Guardian Life sets up shop

Guardian Life, one of the Caribbean’s largest life insurance companies, last night formally inaugurated its operations in Belize. While the Trinidad based company begins its involvement here after purchasing the portfolio of Mutual Life, a Jamaican insurer which became insolvent, its executives explained that it will quickly seek to expand the company’s operations. At a press breakfast this morning Guardian Holdings Executive Director Dr. Terrence Farrel cited the Belizean economy’s strong growth rate and potential for development as reasons for his company’s decision to aggressively pursue investments and marketing opportunities. Guardian’s Belize office will be headed by Sandra McKay and a staff, which consists entirely of females. When asked about the unusual situation, McKay told reporters that there was probably room for a few good men in her organisation and said she would welcome applications.