The history of NAGICO is an amazing story of vision and perseverance. A small group of local businessmen founded in St. Maarten on February 1, 1982. With our founders' philosophy of impeccable customer service, careful risk selection, strategic reinsurance, and fast and fair claims settlement, NAGICO catapulted from a start-up into the mainstream.
At the occurrence of Hurricane Luis, 13 years later, we had already expanded into Anguilla, Antigua, the British Virgin Islands, Dominica and Montserrat. Five other storms would hit St. Maarten and the surrounding islands in the 1990s, wreaking unimaginable destruction. Our combined claim pay-outs surpassed USD 200,000,000.
We continue to consolidate growth with a driving focus on becoming the leading general insurance company in the Caribbean. While doing so, we evaluate expansion opportunities in various parts of the Caribbean and possibly beyond in the short to medium term through strategic acquisitions and organic growth.
Additionally, another area of growth is our Group Life and Health business. We're steadily expanding this line, offering our outstanding NAGICARE policy and life products to more markets.
Call or visit us at www.nagico.com to learn more about our catalogue of products or to request a quote.
Fast, Fair & ALways There!
