Searchlight Logo
special_image

    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
NATIONAL INSURANCE SERVICES 19YEARS 1987 – 2006
Special Features
January 6, 2006

NATIONAL INSURANCE SERVICES 19YEARS 1987 – 2006

NIS makes strides in 2005

As the National Insurance Services celebrates its 19th year of service to the nation, Dr. Ralph Gonsalves in his review has stated that as Prime Minister and Minister with responsibility for National Insurance, he is pleased with the progress that this noble institution has made. {{more}}

The Prime Minister noted that he is encouraged by the strides that the NIS has made in financial management, administrative accountability and corporate governance.

“All this has been achieved in a global environment that is characterized by social and economic turbulence,” he outlined.

The Prime Minister acknowledged that the NIS has been a major player in the Government’s efforts to improve the quality of life for Vincentians. He said this has been demonstrated time and again in its continued involvement in the National Student Loan programme.

He also praised the NIS for its positive impact on poverty alleviation.

“As the NIS moves into its 19th year of operations, it will undoubtedly confront new challenges over which it has no direct control. I refer to issues such as demographic changes, technological advances and changes in the nature, structure and functioning of social security institutions and their product offerings,” said Dr.Gonsalves.

Meanwhile, Lennox Bowman, Chairman of the NIS, in his review describes the institution as the premier non-bank financial institution in St.Vincent and the Grenadines.

“The success of this institution can be attributed largely to prudent financial management, quality leadership at the level of the Board, and an efficient and effective management and staff,” said Bowman.

Bowman disclosed that through the years, the NIS has been making attempts to reach all categories of workers in St.Vincent and the Grenadines.These attempts, he noted, have been largely successful in the formal sector. He acknowledged that there was a marginal registration rate in the informal sector, approximating to just about nine per cent of total registration. And to combat the challenges in this area the board has created a Marketing Unit, where marketing officers were given the mandate to implement a marketing plan to deal with every aspect of social security.

There has been a slight increase of registration in the informal sector since then.However, the NIS will be placing greater emphasis on this area in 2006 and beyond.

  • FacebookComments
  • ALSO IN THE NEWS
    12 left homeless in mid-day fire at Richland Park
    Front Page
    12 left homeless in mid-day fire at Richland Park
    Webmaster 
    September 5, 2025
    A fire that destroyed a multi-family complex in Richland Park over the weekend has left at least 12 people homeless, including a 23-year-old mother of...
    PM responds to US military strike on small boat off Venezuela
    Front Page
    PM responds to US military strike on small boat off Venezuela
    Webmaster 
    September 5, 2025
    Prime Minister, Dr Ralph Gonsalves has responded to reports by the United States administration that its military had carried out the bombing of a boa...
    Building material disappear from the Mary Hutchinson Primary School
    Front Page
    Building material disappear from the Mary Hutchinson Primary School
    Webmaster 
    September 5, 2025
    Police investigators on Union Island are said to be looking into the “disappearance” of building materials that were sent to the Southern Grenadine Is...
    What’s new at Fitz Hughes Government School?
    Front Page
    What’s new at Fitz Hughes Government School?
    Webmaster 
    September 5, 2025
    by Grace Francis After sharing a small space for over a year, children and teachers at the Fitz Hughes Early Childhood Centre went into brand new prem...
    MRI-6 donates over $70,000 for school meals for vulnerable students
    Front Page
    MRI-6 donates over $70,000 for school meals for vulnerable students
    Webmaster 
    September 5, 2025
    Several secondary schools and special needs institutions across St Vincent and the Grenadines (SVG) have received $5,000 donations towards meals for s...
    Minister of Information Technology  emphasises the importance of Cybersecurity
    News
    Minister of Information Technology emphasises the importance of Cybersecurity
    Webmaster 
    September 5, 2025
    Robust cybersecurity must be at the heart of the digital transformation that is currently taking place in St Vincent and the Grenadines (SVG) says Min...
    News
    Minister of Information Technology  emphasises the importance of Cybersecurity
    News
    Minister of Information Technology emphasises the importance of Cybersecurity
    Webmaster 
    September 5, 2025
    Robust cybersecurity must be at the heart of the digital transformation that is currently taking place in St Vincent and the Grenadines (SVG) says Min...
    Entities team up to boost disaster communication capacity
    News
    Entities team up to boost disaster communication capacity
    Webmaster 
    September 5, 2025
    The Climate Change Resilience Network (CCRN) in collaboration with the Youlou Radio Movement (YRM) recently embarked on a disaster preparedness initia...
    Ministry of Health to get more dialysis machines
    News
    Ministry of Health to get more dialysis machines
    Webmaster 
    September 5, 2025
    The Ministry of Health, Wellness and the Environment, is to obtain three more Heamodialysis machines as part of the revolution in the healthcare secto...
    PM Gonsalves heads delegation to Ethiopia
    News
    PM Gonsalves heads delegation to Ethiopia
    Webmaster 
    September 5, 2025
    Prime Minister, Dr Ralph Gonsalves, is leading a delegation to the East African country of Ethiopia; the delegation left the state on Wednesday, Septe...
    New Port to be opened on October 24- PM Gonsalves
    News
    New Port to be opened on October 24- PM Gonsalves
    Webmaster 
    September 5, 2025
    The modern port in Kingstown is expected to be handed over to the government just before this country celebrates its 46th anniversary of political ind...

    E-EDITION
    ePaper
    google_play
    app_store
    Subscribe Now
    • Interactive Media Ltd. • P.O. Box 152 • Kingstown • St. Vincent and the Grenadines • Phone: 784-456-1558 © Copyright Interactive Media Ltd.. All rights reserved.
    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok