The Maritime Financial Group provides an umbrella of specialized financial services that satisfy the diverse financial needs of existing and prospective Clients.
Maritime’s highly trained team of Financial Advisors and Team Members ensure that our Clients are guided to select the best solution for life’s circumstances, including individual and group life insurance, annuities, commercial and personal lines of general insurance, finance, trust and leasing services, and most recently retail services.
We are committed to adding value to our Clients’ lives through a total service experience that delivers fully integrated innovative financial, retail, and property solutions.
We will secure the well being of our Team Members and Equity Providers by conducting our business in a profitable, professional, ethical, and caring manner.
We will provide dynamic leadership in the economic and social development of our communities and our nation.
HIGHLIGHTS OF OUR HISTORY
1961Establishment of Maritime’s presence in T&T1961 marks the establishment of Maritime’s presence in the Trinidad and Tobago financial market. Maritime Life Assurance Company of Halifax (Canada) commences business through a Branch operation.
1971Maritime Life (Caribbean) Limited is incorporated as a local subsidiary
1972Maritime Life opens its doors for business
1975Maritime Life expandsMaritime Life expands and acquires Maritime Life Property Development Company Limited. Maritime Life Property Development Company Limited is subsequently renamed Keystone Property Developers Limited and undertakes large scale commercial property development.
1977Maritime Life becomes the first foreign life insurance company to be locally controlledMaritime Life becomes the first foreign life insurance company to be locally controlled, with 74.2% of the company’s shares owned by nationals.
1978Maritime INA is incorporated in partnership with the Insurance Company of North AmericaMaritime INA is formed as a joint partnership between Maritime Life and the Insurance Company of North America. Eventually, Maritime Life becomes the major shareholder of the company and the name is changed to Maritime General Insurance Company Limited. Maritime Life now owns 100% of Maritime General.
1981Maritime Residences Limited was formed
1983Maritime Life becomes a totally locally owned insurance company1983 marks a very important year in the company’s life as Maritime Life Assurance Company sells the balance of its holding, passing total ownership into the hands of nationals of Trinidad and Tobago.
1985Maritime Leasing Company Limited is establishedMaritime Leasing Company Limited, another subsidiary, is established to specialize in the financing and leasing of equipment to corporate citizens. The first payment of dividends to Maritime Life shareholders is made in this year.
1988The Maritime Financial Group is establishedThe Maritime Financial Group is established. This solidifies the direction in which the company has been moving over the years, and is in keeping with its corporate mission – to provide complete financial services to all spheres of the community on a sound and economically feasible basis.
1989Fidelity Finance and Leasing Company Limited becomes operationalFidelity Finance and Leasing Company Limited, whose primary focus is lending and medium and long term investment planning, begins operating as a financial institution licensed under the Financial Institution Act 1979.
1998Nettletons Limited becomes operationalNettletons Limited, a subsidiary handling the Group retail operations, trading as Food Giant Supermarket begins operations. The Maritime Centre in Barataria is opened and the Corporate Offices of the Group are relocated from Chancery Lane in Port of Spain.
1999Four new Branches open1999 marks the establishment of the Chaguanas, Marabella, Tobago and San Fernando Financial Services Centres.
2005Two new Branches openNorth East and North West Financial Services Centres are established in the Maritime Centre.
2008 to presentThe South Regional Centre opensThe South Regional Centre on Cipero Street San Fernando opens, which houses the relocated San Fernando Service Centre and the Point Lisas Branch operations.