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JLT Insurance Management (Barbados) Ltd


We at JLT Insurance Management (Barbados) Ltd believe that the focused approach on promotion and marketing of International Financial Services by an entity like Invest Barbados, is not only necessary but critical to the growth and prosperity of Barbados as a jurisdiction of choice for firms seeking a stable, reputable location to conduct international business.

The Towner Management Group (TMG) was formed in Barbados in 1991 as a manager of international insurance companies.

It existed as an independent, full-service captive and international insurance manager that is also the largest manager of international structures in Barbados.

TMG’s capabilities were later extended to include offices in Vermont and New York, along with regulatory approval to operate in Arizona, South Carolina, Utah, Vermont and Washington D.C. in the U.S. and Anguilla in the Caribbean.

Effective May 3, 2012, TMG sold its Barbados-based business and operations to the Jardine Lloyd Thompson Group PLC (JLT) and was rebranded as JLT Towner. It subsequently changed to its current name, JLT Insurance Management (Barbados) Ltd.

The JLT Insurance Management team is committed to providing clients with innovative, long-term management services that respond to the changing demands of a dynamic international business environment.

The services that we provide include:

  • Assistance in feasibility studies
  • Corporate start-up (including incorporation and licensing)
  • Registered office and active ongoing company administration and accounting
  • Locating suitably experienced independent directors
  • Access to captive facilities for third party underwriting
  • Access to insurance and reinsurance markets
  • Access to service providers in other jurisdictions
  • Total oversight and responsibility for the client's business on an outsourced basis

    For full details visit our website at:

Ricardo Knight is the President of JLT Insurance Management (Barbados) Ltd. He is also a Past President of the Barbados International Business Association and the Chairman of Government's Joint Policy Working Group on International Business.