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Release- Demerara Fire and General Insurance Limited marked its 30th anniversary with a celebration at the Marriott Hotel Georgetown on Friday, November 4, 2022. The company, which provides Motor and Fire Insurance policies, was incorporated on November 24, 1992, and opened its doors to the public on July 1, 1993. The range of products has since expanded to include Liability, Marine, and Aviation policies.
Speaking at the event, the Manager of Demerara Fire and General, Asha Ojha, stated that over the past thirty years, the company has become a shining example of fair dealings and integrity within the insurance industry. She said, “Through our vision to develop, promote and sustain a customer-focused organization, DemFire has provided our valued policyholders with the peace of mind that theirs is a company that keeps their best interest close at heart. We sell insurance through the assurance that we will deliver every time. This is reflected in our proven track record of fast, efficient, and fair claim settlements.”
During her remarks to the gathering, the Chief Executive Officer of Demerara Mutual Life Assurance Society, Melissa DeSantos, reflected on her 10-year journey with the company. She also recognised several individuals that have been with the company for extended periods. One of these individuals identified was the Company Secretary, James Morgan, who has 45 years of service with the company.
While extolling the long-serving employees and excellent culture of the organisation, the CEO added, “This event is not just about us – this is about celebrating the partnerships with you our regulators, brokers, and policyholders – who continue to put your trust in us to provide the best service with quality insurance cover. We could not have gotten here without you and, of course, our staff who continue to give their best to ensure the smooth functioning of the company.”
Highlighting Guyana’s rapid development due to the burgeoning oil and gas sector, the CEO challenged the staff and team members to renew their pledge to further strengthen the position of the company. She said, “… We at Demerara Fire and General are ready to meet these challenges and go the extra mile.”
Demerara Fire and General Insurance was birthed from Guyana’s first life insurance company – the Demerara Mutual Life Assurance Society Ltd. which celebrated its 131st anniversary earlier this year.