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GenAc Leverages Digital Transformation

2020 General Accident Insurance AGM

General Accident Insurance Company Jamaica Ltd. (GenAc) Chief Operating Officer, Gregory Foster (left) reviews the company’s 2020 Annual Report with Managing Director, Sharon Donaldson (center) while Company Secretary and Non-Executive Director, Geoffrey Messado looks on at the GenAc Annual General Meeting held at Liguanea Club on Wednesday, September 15, 2021.

Through the company’s increased focus on digitization of processes in the 2020-2021 fiscal year, General Accident Insurance Company Jamaica Ltd. (GenAc) has managed to maintain strong communications with its customer base. “General Accident is currently in the midst of a Digital transformation. We must not only provide superior experiences for customers, employees and other stakeholders but deliver on our promises in a faster, more nimble way. Enabled by technology, we are taking on an enterprise-wide change that will evolve our business and operating model as well as how we work,” said Sharon Donaldson, Managing Director of General Accident.

During 2020, the Digital Transformation initiatives have resulted in tangible benefits such as reducing operating costs, increasing efficiency in the claims and underwriting process, and improving customer satisfaction. These and other factors discussed at the Annual General Meeting on Wednesday September 15, 2021 are driving the regionally expanding insurer, to increased revenue targets into the new financial year.