Abaco is born out of collaboration with Mr. Ignacio Berasaluce in 2015, by covering reinsurance services in this country until May 16, 2016, when Abaco became “Abaco Dominicana”. The local insurance adjustment permit was obtained in September 2016, from when on these services have been offered alongside the reinsurance services.
The team is multidisciplinary, working in many specialized areas: Hotels, Transport, Goods and Hull/ fuselage, General physical damage (Property), Construction, Civil Liability, Risk inspections and PML, Theft and Fidelity.
The development and future business growth of Abaco in the Dominican Republic is unfolding gradually, favoring our inspection services in the Transport and Goods branch. The growth margin is expected to be broad in all branches, with great expectations for the future both in the Local market and the Reinsurance market.