Prime Minister, Brigadier Retired Mark Phillips participating in the ribbon cutting of the Assuria Life & General Insurance Companies’ Georgetown headquarters (Photo: DPI/April 29, 2023)
“Yet the reality is that too many of our property owners do not have insurance. Too many of our citizens’ lives are not insured and only a fraction of our population benefits from pension schemes and health insurance,” PM Phillips highlighted.
To this end, he urged stakeholders in the insurance industry to educate the public on the benefits of being insured.
“I believe that there is a need for greater public education on this issue. The insurance companies and the Insurance Association of Guyana (IAG) should be encouraged to raise awareness about the necessity of having insurance,” the Prime Minister asserted.
Managing Director, Yogindra Arjune; Head of Department for Life/Health/Pension, Erwin Daniels, and Chairman of the Supervisory Board, Mario Merhai also delivered remarks. Present at the opening were Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh, Governor of the Bank of Guyana, Dr Gobin Ganga, Speaker of the National Assembly, Manzoor Nadir, and members of the diplomatic corps.
The multi-million-dollar headquarters will be opened to the public from Tuesday, May 2, 2023.