K&M and Alliant Insurance Services Inc. (Alliant) were retained to provide additional advisory services toward the development of the proposed Caribbean Water Utility Insurance Company (CWUIC). In 2019, the K&M-Alliant team performed a feasibility analyses and developed a business plan for a Mutual for Caribbean Water and Sewerage Companies to insure Natural Disasters Related Risks (the Mutual). This assignment will further define the components needed to launch CWUIC’s operations. This work will include, engaging with relevant stakeholder in jurisdiction with a high level of interest in CWUIC, developing a financial model to assess CQUIC’s financial viability under a range of scenarios, developing post-disaster utility exchange support, workshopping to present results and recommendations to key stakeholders, and producing updated recommendations regarding the legal, organizational, and financial components of CWUIC. The K&M-Alliant team will present their findings and recommendations and will submit an updated work plan for the next steps to develop CWUIC.