Major stakeholders in Saint Lucia’s insurance industry are taking proactive steps to enhance the sector’s foundations, ensuring it better serves the needs of citizens amid challenging domestic and economic conditions.
A three-day National Insurance Dialogue will be hosted by the Government of Saint Lucia, through the Department of Commerce, from November 19 to 24, 2026.
Under the theme “Strengthening Insurance Resilience: Improving Access, Affordability & Coverage,” this forum aims to explore reforms that can reshape the nation’s insurance landscape. This initiative builds on findings from a recent national survey, highlighting significant coverage barriers faced by vulnerable groups such as the unemployed, self-employed, and small business owners.
The dialogue will bring together sector leaders to share real-world insights and evaluate structural market pressures and technical realities that will inform future policy.
The event will focus on three key pillars of everyday protection:
– Thursday, November 19 – Motor Vehicle Insurance:
This session will examine challenges such as processing timelines, commercial fleet efficiency, public transport frameworks, premium updates, and third-party structures. Panelists will include representatives from the Insurance Council, the Royal Saint Lucia Police Force (RSLPF) Traffic Department, and the Council on Public Transport.
– Monday, November 23 – Health & Life Insurance:
Discussions will focus on affordability, accessibility, wellness integration, policy clarity, and the unique coverage constraints faced by individuals and micro-entrepreneurs. Panelists will feature representatives from the Ministry of Health, the National Consumer Association, and the Medical & Dental Association.
– Tuesday, November 24 – Property Insurance:
This session will address the pressing issue of underinsurance, the effects of rising construction costs, real property valuation trends, and the impact of climate hazards on property premiums.
Panelists will include members from the Chamber of Commerce, the Bankers Association, and the Engineers Association.
The sessions will be broadcast live on the National Television Network (NTN Channel 122) and streamed on official government Facebook and YouTube channels daily from 9:00 a.m. to 1:00 p.m. Each forum will include a live Q&A session for both in-studio and online participants.
The insights gathered will contribute to a data-driven legislative proposal for the Cabinet of Ministers.
The Department of Commerce invites all citizens, sector partners, business owners, motorists, homeowners, and stakeholders to engage with the dialogue across national television and social media as Saint Lucia strives for a more equitable, resilient, and balanced insurance future.