ASKA Insurances

What ASKA Insurances does

ASKA Insurances is a Curaçao-based multi-line insurance carrier founded in 1994, operating with a headcount of 31 employees from its headquarters at Schottegatweg Oost #19 in Willemstad. The company offers a comprehensive portfolio of insurance products under its "MULTI" brand architecture, split between Private Insurances (MULTI-PROPERTY, MULTI-MOTOR, MULTI-TRAVEL, MULTI-PROTECTION, MULTI-LIFE, MULTI-RISK, MULTI-RETIREMENT, and MULTI-FUNERAL) and Commercial Insurances (Commercial MULTI-PROPERTY, MULTI-MOTOR, MULTI-PROTECTION, MULTI-RISK, and MULTI-RETIREMENT). This positions ASKA as a generalist insurer addressing both non-life and life insurance needs across personal and business customer segments.

The company's technology foundation is an insurance management platform with online policy administration capabilities, including a self-serve consumer website (askanv.com) where customers can complete forms, pay via SENTOO, and receive digital proof of insurance within minutes, plus a dedicated broker portal (askaonline.askanv.com) that enables insurance brokers and agents to manage client policies. ASKA has also integrated with Louise for Brokers (aska.campaigns.louiseforbrokers.be) to support its travel insurance distribution in both English and Dutch, and publishes a MULTI-KNOWLEDGE educational podcast.

The business model is built on collecting recurring and per-trip insurance premiums across multiple lines, distributed through direct-to-consumer online sales for individuals and SMBs and through a broker network for larger commercial clients. Disclosed pricing is limited but includes an ANG 200 (approximately USD 110) annual subscription for continuous travel coverage. ASKA is privately held, is affiliated with the Multinational Group and ANCON (Asegurancon), publishes annual Financial Highlights dating back to 2017, and serves customers primarily in Curaçao with secondary reach into the Netherlands and the United Kingdom.

Name

ASKA Insurances

Legal name

ASKA Insurances

Website

https://askanv.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

ASKA Insurances is a Curaçao-based multi-line insurer founded in 1994, offering private and commercial property, motor, travel, life, retirement, and funeral products under the "MULTI" brand to Curaçao residents with reach into the Netherlands and UK, distributed via direct online sales and a broker network.

Ownership category

akta.pro rank

Headquarters

HQ city

Willemstad

HQ country

Curaçao

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Premiums: ASKA collects insurance premiums from policyholders in exchange for coverage across property, motor, travel, life, and other insurance categories. Premiums are collected through online payment systems including SENTOO.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ASKA Insurances is a Curaçao-based multi-line insurance provider offering non-life and life insurance products under the MULTI brand for both private individuals and commercial clients. Coverage spans property, motor, travel, personal protection, life, multi-risk, retirement, and funeral insurance, distributed via direct online sales and an insurance broker network. Policies are processed digitally with online application forms, secure SENTOO payment, and digital proof of insurance issued within minutes.

