our History
J. JARAMILLO INSURANCE
Headquartered in San Juan, Puerto Rico and registered under the laws of the Commonwealth of Puerto Rico, J. Jaramillo Insurance (JJI) was founded in 2009 by Mr. Juan J. Jaramillo-Medina and an executive team with over 100-years of combined experience in the insurance industry: María Alejandra Valona, Ana ‘Chiqui’ Pérez and María Silvia Vargas.
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AN EXCEPTIONAL BEGINNING
After a considerable period of monitoring global insurance trends and analyzing the local market, Mr. Jaramillo knew that Puerto Rico did not need another “traditional” managing general agent. Taking advantage of sudden opportunities presented even in a year known as one of the most financially challenging to this generation, JJI was able to evolve based on establishing relationships, offering an array of non-traditional services, and writing 100% of its premiums from business that comes from its independent agents and brokers, in other words, no direct business. This provided the foundation for the identity established early on and the creation of the business model that has driven JJI forward.
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GROWTH BUILT ON QUALITY
Today the firm has expanded through the principles of service with integrity and commitment to quality. In spite of strong competition, the firm has grown both organically and through strategic alliances to establish itself as the largest independent insurance managing general agent in Puerto Rico, staffing over 40 specialists that manage the capacity of key admitted insurers in the territory. As JJI’s founder emphasizes: “When it comes to placing a risk, we want to be known as the ‘Lloyd’s of London of Puerto Rico’. No risk will leave our firm unplaced.”
PROFILE
CORPORATE
J. Jaramillo Insurance (JJI) is a leading, independent insurance Managing General Agent focusing on the delivery of innovative solutions through strategic alliances with primary insurance carriers and a select group of insurance agents and brokers that share its corporate values.
The firm’s strengths are its precise process design and execution, its strict corporate and fiduciary code of conduct and its qualified and diverse risk-analysis professionals with deep technical expertise, international experience and high standards of business integrity.
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AN INNOVATIVE LOCAL FIRM WITH GLOBAL PERSPECTIVE
JJI is fluent in the language of negotiating positive results for its partners. The firm’s core skills are staying ahead of market trends and providing insight on operating principles and competitive demands to its agents and brokers, always rendering strong and consistent risk analysis, service excellence and efficiency. It specializes in three major areas: Property & Casualty, Surety & Construction and Product Development & Actuarial Services.
JJI handles a variety of insurance products and services that, together with its history of service, past record of success, claim handling efficiencies and impressive client list, have contributed to carve its business model and enhance its opportunities in an ever-changing global economy.
VISION - MISSION
& VALUES
VISION
J. Jaramillo Insurance is an independent insurance Managing General Agent.
We want to be known for our integrity, capacity and diverse array of services where our commitment to excellence guarantees growth, longevity and financial success.
Our purpose is and will be to provide peace of mind and confidence to our insureds through our agents & brokers for the benefit of society.
MISSION
Driven by our willingness to serve and satisfy the needs of our society, we offer a broad variety of products in insurance, bonds, actuarial services, surplus lines and reinsurance delivered through the experience and deep technical knowledge of our team.
We optimize our resources and markets to obtain the best terms and conditions for our clients through efficient processes and insightful risk analysis.
Our strict and continuous compliance with our corporate and fiduciary responsibilities keeps contributing to the solid support of the companies we represent. Always acting with a real sense of purpose and focused on the security that being well covered provides.
Values
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Integrity: Honesty, non-negotiable, is who we are, what we do and how we do it.
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Respect: Empathy and elegance in our dealings. We value our personal and professional relationships.
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Commitment: Passion to serve. We skillfully and consistently comply with our moral and contractual agreements.
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Quality: Our pride! Services and resources that consistently generate successful results