Pinnacle Insurance Brokers

What Pinnacle Insurance Brokers does

Pinnacle Insurance Brokers Jamaica Limited is a privately held, full-service insurance brokerage incorporated in Jamaica in January 2013 and headquartered at 7 Merrick Avenue, Kingston 10. The company operates under a Financial Services Commission license covering life, health, and general insurance, and additionally holds a facultative license enabling distribution of international life and health products not readily available domestically, including USD-denominated life policies with coverage up to $20 million.

Its product portfolio spans Motor, Home Owners, Business, Health, Life, and Travel insurance, with Life and Health available in both local Jamaican dollar and U.S. dollar variants. The corporate offering extends to employee benefits, property and equipment coverage, contract bonds (tender/bid, performance, mobilization), and liability protection. Pinnacle does not underwrite risk; it earns commissions from multiple insurance carriers on policies placed, supported by a commission-based financial advisor workforce delivering both telephone-based advisory services for individuals and field advisory for corporate and complex placements.

Distribution runs through a sales-led, direct-to-consumer and direct-to-enterprise model combining the company's website (with consultation booking calendars and downloadable brochures), active social channels (LinkedIn, Facebook, Instagram), and personalized advisor relationships. The firm serves both individual consumers and Jamaica's largest companies, with cited clients including Furniture Depot Limited and Lashings. Operations are single-country (Jamaica/Caribbean) with no disclosed M&A, funding, or parent-company relationships.

Name

Pinnacle Insurance Brokers

Legal name

Pinnacle Insurance Brokers Jamaica Limited

Website

https://pinnaclejm.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Pinnacle Insurance Brokers is a Jamaican-licensed insurance brokerage offering life, health, motor, property, corporate, and travel insurance in both JMD and USD to individuals and enterprises across Jamaica, operating on a commission-based multi-carrier distribution model.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

Keywords

• Insurance brokerage services
• Corporate insurance solutions
• Life insurance policies
• Health insurance coverage
• Property and motor insurance

Headquarters

HQ city

Kingston

HQ country

Jamaica

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Insurance Brokerage Commissions: The company operates as an insurance broker earning commissions from insurance carriers on policies sold. Financial advisors earn commission-based compensation with additional bonuses. Revenue is generated through commissions on life, health, motor, property, and corporate insurance products sold to clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Pinnacle Insurance Brokers is a licensed insurance brokerage operating in Jamaica, intermediating between multiple insurance carriers and clients to place personal and commercial insurance policies. The firm sells motor, home owners, business, health, life, and travel insurance under a Financial Services Commission license, with a facultative license extending access to international life and health products in both Jamaican and U.S. dollars. Revenue is generated through commissions received from carriers on policies placed by the firm's in-house team of financial advisors.

Product overview

Pinnacle Insurance Brokers is a full-service insurance brokerage providing comprehensive insurance services for both private and commercial clients in Jamaica. The company operates as a licensed insurance broker (licensed by the Financial Services Commission) offering a portfolio of core insurance products including Motor Insurance, Home Owners Insurance, Business Insurance, Health Insurance, Life Insurance, and Travel Insurance. These products are offered across two main categories: (1) Local coverage in Jamaican dollars for Jamaican market clients, and (2) International/U.S. dollar coverage for clients seeking global insurance solutions. The Life Insurance and Health Insurance products are available in both local (JMD) and international (USD) variants, with specific sub-products like U.S. Life Insurance offering coverage up to $20 million. Business/Corporate clients can access specialized offerings including Employee Benefits, Property and Equipment Coverage, Bonds and Guarantee products, and Liability Protection. The company also provides a Financial Advisor career opportunity for commission-based insurance sales professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Insurance Coverage for single motor vehicles or fleets of automobiles, providing quality coverage at competitive rates for personal or business use.
• Home Owners Insurance Protection for homes from natural disasters and accidents, covering what the company describes as the most precious and valuable asset against unexpected events.
• Business Insurance Comprehensive corporate insurance for businesses of all sizes, including employee benefits (group health and life), property and equipment coverage, bonds and guarantees (tender/bid bonds, performance bonds, mobilization bonds), and liability protection covering accidents, injuries, property damage, loss of profits, and medical expenses.
• Health Insurance Local and international health insurance coverage providing access to essential healthcare services, with plans available for families, individuals, prescription medication, and maternity benefits.
• Life Insurance Life insurance protection available in Jamaican or U.S. dollars, offering estate liquidity, wealth preservation, and tax-efficient wealth transfer through whole life, universal life, or term policies. The U.S. dollar variant provides stronger stability, global credibility, and inflation protection with coverage up to $20 million USD.
• Travel Insurance Coverage for work trips or vacations providing healthcare access outside the home country in case of illness or accident.

Quantifiable outcome

• Up to 20 million USD coverage available for U.S. dollar life insurance policies

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Insurance CarrierscoreOthersPinnacle Insurance Brokers works with multiple insurance carriers to provide a range of insurance products. As a licensed broker, they have relationships with various insurance carriers to offer life, health, motor, property, and corporate insurance products to their clients in Jamaica.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Jamaica National Insurance Brokers (JN Insurance): Jamaica's largest insurance brokerage, operating as part of the JN Financial Group, offering personal and commercial insurance products domestically. Directly comparable to Pinnacle in product breadth, client segments, and Jamaican market focus.
• Barita Insurance Brokers: Jamaican insurance brokerage and financial services group offering personal and commercial lines. Directly comparable to Pinnacle in product offering, client segments, and Jamaican single-market focus.

Broad incumbents

• Sagicor Life Jamaica: A major Caribbean life and health insurer and financial services group with Jamaican operations offering life, health, and group benefits. Comparable to Pinnacle's life and health brokerage lines, with a broader underwriting and asset-management footprint.
• Guardian Life Limited Jamaica: Established Jamaican life, health, and pension insurer with a long operating history in the Caribbean. Comparable to Pinnacle on life and health product offerings and Jamaica market presence, with incumbent scale advantages.
• Marsh (Marsh Jamaica): Global insurance brokerage and risk advisory firm with Caribbean operations. Comparable to Pinnacle on commercial insurance brokerage and risk advisory, though with significantly greater scale, carrier access, and specialty capabilities.
• Aon (Aon Jamaica): Global insurance brokerage and advisory firm with Caribbean and Jamaican presence serving large commercial clients. Comparable to Pinnacle on commercial insurance placement and risk advisory for enterprise clients in the same Jamaican market.

Regional players

• Massy Insurance: Caribbean-based insurance brokerage and underwriting arm of Massy Holdings, operating across multiple Caribbean territories. Comparable to Pinnacle as a multi-line insurance intermediary with regional reach, though it is substantially larger and geographically broader.
• CG Insurance (formerly CGM Gallagher Insurance Brokers): Caribbean-focused insurance and reinsurance broker with operations across multiple territories. Comparable to Pinnacle on insurance brokerage services in the Caribbean region, with a deeper specialty and reinsurance capability.
• Insurance Company of the West Indies (ICWI): Jamaica-headquartered general insurance carrier and broker offering motor, property, and commercial lines. Comparable to Pinnacle on personal and commercial general insurance in the Jamaican market, with an underwriting capability Pinnacle does not have.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/pinnacleinsurance.jm
• LinkedInlinkedin.com/company/pinnaclejm
• Instagraminstagram.com/pinnacle.jm

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pinnacle Insurance Brokers