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British-American Insurance Company (In Judicial Management) (“BAICO”)

BAICO
Judith G. Veira, company Director of Trinity Consulting Ltd, has been appointed by the Supreme Court of The Commonwealth of The Bahamas (“the Court”) as the Judicial Trustee (“the JT”) of the assets of BAICO’s Employee Pension Plan (“the Plan”). The effective date of the appointment is September 23rd, 2020. 
 
As required by the Court, the JT will provide information to former members of the Plan concerning the distribution of the Plan’s assets. Notices will be posted as and when there are developments and further information to be provided. It is recommended that as a former member of the BAICO Pension Plan, you subscribe to receive an e-mail notification of any updated information.

The information on this site is for the sole purpose of updating the eligible former members and eligible beneficiaries of the British-American Insurance Company Limited Employee Pension Plan (“Plan”) on the progress made to date in relation to the distribution of the Plan’s assets, as required by the Judicial Trustee. In the event that the information on this site is used by any other person, any such party relying on the information does so entirely at their own risk, and shall  have no right of recourse against the Judicial Trustee (“JT”), Trinity Consulting Ltd., its affiliated entities and their partners, directors, employees, professional advisers or agents. 

British-American Insurance Company (In Judicial Management) (“BAICO”)

As the Judicial Trustee for the assets of the British-American Insurance Company (“BAICO”) Employee Pension Plan, TCL will provide information to former members of the  Employee Pension Plan (“the Pension Plan”)concerning the distribution of the Plan’s assets, as required by the Court appointed Judicial Trustee.

Notices will be posted as and when there are developments and further information to be provided. It is recommended that as a former member of the BAICO Pension Plan, you subscribe to receive an e-mail notification of any updated information.

The BAICO information on this site is for the sole purpose of updating the creditors on the progress made to date in relation to the judicial management of British-American Insurance Company Limited (In Judicial Management). In the event that the information on this site is used by any other person, any such party relying on the information does so entirely at their own risk, and shall  have no right of recourse against the Judicial Manager (“JM”), KPMG, its affiliated entities and their partners, directors, employees, professional advisers or agents.  For the avoidance of doubt, neither the JM, KPMG, its affiliated entities and their partners, directors, employees, professional advisers or agents accept any liability or assume any duty of care to any third party (whether it is an assignee or successor of another third party or otherwise) in respect of this site or the information contained thereon.

BAICO Notices & News

BAICO: Letter for Fourth Year Anniversary Report

BAICO: Letter for Fourth Year Anniversary Report

November 23rd, 2024  Dear BAICO Pension Plan Member:  Re: British-American Insurance Company (“BAICO”) Employee Pension Plan  In compliance with the Appointment Order of the BAICO-Judicial Trustee (also referred to as  “BAICO-JT”), clause 5(m), I am providing you with a progress report titled “Fourth Year  Anniversary Report” (hereinafter referred to as the 4th Report). Follow the […]

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BAICO: Letter for Third Year Anniversary Report

BAICO: Letter for Third Year Anniversary Report

February 1st, 2024   Dear BAICO Pension Plan Member:   Re: British-American Insurance Company (“BAICO”) Employee Pension Plan   In compliance with the Appointment Order of the BAICO-Judicial Trustee (also referred to as  “BAICO-JT”), clause 5(m), I am providing you with a progress report titled “Third Year  Anniversary Report” (hereinafter referred to as the 3rd Report). Follow the […]

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Letter to Regulators to Assist in Sourcing Missing E-Mail Addresses

Letter to Regulators to Assist in Sourcing Missing E-Mail Addresses

June 19th, 2023  BY E-MAIL  Addressed to the Insurance Regulator of Each Territory  Dear Insurance Regulator:  Re: British-American Insurance Company (“BAICO”) Employee Pension Plan  In my capacity as the Judicial Trustee for the BAICO (In Judicial Management) Pension Plan, I  am requesting your assistance in sourcing contact information, preferably an e-mail contact, for certain former pension plan members.  For purposes of […]

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Letter to Certain Members to Source Outstanding E-Mail Address

Letter to Certain Members to Source Outstanding E-Mail Address

March 21st, 2023  Dear BAICO Pension Plan Members:  Re: British-American Insurance Company (“BAICO”) Employee Pension Plan  This letter serves to notify you that pursuant to an Order of the Supreme Court of the  Commonwealth of The Bahamas In the Matter of British American Insurance Company Limited  (In Judicial Management) and In the Matter of The Insurance Act (Chapter […]

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