New York-based insurance brokerage firm The Carmoon Group, Ltd. has just announced the opening of a new branch in Santo Domingo, Dominican Republic. Opened August 1, 2017, the new location will offer commercial insurance and business lending solutions throughout the Caribbean, including the islands of Barbados, Cuba, Dominican Republic, Grenada, Jamaica, Puerto Rico. St. Lucia, and Trinidad and Tobago.
Founded in 2002, The Carmoon Group is a highly respected member of New York’s insurance community. Led by President and Chief Executive Officer Bryant Arthur, Carmoon currently provides financial services to businesses in a wide variety of niche industries, including construction, real estate, healthcare, transportation, hospitality and nonprofit. The company is also in the process of launching two tailored insurance programs servicing the Medical Marijuana and Drone (UAV) industries, which should be rolled out shortly.
“By expanding our operations to the Caribbean, we hope to continue our long tradition of providing qualified, eligible businesses with the best financial products available at the most reasonable price,” said Floyd Arthur, Founder and Board Chairman of The Carmoon Group. “We’re excited to bring our long history of value, integrity and superior customer service to this burgeoning new marketplace.”
Carmoon’s office in the Dominican Republic will also offer Caribbean entrepreneurs and established business owners access to the Small Business Capital Growth Program through Carmoon Financial Partners, a subsidiary of The Carmoon Group.
“The Small Business Capital Growth Program is designed for small and medium-sized businesses for whom access to capital is often challenging,” Bryant Arthur explains. “We currently work with a wide network of lenders throughout the United States and will be partnering with funding sources throughout the Caribbean in the coming months.”
To learn more about this exciting new venture, please contact:
Paola Jorge, Marketing
Carmoon Group DR
Santo Domingo, Dominican Republic