NAGICO Insurance (Trinidad and Tobago) Limited opened its doors to customers on October 4th 2011, through the acquisition of GTM Insurance Company. The financial strength and footprint of NAGICO Insurances, the largest privately owned General Insurance provider in the Caribbean, has developed significantly over the years in line with the shareholders’ vision, the Group’s commitment to its policyholders and excellent Management Team.
Our operations, which are predominantly intermediary driven, create significant opportunities, not only for NAGICO Insurances but also for you, our valued customers and intermediaries as well as those yet to join our network. Our diverse product line and ability to automatically write up to $134 Million for any single Property Risk are some of the ways in which you can benefit from doing business with us. This is testament to the confidence placed by our reinsurers in our underwriting capabilities. Additionally, over the years, NAGICO has paid billions of TT dollars in claims, resulting from some of the largest storms the region has seen, inclusive of the recent hurricanes (Irma, Maria and Dorian).
In Trinidad, our dedicated professional team and network of intermediaries are committed to ensuring that we provide you with products that best suit your needs, coupled with exceptional customer service. Led by General Manager, Ms. Sharon Melville, the local Management Team has embraced the Group’s vision for profitable growth, sustainability and the delivery of pristine service.
NAGICO Insurances is much more than an insurance company. We pride ourselves on being a part of the fabric of the communities within which we operate; and we embrace our obligation to be socially responsible as evidenced by our dynamic sponsorships and donation programmes. We are proud of our contribution towards education; and through distribution and utilization of funds, we pride ourselves on having helped to build communities and community spirit in the 21 territories where we operate.
NAGICO Insurances is a holistic Group of Companies whose mission is to provide clients with exceptional value through the friendliest of service, competitive and innovative insurance products, fast and fair claims settlement, sound financial practices and strong community-mindedness. This is “The NAGICO Way.”
1 group, 21 territories / $1.5 billion in equity / $2.4 billion in total assets for property and casualty business / $1.4 billion gross written premium for property and casualty business / Diversified portfolio of business: 17 product lines offered group-wide including health and life in selected territories / impressive bench of reinsurers; all A- rated or higher by AM Best/Peak Reinsurance Company Limited (A-Excellent rated) because a NAGICO shareholder in 2016.
A.M. Best Upgrades NAGICO’s Issuer Credit Rating
NAGICO’s leadership in catastrophe claims management affirmed as voted #1 insurance company for the 12th year in a row in St. Maarten Philipsburg, Sint Maarten – February 7, 2019 – NAGICO Insurances, a diversified insurance group serving 21 territories in the Caribbean, is proud to…
February 12th, 2019
NAGICO and Swiss Re-sign reinsurance treaty renewal at sea
The NAGICO Group and Swiss Re have renewed their Excess of Loss (XoL) reinsurance treaty with symbolic signing 1,500 miles from land on a boat in the Atlantic Ocean. The treaty, which became effective on 1 January 2019, was signed by Cameron Parker, Head of…
February 12th, 2019
NAGICO Group-sponsored rowing team begins 3,000 mile row across Atlantic Ocean
With support from NAGICO, Atlantic Discovery team rows from the Canary Islands to Antigua to raise money to fight Multiple Sclerosis (MS) Four-man rowing team Atlantic Discovery commenced The Talisker Whisky Atlantic Challenge Wednesday morning, beginning a 3,000 mile row from the Canary Islands to…
February 12th, 2019
Nearly $700 Million USD paid by NAGICO to insureds in the Caribbean thus far
The US$58.2 Million Princess Juliana International Airport judgment fully paid by NAGICO Philipsburg, Sint Maarten (September 3, 2018) -- National General Insurance Corp N.V. (NAGICO), a diversified insurance company serving 21 territories in the Caribbean, has over the past 12 months paid nearly $700 Million…
February 12th, 2019