Home' Trinidad and Tobago Guardian : July 18th 2014 Contents A47
Friday, July 18, 2014 www.guardian.co.tt Guardian
Track and Field in T&T will
always have a friend in Sagicor Gen-
eral Insurance (SGI) says Dyan
Loutan-Ali, vice-president of local
operations. She made the
announcement at the company s
tenth anniversary celebration held
at Hyatt Regency Trinidad on Dock
Road in Port-of-Spain, yesterday.
Sagicor General was a title sponsor
of the National Association of Ath-
letics Administrations (NAAA) Senior
Open Championships held at the
Hasely Crawford National Stadium
in Woodbrook last June. On that
occasion Richard Thompson broke
his own national record of 9.85 by
three hundredths of a second--a 9.82
seconds run in the 100-metre re-
match against fellow Olympic medal-
list Keston Bledman.
The spectacular performance
earned him the honour as the ninth
fastest athlete in the history of the
sport as he went on to hold the
world s top spot for two weeks as
declared by the IAAF. Thompson is
now ranked second in the world.
Justin Gatlin of the United States
was able to better Thompson s time
by two hundredths in Lausanne Dia-
mond League meet on July 3.
Michelle Lee Ahye was also praised
having won her 100-metre at the
Sagicor Senior Open Championships.
As of yesterday, her standing
remained unchanged as the world s
number one since that performance.
These were among the top-perform-
ing athletes who have convinced the
regional insurance giant to focus its
corporate social responsibility on
sport and, in this instance, track and
Loutan-Ali said her company con-
tinued to grow its market share and
it would keep reinvesting in the
sport, which continued to produce
world champion medallists at every
international championship. Loutan-
Ali said T&T operations of SGI
remained strong and consequently
served as the largest revenue gener-
ator of all its branches in the network
across the Caribbean.
"Compared to other companies
that wrote a similar income the fact
that SGI achieved so much with less
than 100 in head count was in itself
a great accomplishment," Loutan-
"Today, T&T counts for 58 per
cent of the entire Sagicor General
underwriting portfolio. The T&T
branch has successfully contributed
to the rapid growth of the company.
Prior to the opening of the branch
in 2004, SGI recorded a gross pre-
mium income of $145 million dollars.
"Today, the company writes 396
million. In addition to the premium
growth, the branch, through its pru-
dent financial management, has con-
tributed significantly to the growth
on SGI s balance sheet which stood
at $659 million at the end of 2013.
It is no surprise that SGI has main-
tained an AM Best rating of A-Excel-
lent since June 2002."
Loutan-Ali added: "To improve
the lives of the people in the com-
munities in which we operate rep-
resents a section of our vision which
we at Sagicor General are very pas-
"It is for this reason we have spon-
sored events such as the NAAA. This
particular event has had our support
since 2004 when we started oper-
ations in T&T. We believe that these
games open many doors for our ath-
letes and in particular our youth,
through scholarships, endorsements
and opportunities to represent our
country at one of the highest level."
To the benefit of future athletes
and the national community as well,
the Sagicor official said three years
ago, the company took the decision
to adopt projects in communities
that would enhance the level of edu-
cation to primary school children.
So far, the insurer provided air con-
ditioning to the Brasso and Caparo
Primary Schools and refurbished and
restocked the library at the Salazar
Trace Primary School in Point Fortin.
"The success of these initiatives
was made possible because of the
contribution and dedication of per-
sonal time by both Sagicor General
and Sagicor Life staff. In 2013, we
partnered with Sagicor Life with the
Science, Technology, Engineering
and Mathematics (STEM) Pro-
gramme in an effort to promote sci-
ence in secondary schools through-
out the Caribbean countries in which
the Sagicor Group has a presence.
This was quite successful and we
will be continuing this initiative,"
track and field
Dyan Loutan-Ali, vice-president, Sagicor General Insurance (Trinidad), left, Ramnarine Maharaj, managing
director, Amalgamated Insurance Brokers Ltd., and Mark Blakeley, vice-president marketing, Sagicor General.
PHOTO BY: ANDRE ALEXANDER
'To improve the lives
of the people in the
communities in which
represents a section
of our vision which
we at Sagicor General
are very passionate
about. It is for this
reason we have
such as the NAAA.'
Sagicor general Insurance
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