Issue No. 818 Monday, 18 April 2005
Business Monday
Redefining the insurance
business
Hurricane Ivan was not the only drama point in Bryan Murphy’s long career in the insurance business. Thirty years ago as an ambitious executive he was living in Ethiopia and Emperor Haile Selassie
was deposed in a military coup that would turn the country into a police state.
The country was under a strict curfew and Mr Murphy found himself dodging
bullets and, at the same time, trying to conduct business...
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more...
Cayman’s tourism product comes on top
The Cayman Islands out-performed its
Caribbean neighbours to secure the top destination in six different categories
of the Caribbean Travel & Life Awards. Walking away with the prestigious US
magazine’s highest awards in the categories of Dive, Snorkel, Best hotel in the
large category, Best-overall destination, Friendliest People and Best Beach,
Cayman tripled the size of its award haul compared with last year...
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more...
Dyoll policies cancelled
 Dyoll
Insurance Company has terminated all insurance polices according to Temporary
Manager Kenneth Tomlinson. Individuals who have put off purchasing additional
coverage are no longer holding valid property or motor coverage. The Jamaican Financial Services Commission (FSC) announced it will be applying to the Jamaican Courts for the liquidation of
Dyoll..
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UBS buys Dresdner’s private bank division
 Dresdner Bank Lateinamerika (DBLA) has sold its Private Banking division to Swiss UBS
and will be closing its Cayman Islands branch at the end of September this
year. This marks something of an end of an era as the European bank has had a
branch in the Cayman Islands since 1988. Although Dresdner Bank is
maintaining it’s corporate and investment banking sections; they will be
integrated in other regions...
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Entrepreneurs receive free consulting
Small business owners and entrepreneurs
took advantage of Deloitte’s consulting day, which made their diverse group of
consultants available for one-on-one advice free of charge earlier this month.
The free consulting day was part of Deloitte’s initiative to branch out its
services to the local business community. Approximately a dozen business
owners and individuals starting businesses received consulting services...
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Entrepreneur of the week -
Erica Martin
Now that she looks back at her life,
professionally, the Hospitality industry seemed the right place for Erica
Martin’s career to begin especially as she had a passion for making people feel
relaxed. So armed with a degree in Hospitality Management, Ms Martin began
her working career in the Food and Beverage division of a leading hotel in
Jamaica. However, while there, she was introduced to the field of aesthetics...
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more...
OTHER NEWS
EDITORIAL
COMMENTARY
DOING BUSINESS LUNCH
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