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ICD Reshapes Corporate Structure, Drops Holding Company

“It’s just a tidying up of the structure and making the operation less costly,” Matalon, the principal and chairman of the ICD Group, told the

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WIHCON Returns To Mona Five Decades Later

West Indies Home Contractors (WIHCON) will be investing close to J$1 billion on two residential developments in Mona, with an eye on the homebuyer market

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BCIC, VM Insurance Merger On Track

Sabrina Gordon, Business Reporter The deal to merge British Caribbean Insurance Company (BCIC) and Victoria Mutual Insurance Company (VMIC) has been finalised, with the Matalon-controlled

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BCIC, VM Insurance Merger On Track

The deal to merge British Caribbean Insurance Company (BCIC) and Victoria Mutual Insurance Company (VMIC) has been finalised, with the Matalon-controlled ICD Group now owning

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ICD To Buy VM Insurance

The ICD Group is in negotiations with Victoria Mutual Building Society to buy its insurance subsidiary, but the Matalon-owned company said it would divulge no


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ICD acquires balance of shareholding

ICD Group Holdings Limited (ICD Group) announces its purchase of the balance of 50% shareholding in both Advantage Communications Inc (ACI) and ADV Communications Jamaica Ltd (ADV) previously owned by its Canadian-based partners. ICD Group is now the sole shareholder and has retained Kent MacPhee in the position of Chairman of both companies. Peter Melhado, CEO of ICD

ICD Looks To Overseas Markets

Armed with cash from the recent liquidation of an investment holding, and with the sale of at least one other subsidiary pending, the ICD Group is pumping more funds into overseas investments, where president and CEO Peter Melhado says an increasing share of the diversified business’ future growth will come from. Since the sale of

St Andrew Legacy Golf Classic

The ICD Group and British Caribbean Insurance Company (BCIC) have committed their support as lead sponsors for the fifth staging of the St Andrew Legacy Classic Golf Tournament for men, women and juniors on Saturday, October 26, 2019 at Caymanas Golf Club. The ICD Group is a third-time supporter of the annual St Andrew High