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The Caribbean Catastrophe Risk Insurance Facility (CCRIF)


CCRIF SPC is a segregated portfolio company, owned, operated and registered in the Caribbean. It limits the financial impact of catastrophic hurricanes, earthquakes and excess rainfall events to Caribbean and – since 2015 – Central American governments by quickly providing short-term liquidity when a parametric insurance policy is triggered. It is the world’s first regional fund utilizing parametric insurance, giving member governments the unique opportunity to purchase earthquake, hurricane and excess rainfall catastrophe coverage with lowest-possible pricing.

Under the Small Grants Programme, CCRIF will finance small projects conceptualised and managed by non-governmental organisations (NGOs), community-based organisations (CBOs), charity organisations and/or mandated by National Disaster Coordinators in local communities across CCRIF member countries and/or CARICOM member countries.



c/o Sagicor Insurance Managers Limited,

198 North Church Street,

2nd Floor, Sagicor House

PO Box 1087,

Grand Cayman, KY1-1102,

Cayman Islands



Disaster risk management


Climate change adaptation

Training and other capacity building initiatives to be implemented through seminars, workshops, community consultations, and expert group meetings among others

Environmental management initiatives that will directly impact on reducing community vulnerability (e.g. watershed management projects in degraded areas, which will contribute to enhancing resilience in nearby communities)





How to apply

Submit project proposal:


When to apply