Judicial managers of CLICO International Life Insurance Limited in Dominica appointed

Dominica- October 10, 2011: On October 7, 2011, the Eastern Caribbean Supreme Court in Dominica officially recognised the Barbados High Court Order of April 14, 2011, which appointed Deloitte Consulting Limited (DCL), acting through Messrs Oliver Jordan and Patrick Toppin, as Judicial Managers of CLICO International Life Insurance Limited (CIL).

Therefore, with effect from that date, Jordan and Toppin are the official Judicial Managers of CIL’s branch operations in Dominica.

The Judicial Managers wish to stress that the operations and coverage of the Company’s existing policies remain in effect, subject to premiums on such policies continuing to be paid by policyholders.

The Company’s branch office in Dominica remains open and policyholders can continue to make premium payments in the normal manner.  All enquiries regarding claims or policies should be directed to the Company.

The Judicial Managers will issue further information in due course.

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2 Comments

  1. ..........
    October 12, 2011

    i wonder why any one hasn’t been arrested in this CLICO fiasco.

    Policyholders don’t be foolish and continue to pay premiums. This will only make these sticky fingers bastards richer.

  2. Changesneeded
    October 10, 2011

    What about British American? An arm of CLICO… We are way too passive in Dominica… these companies take advantage of us and the so call CEO’s are still living lavish lifestyle and not behind bars like Allan Stanford… We have resorted to world of talk instead of action… time to remove the Parrot and place a Frog or some action oriented symbol…

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