IABVI Appoints New Executive Board
The Insurance Association of the British Virgin Islands has appointed a new Executive Board, with Lynette Ramoutar stepping into the role of President. The incoming leadership team plans to focus on industry collaboration, professional standards, and public education across the Territory. Outgoing President Simon Cross also highlighted recent milestones, including improved hurricane risk assessment tools and public safety partnerships.
The Insurance Association of the British Virgin Islands (IABVI) has announced the appointment of its new Executive Board, bringing together a dedicated team of professionals from across the Territory's insurance sector to guide the organisation forward. Leading the new leadership team is Lynette Ramoutar of CG Insurance, who will serve as President.
The board also includes Vice President Camillus Michel of Caribbean Insurers Ltd, Secretary Maria Vieira of Premier Insurance Ltd, Treasurer Denisher Gayle of Insurance Company of the WI, Public Relations Officer Elizabeth Peters of Mutual Insurance (BVI) Agency Ltd, and Education and Training Officer Desiree Creque of Premier Financial Consultants Ltd.
According to the association, the new board will provide strategic direction and leadership while advancing the IABVI's mission to strengthen the local insurance sector, elevate industry standards, and boost public awareness about the vital role of insurance in safeguarding homes, businesses, and livelihoods throughout the Virgin Islands.
Outgoing President Simon Cross of Hyperion reflected on key milestones achieved during his tenure. Under his leadership, the association provided valuable input to the Royal Virgin Islands Police Force regarding proposals on police attendance at motor vehicle accidents. The IABVI also collaborated closely with BVI RCA Surveyors to incorporate GPS coordinates and elevation-above-sea-level data into property appraisal reports, giving underwriters essential data to accurately assess hurricane-related property risks.
Furthermore, the association actively participated in hurricane preparedness initiatives in partnership with the Government of the Virgin Islands and the Department of Disaster Management. Looking ahead, the association expressed confidence in the collective expertise of the incoming board as it works to address emerging industry challenges.
Key priorities for the new term include expanding professional development opportunities, engaging stakeholders on regulatory and market developments, and driving educational campaigns to ensure residents and business owners are well-informed about risk management and coverage options.
The IABVI serves as the premier platform for collaboration among insurers, brokers, and agencies in the British Virgin Islands, promoting ethical standards and community resilience across the Territory.
Primary source: VINO