Motor Reinsurance
Commercial motor fleet and private motor reinsurance across the Eastern Caribbean — covering third-party liability, comprehensive, and employer's liability on fleet risks, on a facultative or treaty basis.
Motor Reinsurance for the Eastern Caribbean
ECRC provides motor reinsurance support for primary insurers writing commercial fleet and private motor business across the Eastern Caribbean. As vehicles and fleets grow in size and value across the OECS and wider region, the need for reliable, regionally knowledgeable motor reinsurance has never been greater.
Our motor reinsurance proposition supports primary insurers writing all types of commercial fleet and motor business — from car rental and public transport risks to government vehicle pools and private motor books. We write both facultative placements for specific large fleet risks and treaty arrangements for insurers seeking proportional support across their motor portfolio.
As with all ECRC products, our motor reinsurance capacity is backed by A-rated international markets, providing cedants with confidence in our ability to respond to large or complex motor claims.
What We Cover
- Third-party liability (TPL) — bodily injury and property damage to third parties
- Comprehensive cover — own damage, fire, theft and associated perils
- Employer's liability on commercial fleet risks
- Commercial fleet reinsurance — individual placement or treaty basis
- Private motor portfolio reinsurance via quota share treaty arrangements
- Multi-territory fleet risks spanning more than one Eastern Caribbean island
Fleet Types & Risk Appetite
ECRC considers motor reinsurance across a wide range of fleet operators and risk types. Our underwriters have direct knowledge of Eastern Caribbean motor markets and road risk conditions.
Submission Requirements
- Fleet schedule — vehicle make, model, year, sum insured and use
- Number of vehicles and total fleet value
- Territory of operation — island(s) where vehicles are registered and used
- Cover required — TPL only, comprehensive, or combined
- Full claims history — minimum 3 years, preferably 5 years
- Driver information — age profile, licence history where available
- Primary insurer's retention and required line size
- Current premium and expiring programme details
Risk Types We Cover
ECRC's motor underwriters consider a wide range of fleet operators and motor portfolios. Here are the principal risk categories we write across the Eastern Caribbean.
Commercial Fleet
Large and mixed-use commercial vehicle fleets operated by businesses across the region — including goods vehicles, delivery fleets, and company car pools. We cover TPL and comprehensive on both individual and multi-territory fleet risks, with capacity for fleets requiring reinsurance support above the primary insurer's retention.
Car Rental & Self-Drive Hire
Car rental fleets are a significant motor risk category across the Eastern Caribbean's tourism-dependent islands, with high vehicle turnover, multiple drivers, and elevated accident frequency. ECRC's underwriters have specific experience with this class and can offer competitive reinsurance terms to primary insurers writing car rental business across the region.
Public Transport
Buses, minibuses, and route taxis form the backbone of public transportation across many Caribbean islands. These high-utilisation, high-exposure fleets represent a distinct motor risk category. ECRC considers reinsurance for public transport operators and the primary insurers who write this class, on both TPL and comprehensive bases.
Government & Private Motor Pools
Government vehicle pools, statutory authority fleets, and private motor portfolio books are an important part of the Caribbean motor insurance market. ECRC supports primary insurers writing these risks, including quota share treaty arrangements for those seeking proportional reinsurance across their private motor book.
Got a Fleet Risk to Place?
Send us your fleet schedule and claims history — we'll come back with terms promptly.