI in 1992 and is the largest underwriter of personal and commercial insurance in the BVI market. It now operates in over 19 territories and continues to grow.

NAGICO Typhoon Donation

Accountant, Mr. Joseph Christopher Alegre (center),
presenting the cheque on behalf of NAGICO Insurances to The BVI Filipino Association.

 

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