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Earl Moore to retire on Dec 31
Sunday, October 18, 2009
Earl Moore, president and CEO of Guardian Life, is retiring from the company effective December 31 2009, parent company Guardian Holdings announced on Friday.
Moore... well respected in the insurance industry
Moore will be replaced by Guardian Life senior vice- president and director, Eric Hosin.
The Guardian Holdings board said in a press release that Moore made a request to proceed with his retirement.
"The Boards of Directors of Guardian Holdings Limited and Guardian Life Limited wish to publicly acknowledge Mr Moore's contributions. We thank him for his dedicated service and wish him well in the next phase of his life," said the release.
Moore has been the president and CEO of Guardian Life since the life insurance company commenced operations in Jamaica in 1999. Moore has been in the industry for almost 40 years and has held several executive positions within the industry.
He is the current President of the Life Insurance Companies Association an industry lobby group consisting of heads of companies. He is also a vice-president of the Caribbean Association of Life Insurance Companies.
The Guardian Life president has also copped a number of top industry awards, having been named Rookie and Man of the Year and qualifying for the prestigious Million Dollar Round Table, after only a few months of joining the sales force back in 1972 at the now defunct Mutual Life. In the following year, he was again named Man of the Year.
During his 30-year stint at Mutual Life, as a branch manager, he led his branch to cop the enviable Branch of the Year award for 10 consecutive years.
He also served as vice-president, sales and marketing at that organisation.
In 1998, he was asked by Guardian Life of the Caribbean to spearhead the acquisition of the failed portfolios of Mutual Life, Crown Life, Horizon and Dyoll, a process that was successfully negotiated, with Guardian Life Limited entering the Jamaican market in July, 1999.
In 2002, Guardian broke a seven-year industry record by settling a total of $529.3-million annualised premium income, the highest amount ever settled by any one life insurance company in the 200-year history of the Jamaican insurance industry.
In 2004, he was the only Jamaican and one of two persons to be inducted in the first-ever Caribbean Association of Insurance and Financial Advisors Hall of Fame.
Guardian Life revenues for 2008 climbed to over $8 billion, representing a 25 per cent increase over 2007, which the company said reflected an increase in traditional market share by 1.4 per cent to 38 per cent during 2008. Sagicor Life Jamaica claims the lion share of the island's life insurance market
<span style="font-weight: bold">gwane tru Eaarl..well done...mi memba wen mi fuss meet n deal wid Earl..mi use fi alternate between attending St Judes Anglican in Stony hill n Disciples of Christ....Earl was big in the CYF of Disciples of Christ wid Rev Richmond Nelson etal..big bwoy to us still but memba wen him go into insurance n join roundtable due to how much him sell etc..gwane tru Earl...
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