Connect with us

Bahamas News

Insurance Commission of The Bahamas Launches the Region’s First InsurTech Course

Published

on

By LLONELLA GILBERT
Bahamas Information Services

NASSAU, The Bahamas – The Insurance Commission of The Bahamas has launched a six-week online program, known as the InsurTech Compliance, Innovation and Regulatory Practices (ICIRP) Course, which is a first in the region.

“The launch of this ICIRP Course demonstrates the Insurance Commission of The Bahamas’ dedication to being the pioneers in fostering innovation, enhancing compliance and upholding the highest regulatory standards in the insurance industry,” Minister of Economic Affairs the Hon. Michael Halkitis said during the launch at The Balmoral on Friday, January 24, 2025.
Minister Halkitis explained that the online program, which begins Saturday, January 25, 2025, represents a strategic collaboration between the Insurance Commission of The Bahamas, the Cambridge Centre for Alternative Finance at the University of Cambridge, and the Bahamas Institute of Financial Services.

“The ICIRP course reflects a forward-thinking approach, equipping financial service professionals with the necessary tools and exposure to international best practices, trends and typologies required to be innovators and free thinkers in this industry that is undergoing profound regulatory and legislative enhancements.”

He said, “As technology continues to redefine how we do business, this initiative ensures that our financial services professionals are prepared for the future and are taking intentional steps toward actively shaping our financial services ecosystem.”

The Economic Affairs Minister noted that the partnership with the University of Cambridge is particularly noteworthy.  “Cambridge is globally recognized for its leadership in advancing financial innovation, and this collaboration signifies the Insurance Commission’s commitment to excellence and progression in the industry.

“It reinforces The Bahamas’ reputation as a jurisdiction that encourages innovation, values professional development, embraces emerging technologies and prioritizes robust regulatory frameworks.”

The Superintendent of Insurance, Dana Munnings-Gray said, “The Insurance Commission of The Bahamas is proud to lead this groundbreaking initiative that bridges the gap between technology and the Insurance Industry.

“This course represents our commitment to fostering innovation and providing the tools and knowledge necessary to ensure regulatory excellence and industry growth.”

The course will cover key topics critical to the integration of technology within the insurance sector, digitalization, emerging technologies, regulatory considerations and future trends.

It is aimed at regulators, insurance professionals, compliance officers, legal experts, offering a robust foundation for understanding InsurTech’s transformative impact.

To register and learn more about the course, interested persons can go to the Insurance Commission of The Bahamas’ website at https://www.icb.gov.bs/.

PHOTO CAPTION

Minister of Economic Affairs the Hon. Michael Halkitis brought remarks at the the launch of the Insurance Commission of The Bahamas six-week online program, known as the InsurTech Compliance, Innovation and Regulatory Practices (ICIRP) Course held at The Balmoral on Friday, January 24, 2025.  The Superintendent of Insurance, Dana Munnings-Gray spoke to the media about the course.

(BIS Photos/Llonella Gilbert)

Bahamas News

Twist To Win Ends in a Grand Style with Four $5,000 Mall at Marathon Shopping Sprees  

Published

on

Twist To Win grand finale winners (l-r) Brian Bethel, Taraceta Neely, Ashia Demeritte and Merlin Adams posing along with their winnings from the shopping spree.

NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers and distributors of Coca-Cola and Dasani products concluded their 10 weeklong Twist To Win campaign with four $5,000 Mall at Marathon shopping sprees.

The campaign which was available throughout the entire Bahamas allowed consumers to enter by purchasing a 20oz bottle with a yellow cap from the following brands: Coca-Cola, Coca-Cola No Sugar, Sprite, Fanta Orange, or Fanta Grape. Each yellow-cap had a unique alpha numeric code underneath which they submitted to the Twist To Win WhatsApp number.

With each qualifying purchase, participants residing in The Bahamas were entered to win instant prizes and into a grand prize draw to win one of four $5,000 shopping sprees at the Mall at Marathon.

Participants also enjoyed exciting instant prizes such as: Airpods, JBL Speakers, premium Coca-Cola merchandise, $500 Visa gift cards and Amazon, Spotify and Apple Music digital gift cards.

Out of 76,000 plus submissions, Brian Bethel, Ashia Demeritte, Merlin Adams, and Taraceta Neely won the coveted Mall at Marathon shopping sprees at the following select stores, Kelly’s House & Home, The Sports Center, John Bull, Brass & Leather, and BTC.

Leading up to the grand finale shopping spree, Coca-Cola hosted a Trivia Showdown with the eight finalists to determine the four winners. Finalists were tested on their knowledge of World History, Pop Culture, Caribbean Bottling Company and Coca-Cola Facts!

After a few rousing rounds of trivia, the four winners were declared after each winning their spot in the shopping spree by answering their questions correctly and choosing the “Grand Prize” Coca-Cola labeled bottles at random.

The morning of the shopping spree Coca-Cola gave the winners exclusive access to the Mall at Marathon and its participating stores before their usual operating hours. Grand prize winners were greeted with wide smiles from Coca-Cola brand representatives and morning bites before the big event.

