Bridgetown.
Deloitte Consulting has been appointed judicial manager of CLICO International Life Insurance Limited by the Supreme Court of Barbados.
Patrick Toppin, the Managing Partner of Deloitte Barbados and Oliver Jordan, Partner and CEO of Deloitte Consulting wiil take immediate control of the company, and will be responsible for assessing it's financial position and report back to the Court.
The judicial manager has made it clear that the operations and coverage of CLICO existing policies remain in effect, subject to premiums on such policies continuing to be paid by policyholders.
In addition,the judicial manager stated that that CLICO offices remained open and policyholders could continue to make payments in the normal manner.
