Local policyholders who were part of the British American Insurance Company (BAICO) in Guyana, are being asked to contact the company as it is preparing to formally close operations and make payouts to those persons owed.
BAICO is a subsidiary of CLICO’s parent company, CLF which needed to be bailed out by the Trinidad Government in 2009.
“Notice is hereby given to the individuals shown below that they are required to contact the Judicial Managers of BAICO with respect to the policies issued by the Guyana branch, using details below,” a notice in last week Stabroek News from The Bahamas-headquartered BAICO stated, listing some 26 persons.