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Ruben Veerasamy's New Role with the Insurance Association of the Caribbean

On September 11, 2025, a significant announcement emerged from the Insurance Association of the Caribbean (IAC). Ruben Veerasamy, an esteemed insurance expert associated with Equisoft, has officially joined the board of IAC. This development was revealed during the IAC's 43rd Annual Insurance Conference held in Panama, a notable gathering for stakeholders in the Caribbean insurance sector.

A Welcome Addition to the Board

The board of IAC expressed their enthusiasm about Ruben’s addition to their ranks. Patrick G. W. Ward, the president of IAC, stated, "We are pleased to welcome Ruben as our new board member. With over 20 years of extensive experience in the industry, we believe he will significantly contribute to IAC’s mission of advancing the Caribbean insurance sector."

Ruben brings a unique blend of technical knowledge and strategic leadership to the board. In his current role overseeing sales, project delivery, and account management in the Caribbean, he has already assisted 18 Caribbean insurance companies in modernizing their systems. His hands-on experience in guiding insurance firms through complex digital transformations ensures that optimal solutions are delivered on schedule and within budget.

Commitment to Advancing the Insurance Sector

Ruben expressed his appreciation for the opportunity to join IAC’s board. "I am deeply honored to become part of the IAC board. I look forward to contributing to the advancement of the Caribbean insurance sector," stated Ruben Veerasamy, who holds the title of Senior Vice President at Equisoft. He believes that partnering with IAC aligns with Equisoft’s global mission to make financial services accessible for everyone through innovative technologies and sector collaborations.

About the Insurance Association of the Caribbean

The IAC was founded by a visionary group of leaders from Jamaica, Trinidad and Tobago, Guyana, and Barbados. Their goal was to prepare the local insurance sector for future challenges. IAC focuses on promoting and advancing the Caribbean insurance sector through research, education, and advocacy, aiming to create a platform for regional harmonization and integration.

About Equisoft

Established in 1994, Equisoft is a leading global provider of digital insurance and investment solutions. Recognized as a valuable partner by over 300 major financial institutions worldwide, Equisoft offers a complete ecosystem of solutions, spanning from innovative client-side applications to comprehensive administrative management services. Their flagship products include SaaS policy administration, CRM software, financial need analysis, financial planning, asset allocation, and electronic applications, among others.

Equisoft's entrepreneurial approach, deep sector knowledge, and innovative technology enable their clients to overcome any challenges faced in the current era of digital transformation. For further information, visit Equisoft’s website.

Conclusion

Ruben Veerasamy’s joining of IAC's board is a significant move towards the modernization and advancement of the Caribbean insurance sector. With his proven expertise and commitment, the IAC is set to navigate the evolving landscape of insurance in the Caribbean, adapting to the demands of an increasingly digital world.