Caribbean Insurance Market

Goals

In order to gain a better understanding of the Caribbean insurance market to develop a new software, determine the outlook, key players, innovative players, and customer acquisition strategies for Caribbean insurance companies. Specific countries of interest include the Bahamas, Barbados, Belize, the Dominican Republic, Guyana, Haiti and Jamaica.

Early Findings

Bahamas

Outlook
  • The Bahamian insurance market is still recovering from Hurricane Dorian, and the market outlook is still unclear.
Key Players
  • Key players in the Bahamian Property & Casualty (General) insurance market include Bahamas First General Insurance Co. Ltd., Caribbean Alliance Insurance Co., Insurance Company of the Bahamas Ltd., Insurance Company of the West Indies (Bahamas) Ltd., NAGICO Insurance (Bahamas) Ltd., RoyalStar Assurance Ltd., Security & General Insurance Co. Ltd. and Summit Insurance Co. Ltd.
  • Key players in the Bahamian Life & Health insurance market include Atlantic Medical Insurance Co. Ltd., BF&M Insurance Co, BAF Financial & Insurance (Bahamas) Ltd., Colina Insurance Limited., Family Guardian Insurance Co. Ltd., Generali Worldwide Insurance Company Ltd. and New Providence Life Insurance Company.
Innovative Players

PROPRIETARY RESEARCH AVAILABLE

We found some proprietary research from one of our data partners which may be helpful:


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Proposed next steps:

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