MCIS - Maduro & Curiel's Insurance Services N.V.

What MCIS - Maduro & Curiel's Insurance Services N.V. does

MCIS - Maduro & Curiel's Insurance Services N.V. (MCIS) is an independent insurance broker headquartered in Curaçao, operating since 1979 as a subsidiary within the Maduro & Curiel's Bank N.V. (MCB) financial group. The company serves both individual and commercial clients across the Dutch Caribbean, with affiliated offices in Aruba, Bonaire, and St. Maarten. MCIS self-describes as one of the largest independent insurance brokers in Curaçao and represents all major local insurance carriers as well as international partners (including Marsh, Pan American Life, and New India) to place coverage when local capacity is unavailable.

MCIS operates two distribution lines. The first is BSure, a personal insurance sub-brand whose products are underwritten by collaborating carriers and distributed exclusively through Maduro & Curiel's Bank N.V. retail channels. The second is a commercial insurance solutions line delivered through a team of account managers who handle complex and specialty risks including general and professional liability, property, marine, motor fleet, medical, aviation, cyber, construction, and special risks. The senior team includes specialists with 15-20+ years of tenure in life and pensions, marine, hospitality, utility, telecommunications, port, and aviation placements.

MCIS earns revenue through insurance brokerage commissions on policies placed with its carrier partners. Pricing is quote-based, tailored to individual risk assessments, and billed on a monthly cadence. The company's go-to-market is sales-led and relationship-driven, combining direct expert advisory for commercial accounts with captive bank-channel distribution for personal lines. No proprietary technology platform, AI capabilities, or public financial disclosures are noted in the available materials.

Name

MCIS - Maduro & Curiel's Insurance Services N.V.

Legal name

Maduro & Curiel's Insurance Services N.V.

Website

https://mcis.cw

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

MCIS is a Curaçao-based independent insurance broker and subsidiary of Maduro & Curiel's Bank N.V., serving personal and commercial clients across the Dutch Caribbean. It distributes BSure personal lines through the parent bank and places complex commercial risks via multi-carrier partnerships.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industry

Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Insurance brokerage services
• Commercial insurance solutions
• Personal insurance products
• Risk management advisory
• Insurance coverage consulting

Headquarters

HQ city

Curaçao

HQ country

Curaçao

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Insurance Brokerage Commissions: As an independent insurance broker, MCIS earns commissions from insurance companies for placing insurance policies. They represent all major local insurance companies and also work with international insurers when local coverage is unavailable.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

MCIS is an independent insurance broker in Curaçao that places personal and commercial insurance policies on behalf of clients by representing all major local insurance companies and international insurers. It distributes personal insurance products under the BSure sub-brand exclusively through Maduro & Curiel's Bank N.V. channels, and delivers commercial insurance solutions (liability, life, property, marine, motor, medical, and special risks) through a dedicated team of commercial account managers. The firm earns commissions from insurance carriers for placing coverage rather than underwriting risk itself.

Product overview

MCIS operates as an independent insurance broker offering two main product lines: (1) BSure, a personal insurance sub-brand providing individual coverage products available exclusively through Maduro & Curiel's Bank channels, and (2) Commercial insurance solutions delivered through their team of account managers. The company represents multiple major local and international insurance carriers and specializes in a wide array of risk coverage including liability, life, property, marine, motor, medical, and special risks.

Differentiator

Problem solved

Functional benefit

Brands

• BSure: Insurance label of MCIS offering various personal insurance products. Products are unique in conditions and premiums and exclusively available through Maduro & Curiel's Bank N.V. channels.

Products and services

• BSure Personal Insurance Personal insurance sub-brand of MCIS offering individual coverage products including term and savings life insurance, pension and annuity, and personal accident and disablement coverage. Products are carried by collaborating insurance companies and are exclusively available through Maduro & Curiel's Bank N.V. distribution channels. Targeted at individual retail customers seeking personal risk protection.
• Commercial Insurance Solutions (Liability, Life, Property, Marine, Motor, Medical, Special Risks) Comprehensive commercial insurance brokerage covering liability (general, professional, D&O), life, property (building, stock, inventory, business interruption), marine (cargo, pleasure craft, commercial hull & liability, P&I), motor (commercial vehicles, special trucks, cranes), medical (foreign employees, international coverage, SVB upgrade), and special risks (aviation, fraud, kidnap & ransom, events, cyber). Serves businesses across utility, marine, hospitality, telecommunications, port, aviation, construction, retail, and professional services sectors.

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

Ten partnerships are on record, tiered core.

• Guardian GroupcoreOthersInsurance company partner represented by MCIS as an independent broker. Guardian Group provides insurance products that MCIS offers to clients seeking coverage.
• New IndiacoreOthersInsurance company partner represented by MCIS as an independent broker offering international coverage options when local coverage is unavailable.
• CG UnitedcoreOthersInsurance company partner represented by MCIS as an independent broker.
• SagicorcoreOthersInsurance company partner represented by MCIS as an independent broker serving the Caribbean market.
• MarshcoreOthersGlobal insurance broker partner that MCIS collaborates with to provide international coverage and access to global insurance markets.
• Pan American LifecoreOthersInsurance company partner represented by MCIS as an independent broker offering life and health insurance products.
• NagicocoreOthersInsurance company partner represented by MCIS as an independent broker serving the Caribbean region.
• EnniacoreOthersInsurance company partner represented by MCIS as an independent broker.
• Vidanova LifecoreOthersInsurance company partner represented by MCIS as an independent broker offering life insurance products.
• Maduro & Curiel's Bank N.V.coreChannel Partner/ Reseller/ DistributorParent bank group through which MCIS distributes BSure personal insurance products exclusively. The bank serves as the primary distribution channel for individual/personal insurance products under the BSure brand.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Howden Group: International insurance broker with growing Caribbean and Latin America presence. Competes with MCIS for specialty and commercial accounts across the region, particularly marine and aviation.
• Aon: Global insurance and reinsurance broker with a presence across the Caribbean. Competes with MCIS for larger commercial placements and offers international specialty capabilities that overlap with MCIS's complex-risks practice.
• Marsh: Global insurance broker and risk advisor with Caribbean operations. Marsh is both a partner (MCIS leverages Marsh for international placement) and a broad incumbent that competes for large Caribbean commercial accounts.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with operations across the Americas. Provides comparable commercial brokerage and risk advisory services to MCIS's target mid-market and enterprise clients.
• Brown & Brown, Inc. US-headquartered insurance brokerage with diversified commercial and personal lines operations. Competes with MCIS for complex commercial placements and offers similar multi-carrier distribution models.

Others

• Guardian Group: Caribbean insurance carrier and financial services group. Functions as a carrier partner represented by MCIS but also distributes its own products, partially overlapping MCIS's independent brokerage value proposition.
• Sagicor: Caribbean insurance and financial services group. Sagicor is both a carrier partner and an indirect competitor — its own distribution channels overlap with MCIS's life and pensions brokerage offering across the Dutch Caribbean.
• Nagico: Caribbean insurance carrier active across the Dutch Caribbean. Partner carrier of MCIS but also a direct distribution competitor for general insurance products in the same regional markets.

Regional players

• ENNIA: Curaçao-based insurance and pension provider offering life, non-life, and health products. Operates primarily in the Dutch Caribbean — the same core market as MCIS — and competes directly for individual and commercial insurance customers.
• Fatum: Curaçao-domiciled insurance company offering life, health, and general insurance across the Dutch Caribbean. Direct regional competitor to MCIS for both BSure-style personal lines and commercial accounts.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mciscuracao

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 MCIS - Maduro & Curiel's Insurance Services N.V.