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National Insurance Institute

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The National Insurance Institute ( Instituto Nacional de Seguros or INS ) is an autonomous institution, which was responsible for Costa Rican insurance monopoly in that country until 2008, when insurances were opened to a competitive market.

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7-634: The agency offers to all people in Costa Rica a wide range of insurance products and services in addition to projecting a strong social benefit programs to people in many different fields. With close to 100 years of existence, the National Insurance Institute has an obligation to meet the insurance needs of its customers. In addition to selling insurance, it has managed the Fire Department, health services and has joined

14-861: A US insurance brokerage firm headquartered in Chicago , admitted violations of the Foreign Corrupt Practices Act (FCPA) in relation to funds that Aon Corporation had provided to INS officials between 1997 and 2005 for expenses which were not related to a legitimate business purpose, such as travel with spouses to overseas tourist destinations. This Costa Rica -related article is a stub . You can help Misplaced Pages by expanding it . Ricardo Jim%C3%A9nez Oreamuno Romualdo Ricardo Jiménez Oreamuno (February 6, 1859 – January 4, 1945) served as president of Costa Rica on three occasions: 1910–1914, 1924–1928 and 1932–1936. The son of two-time president Jesús Jiménez , Ricardo Jiménez

21-549: A network of medical facilities throughout the country. It was created by Act No.12 of October 30, 1924 with the aim of meeting the protection needs of Costa Rican society. Some of the most renowned statesmen of the period were responsible for its creation including Ricardo Jiménez Oreamuno , President of the Republic on three occasions and Tomás Soley Güell , Secretary of Finance and Commerce, in his third administration. It began operations as Bank Insurance and in 1948 changed

28-505: The name to National Insurance Institute. During the period 1999 and 2002 the insurance broker, PWS International Ltd made 41 corrupt payments totalling $ 1,982,231 to officials employed by INS and the national electricity and telecommunications provider Instituto Costarricense de Electricidad (ICE). As a result, in 2010 a PWS executive was imprisoned in the UK for his part in authorising the corrupt payments. In December 2011, Aon Corporation ,

35-516: The political scene for four years. He was again elected President in 1932. During his last term in office he concentrated on the country's infrastructure and educational system. He built several large buildings for school housing, improved and built new roads throughout the country and constructed an aqueduct system that started in the central valley at Ojo de Agua that flowed into the Pacific Ocean at Puntarenas . During his administration,

42-512: Was one of the best known lawyers in Costa Rican history and a University of Santo Tomás graduate. Shortly before assuming power in 1910, the province of Cartago was hit by a powerful earthquake which destroyed most of the city and killed hundreds. One of his main struggles was the rebuilding of the biggest city in the country at the time. After the earthquake, Jiménez outlawed construction with adobe . Another notable aspect of his first term

49-681: Was the consolidation of the country's external debt with a great part of the debt owed to France being repaid. During his second term in office, he created the National Insurance Bank, The Bank of Mortgage Credit, the School of Agriculture and founded the Ministry of Health. He also began the electrification of the Pacific railway system and the creation of the Pacific port of Puntarenas . After his second term, he stepped away from

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