Sagicor to acquire the Traditional Insurance Portfolios of both CLICO Trinidad and BAICO Trinidad

Sagicor Life Inc, Colonial Life Insurance Company [Trinidad] Limited (CLICO) and British American Insurance Company Trinidad Limited (BAT) announced on Monday, September 30, 2019 that Sagicor is acquiring the traditional insurance portfolios of both companies.

Dodridge Miller, Group President & CEO, Sagicor, said “We are pleased to welcome the policyholders to the Sagicor family and assure them of the same level of protection and service that our existing policyholders enjoy upon the completion.”

Claire Gomez-Miller, CLICO’s Executive Chairman and BAT’s Chairman, said “Sagicor emerged as the preferred buyer in an open and very competitive tender process with guidance from independent global industry experts.