Carrier Overview
NAGICO Insurances was founded in Sint Maarten in 1982 and has grown to become one of the Caribbean's largest and most trusted general insurance providers. With deep roots in Sint Maarten and a regional presence spanning more than 20 territories, NAGICO is a familiar name for residents and businesses across the Dutch and English Caribbean.
NAGICO specialises in general insurance — property, motor, marine, and liability — and is particularly well-positioned to serve Sint Maarten's unique needs, including hurricane risk, marine exposure, and the island's active tourism and hospitality sector.
Official Website
www.nagico.comProducts Available Through Compass
Homeowners Insurance
Coverage for your home's structure and contents against fire, theft, windstorm, and other perils. Particularly important in Sint Maarten given the island's hurricane exposure.
Motor Insurance
Third-party liability and comprehensive coverage for private vehicles and commercial fleets operating in Sint Maarten.
Marine & Boat Insurance
Hull and liability coverage for private vessels, yachts, and motorboats — well-suited to Sint Maarten's active boating community.
Commercial Property Insurance
Building and contents coverage for businesses, including protection against fire, windstorm, and business interruption.
Liability Insurance
Public liability and employers' liability coverage for businesses operating in Sint Maarten.
Travel Insurance
Short-term travel coverage for Sint Maarten residents travelling abroad, including medical emergencies, trip cancellation, and baggage loss.
Coverage Strengths
- ✓Founded in Sint Maarten — deep understanding of local risks and conditions
- ✓Strong hurricane and windstorm coverage options for Caribbean properties
- ✓Comprehensive motor insurance aligned with Sint Maarten's road environment
- ✓Marine expertise suited to the island's boating and maritime community
- ✓Regional claims network across 20+ Caribbean territories
- ✓Established relationships with local contractors and repair networks
Claims Guidance
NAGICO has a dedicated claims team in Sint Maarten. Here is how the claims process typically works:
- Report the incident to Compass — Contact us as soon as possible. For motor accidents, also file a police report if required.
- Document the damage — Take photographs of all damage. For property claims, do not dispose of damaged items until the adjuster has assessed them.
- Complete the claim form — Compass will assist you in completing and submitting the NAGICO claim form with all required supporting documents.
- Loss adjuster assessment — For significant property or marine claims, NAGICO may appoint a loss adjuster to assess the damage on-site.
- Settlement — Once the claim is approved, NAGICO will arrange payment or repair through their approved contractor network.
Hurricane season tip: Review your NAGICO property policy before June each year. Ensure your sum insured reflects current rebuild costs and that you understand your windstorm deductible.
Frequently Asked Questions
Is NAGICO based in Sint Maarten?
Yes. NAGICO was founded in Sint Maarten in 1982 and has grown to become one of the largest general insurers in the Caribbean, with offices across the region.
Does NAGICO cover hurricane damage?
NAGICO property policies can include windstorm and hurricane coverage. Given Sint Maarten's location in the hurricane belt, this is an important consideration. Coverage terms and deductibles vary — speak with a Compass advisor for details.
How quickly does NAGICO process claims?
NAGICO has a dedicated claims team and aims to process straightforward claims efficiently. Complex claims, such as those following a major weather event, may take longer. Compass will advocate on your behalf throughout the process.
Can NAGICO insure my boat or yacht?
Yes. NAGICO offers marine insurance for private vessels, including yachts and motorboats. Coverage can include hull damage, liability, and personal effects.
Does NAGICO offer commercial property insurance?
Yes. NAGICO provides commercial property insurance for businesses, including coverage for buildings, contents, and business interruption. Compass can help you structure the right commercial package.
Interested in a NAGICO product?
Contact Compass Insurances to discuss your property, motor, or marine insurance needs. We will compare NAGICO alongside other carriers to find the best fit.