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Minvielle & Chastanet Ltd. (M&C) entered the Insurance Industry in 1866, as the agents for Lloyds of London in St. Lucia. In 1992, M&C was appointed as the Principal Agent for Nemwil in St. Lucia which expanded the Insurance Department’s capacity and established a well respected Caribbean connection.
After over 100 years in the Insurance Industry in St. Lucia, on October 1st, 2004 the M&C Insurance Department opened its doors under the new name of M&C General Insurance Company Ltd. (MCGI). MCGI is now owned by Goddard Enterprises Ltd. (Barbados) and has three offices in St. Lucia. In 2011 MCGI established itself outside of St. Lucia and began an agency operation in St. Vincent, which is represented by Coreas Hazell Inc. In 2013, MCGI was recognized by the Insurance Council of St. Lucia as being the largest insurer in St. Lucia in terms of premium income.
On October 25th, 2013 MCGI’s latest accolade was the assignment of a B++ (Good) rating by AM Best. The AM Best rating reflects MCGI’s excellent risk-adjusted capitalization, overall earnings in recent years, conservative reinsurance program and local market expertise.
MCGI’s management/supervisory teams are headed by the General Manager Mr. Royer Felix, who is a qualified ACII. He has been with the company for over 23 years. Mr. Felix previously held the position of Deputy Manager and was promoted to General Manager following the retirement of Mr. Roderick Clarke, in 2010. Mr. Quincy Christophe is the Assistant Manager – Underwriting, Mrs. Barbara Blasse holds the position of Assistant Manager – Claims, Ms. Tamara Louis is the Financial Controller, Ms. Dione Simon – Office Supervisor/Marketing Representative. MCGI’s Gros-Islet branch is headed by the Insurance Administrator, Ms. Petrona King and the Vieux-Fort branch is headed by Ms. Emily Mc Farlane, the Senior Insurance Clerk.
MCGI provides insurance coverage for Travel, Homeowners, Motor, Fire, Burglary, Public Liability, Employer’s Liability, Contract Works and All Risk.