At the start of the thirty-minute clock the grand prize winners along with each of their Coca-Cola shopping assistants ran to the various stores collecting items in their arms and carts.

Merlin Adams, a husband and father of four was proud to have executed his game-plan at the end of the shopping spree. With toys, a new phone and materials for his home from Kelly’s, Adams felt accomplished in what he gathered.

Taraceta Neely, a winner from Eleuthera collected beautiful bags for herself and relatives from Brass and Leather and Brian Bethel bought matching athletic and outdoor wear from The Sports Center for his family.

The final winner Ashia Demeritte bought linens and household items in addition to a new phone from BTC right in time for Christmas.

Caribbean Bottling Company is proud to share the real magic of Coca-Cola with the grand prize winners and the may instant prize winners across the Twist To Win campaign. For more updates on new products, promotions, and events follow www.cbcbahamas.com.

Continue Reading

Bahamas News

 The Coca-Cola Art Project Astonishes Art Lovers at The Bahamas Culinary & Arts Festival  

Published

on

NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers and distributors of Coca-Cola and Dasani products displayed their astonishing Coca-Cola Art Project (CCAP), during Baha Mar’s five-day Culinary & Arts Festival.                                                                                                                                                                              Earlier this year, Coca-Cola partnered with The University of The Bahamas’ Visual Art and Design Department for a culturally rich art competition. UB’s art students were challenged to create pieces surrounding the theme, Bahamian music.

As a result, 20 student works of art were made, with four students declared as winners at the CCAP exhibit opening in Baha Mar’s ECCHO: Art Gallery in August. To recreate the culturally stimulating magic felt at the exhibit’s premiere, the CCAP was featured at the FUZE Art Tent during The Bahamas Culinary & Arts Festival.

Nine incredible pieces of art lined the walls of the Coca-Cola Art Project, four of which included the winning pieces from Jhanaisia Cole, with ‘Gaulin Bride’; Alyssa Pinder, with ‘Shotgun Wedding’; Nelson Gray, with ‘Untitled’; and Jaela Bowe, with the piece ‘Whims of Obeah, a Folktail’.                                                                                                                                                                                                                     Additionally, an intimate listening room was built. It displayed students’ artistic processes, UB Visual Art and Design representatives, and a recap of the exhibit opening for audiences.

Art enthusiasts also enjoyed premium limited-edition CCAP keepsakes at the booth. Journals which featured a collage of all 20 student submissions on the front and back cover, postcards with an art piece on the cover along with the student’s name, title, dimension and materials on the back and pens designed with the CCAP’s dynamic logo.

Throughout the art festival diverse groups of people visited the art tent taking in the displays while enjoying the artistic insights from the listening booth.

Community and culture are always at the forefront of Caribbean Bottling Community, and it was boldly showcased during The Bahamas Culinary & Arts Festival for the third consecutive year.

For more details on the Coca-Cola Art Project, events and new products visit www.cbcbahamas.com today!

Continue Reading

Bahamas News

CWS Brings a Galore of Bubbles at Annual Jollification Festival  

Published

on

Caribbean Wines & Spirits team members smiling behind one of the company’s two bars at Jollification

NASSAU, Bahamas — Caribbean Wines & Spirits (CWS), The Bahamas’ premier wines and spirits distributor delighted Jollification attendees with bubbles from their Bottega and Bouvet Ladubay sparkling wines and Besserat de Bellefon champagne lines.

Located in the Monument Circle on The Retreat grounds, CWS transformed The Retreat Garden into a lush lounge with Besserat, Bouvet and their latest product addition, Bottega, during the two-day affair.

The festivities kicked off Friday during BNT Member’s Night. Guests enjoyed exclusive offerings from CWS’s catalogue, offered exclusively to members.  Complimentary mixes or glasses on the rocks included El Tequileno tequila, Hard Truth whiskey, House of Angostura rum, Cross Keys gin, Nemiroff vodka and a slew of wines such as Fonesca Bin, Bottega and Besserat.

Guests also savored the ‘Jolly Paloma’ cocktail, an instant favorite made with El Tequileno tequila, Schweppes Grapefruit and Domaine de Paris rose wine.  To end the night, guests were treated to branded limited-edition wine tumblers as keepsakes.

On Saturday and Sunday, Jollification attendees delighted in glasses or bottles of champagne and sparkling brut or rosé wines while taking in the comfort of the chic lounge.  In addition to purchasing bottles for onsite consumption, consumers were also able to purchase bottles as gifts whether for themselves or someone special.

The sophisticated “bubble lounge” lounge was decked with velvet couches, gold rimmed cocktail tables, blue and pink pillows, and a white floral branded backdrop created for capturing the perfect picture.

Caribbean Wines & Spirits, a historic partner of the Bahamas National Trust was pleased to support Jollification 2025 to kick off the festive season and share their expansive range of spirits.

To keep up to date with all CWS products and events, visit their website at www.cwsbahamas.com today.

Continue Reading

FIND US ON FACEBOOK

TRENDING