Nassau, The Bahamas, October 4, 2024 – The Bahamas Insurance Association (BIA) commemorated its 50th anniversary with a motto competition, inviting submissions to represent the future of the insurance industry. Actuarial Trainee at Colina Insurance Limited (Colina), Zavier Joseph-Smith, was awarded 1st runner-up out of 64 entrees for his inspiring motto, “Insuring Today, Ensuring Tomorrow.”

Zavier, who said that he always liked quick challenges saw the competition as a way to test his creative abilities. When asked about the inspiration behind his top-scoring motto, Zavier mentioned that it seemed obvious. “Insurance products serve as a hedge against an uncertain future to provide peace of mind,” Zavier explained. “Ensuring that peace embodies the essence of what we do.”

The competition highlighted the essential role of insurance in national development, aiming to boost public awareness and appreciation for the industry’s contributions to Bahamian society.

“We strive to raise public awareness of the significant contributions this industry makes to national progress,” the BIA stated. “For half a century, the BIA has been advocating for the best interests of the insurance industry, representing these interests to the Bahamian Government and People, as well as to other local and international bodies.”

“We are incredibly proud of Zavier’s accomplishment, which is a testament to the dedication and talent we nurture at Colina,” said Maxine V. Seymour, Director of Corporate Communications. “The insurance industry impacts our nation daily and Zavier’s commitment to shaping a brighter future for The Bahamas is commendable.”

Colina Insurance Limited (Colina)

Colina Insurance Limited (Colina) is a diversified financial services company, offering comprehensive life and health insurance solutions. Colina is wholly-owned by Colina Holdings Bahamas Limited (CHBL). CHBL is a Bahamian Company, built on a firm foundation of trust, integrity and responsibility. Colina has evolved over the past century to become The Bahamas’ largest life and health insurer, with a solid reputation for providing insurance and related financial services products that help clients prepare for life’s unexpected events.

About The Bahamas Insurance Association (BIA)

The Bahamas Insurance Association (BIA), formerly known as the Bahamas General Insurance Association (BGIA), is a trade association of insurance companies, brokerages, and agencies licensed by the Insurance Commission of The Bahamas, dealing in all lines of General (property and casualty) and Long Term (life and health) insurance business. Four loss adjusting companies are also members of the Association, which has as its main purpose the representation of the interests of the Insurance industry to the Bahamian Government and People, and to other local and international bodies.