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Star General Insurance Bahamas: Depend On Us

Star General is a Bahamian Owned and operated Company with offices in Nassau, Freeport and Abaco that are staffed with a group of trained Professionals.

Founded in 1987 to serve the general insurance needs of the lower income segment of the community, Star General now provides full range of General Insurance products to satisfy any type and size of  cover on both a personal and commercial basis.

With an annual Premium Income approaching Thirty Million Dollars ($30,000,000), the Company is presently one of the largest General Insurance Agencies in the Bahamas.

The Company’s diversified portfolios of Insurance Products are structured for both individuals and companies, these include: Homeowners’, Fire & Peril, Commercial Property, Motor, Marine & Aviation, Liability, Contractors’ All Risk, Professional Indemnity and Commercial Bonds.  Through the Life and Health Division, the Company provides Life and Health Insurance plans on both a group and individual  basis.

Star General has a complete range of General Insurance Companies at its disposal, including RoyalStar Assurance & Bahamas First General Insurance Company, two of the largest General Insurance Companies in the Bahamas. The Company also has access to a number of other Insurers, both locally and around the World.

Star General’s reputation was built on two important pillars-Quality Services and Prompt Payment of Claims, a philosophy which has earned the Company consistent growth over the years, and a solid reputation that is built on  service.

The Companies Within The Group

Star General-Nassau
Star General Insurance Agents and Brokers Ltd. is the Founding Company of the Group. Located on Marathon Road, the Agency is able to provide any type and size of General Insurance cover and included in its Portfolio of Clients are a number of large Commercial Buildings and Resorts.

Star General-Freeport
Star General Insurance Agency (G.B.) Limited was formed in 1995 to serve the growing General Insurance market in Freeport. In 2002, the Agency acquired the Nassau Underwriters Agency’s block of business, and together with its affiliate Company, Abaco Insurance Agency in Marsh Harbour, Abaco, it is one of the largest Agencies in the Northern Region.

Star General Investments
Star General Investments (G.B.) Limited is the Investment arm of the Group. The Company has Shareholdings in Royal Star Assurance Limited, Bahamas First Holdings Limited, Abaco Insurance Agency Limited, Star General Holdings Limited, and is also the owner of the Star General Office Centre in Freeport, Grand Bahama.

Star General Holdings
Star General Holdings Limited is the Holding Company for the Group’s Investment in Sun Star Ensure, the major shareholder in Royal Star Assurance Limited.

Star General Life & Health
In keeping with its program to broaden its base, diversify its activities and expand through existing operations, Star General established a Life & Health Division in 2000 to complement its General Insurance operations.  The Division offers a full range of Life & Health Products on both an Individual & Group basis.
 

Associate Company

Abaco Insurance Agency Ltd.
With the demand for General Insurance increasing in Abaco and wishing to further enhance its Market Share in the Out Islands, in 1999, the Company purchased an equity interest in Abaco Insurance Agency, one of the Largest General Insurance Agencies on that Island.


 

   

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