Product overview

ASKA Insurances is a multi-line insurance provider based in Curaçao offering a comprehensive portfolio of insurance products under its MULTI brand. The company provides Private Insurances including MULTI-PROPERTY, MULTI-MOTOR, MULTI-TRAVEL, MULTI-PROTECTION, MULTI-LIFE, MULTI-RISK, MULTI-RETIREMENT, and MULTI-FUNERAL. Commercial Insurances are available for business clients including Commercial MULTI-PROPERTY, MULTI-MOTOR, MULTI-PROTECTION, MULTI-RISK, and MULTI-RETIREMENT. The company operates as a multi-line insurer providing both non-life (property, motor, travel, protection) and life insurance products through its MULTI product family architecture, with a strong focus on broker distribution channels and online service capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• MULTI-PROPERTY (Private) Property insurance coverage for private individuals, protecting homes, apartments, rental properties, and personal belongings against specified risks.
• MULTI-MOTOR (Private) Vehicle insurance for private individuals, providing protection for cars and other personal motor vehicles.
• MULTI-TRAVEL (Private) Travel insurance offering short-term coverage for individual trips and continuous year-round coverage for frequent travelers (ANG 200 per year), including medical emergencies and lost baggage.
• MULTI-PROTECTION (Private) Personal protection insurance covering various personal risks and contingencies for private individuals.
• MULTI-LIFE Life insurance coverage providing financial protection for beneficiaries upon the policyholder's death.
• MULTI-RISK (Private) Comprehensive risk insurance covering multiple potential personal risks under a single policy.
• MULTI-RETIREMENT (Private) Retirement planning and insurance product designed to provide financial security during retirement years.
• MULTI-FUNERAL Funeral insurance providing coverage for funeral-related expenses to ease the financial burden on families.
• Commercial MULTI-PROPERTY Commercial property insurance for businesses, protecting commercial buildings and assets.
• Commercial MULTI-MOTOR Commercial vehicle insurance for businesses covering company fleets and commercial vehicles.
• Commercial MULTI-PROTECTION Commercial protection insurance for businesses against various operational risks.
• Commercial MULTI-RISK Business risk insurance covering multiple commercial risks under one policy.
• Commercial MULTI-RETIREMENT Group retirement planning solutions for commercial clients and their employees.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• SENTOOcoreTechnology or IntegrationSENTOO is used as the secure payment processor for online insurance transactions. Customers can pay securely using SENTOO when purchasing coverage, and coverage is activated immediately upon successful payment.
• Multinational GroupcoreOthersMultinational Group is referenced as ASKA's parent or affiliated group, with mention of Multinational PR and ANCON (Asegurancon) as related entities.
• ANCON (Asegurancon)coreOthersRelated insurance entity within the Multinational Group network, operating in the insurance sector.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• ENNIA: Curaçao-headquartered multi-line insurance company offering life, non-life, and pension products in the Dutch Caribbean — directly comparable to ASKA as the most immediate local competitor with overlapping Curaçao market presence.
• Nagico Insurances: St. Maarten-headquartered multi-line Caribbean insurer offering property, motor, life, and commercial coverage across multiple Caribbean territories — closely comparable to ASKA in product breadth, distribution approach, and regional footprint.
• Island Heritage Insurance: Cayman Islands-based Caribbean property and casualty specialist serving individuals and businesses — directly comparable to ASKA's MULTI-PROPERTY, MULTI-MOTOR, and Commercial P&C lines.
• Sagicor: Caribbean-rooted life and health insurer with general insurance and pensions across multiple territories — comparable to ASKA in its mix of life insurance (MULTI-LIFE, MULTI-RETIREMENT, MULTI-FUNERAL) and broader financial protection products.
• Guardian Group: Trinidad-based leading Caribbean insurance group offering life, health, property, motor, and pension products across the region — directly comparable to ASKA's multi-line private and commercial insurance portfolio.
• CMIG Curaçao (Curaçao Medical Insurance Group): Curaçao-based medical and health insurance provider serving the local Dutch Caribbean market — comparable to ASKA as a Curaçao-anchored insurance carrier with direct competition for local policyholders.
• Asegurancon (ANCON): Panama-based multi-line insurance company within the Multinational Group network alongside ASKA — directly comparable in product portfolio and corporate affiliation, representing both peer and sister-entity positioning within the same group.

Regional players

• Pan-American Life Insurance Group: Latin American and Caribbean life and health insurance group serving individuals and groups across the Americas — comparable to ASKA's life and retirement offerings with a broader multi-country geographic footprint.

Broad incumbents

• Zurich Insurance Group: Global multi-line insurer with established Caribbean and Latin American operations across P&C and life — comparable as a broad incumbent that could expand into Curaçao with greater capital and reinsurance capacity than ASKA.
• Mapfre: Global Spanish-headquartered insurance group with significant Caribbean and Latin American operations across life, P&C, and reinsurance — comparable as a broader incumbent competing with ASKA across multiple product lines in the region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/askainsurances

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ASKA Insurances