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NIB to present at BICA’s Upcoming SMP Seminar

NIB to present at BICA’s Upcoming SMP Seminar

5/14/2025 5:42:51 AM
The National Insurance Board is proud to partner with the Bahamas Institute of Chartered Accountants at its Small-to-Medium Practitioner (SMP) seminar under the theme, “Building A Successful Business In The SME Space.” This event is scheduled for Thursday, May 15, 2025 from 8:00 a.m. – 5:30 p.m. at the Margaritaville Resort. 

NIB’s featured presenter, Mrs. Jemma Roache, Acting Manager of the Compliance Department & Inspectorate Unit, will discuss how to remain compliant in your business (i.e. registration, contribution calculations and insurable wage ceilings, and contributions on gratuity payments for those in applicable industries). 

We will also have representatives available to provide live demos, assist with ESS and C10 Mobile App sign-ups, and answer all your compliance questions. See event flyer for more details.


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NIB Compliance Press Release
3/11/2009 12:00:00 AM
As was reported in the local media recently, the National Insurance Board (NIB) is increasing its review of the contribution accounts of delinquent employers and self-employed persons in order to ensure compliance with the National Insurance Act (the Act).
The National Insurance Board
3/2/2009 12:00:00 AM
As of March 2, 2009, all claims submitted for short-term benefits by employed persons (i.e., persons who have bosses) must be accompanied by an Employers Certification form (Med 4). The new Med 4 form is a single- sheet addition to the Med 1, Med 1A and Med 2 forms. It requires the employer to certify that an employee is/was/will be off from work for the period stated.
Press Response on clear policy
2/2/2009 12:00:00 AM
The National Insurance Board’s (NIB) primary objective, as mandated in the National Insurance Act, continues to be providing income-replacement for workers when they are unable to work. To deliver on this income-replacement promise to workers of The Bahamas, NIB collects contributions from self-employed persons and from employers on behalf of employees.