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NIB Welcomes New Director

NIB Welcomes New Director

9/7/2016 10:51:19 AM

Ms. Renae McKay, Chairman of the National Insurance Board, is pleased to announce the appointment of  Ms. Patricia Hermanns to the post of Director of the  National Insurance Board (NIB) with effect from September 1, 2016.  As Director, Ms. Hermanns is the CEO of NIB and heads the Executive Management team responsible for the day-to-day operations of the social security organisation.

Ms. Hermanns is a former banking and insurance executive with more than 30 years’ experience in the financial services sector.  She is credited with managing corporate transitions for greater efficiency and effectiveness, and successfully launching new life and health insurance as well as investment products and services.

 

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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.