SIC Insurance Company Description
SIC Insurance PLC engages in the provision of non-life insurance business in Ghana.
It operates through four segments: Motor, Marine & Aviation, Fire, and Accident. The Motor segment underwrites motor insurance that provides coverage, which indemnifies the insured against any accidental loss to motorbikes and vehicles.
This segment offers motor insurance products, such as comprehensive, third party, and third-party fire and theft.
The Marine & Aviation segment provides marine insurance that covers airborne cargoes, ships, and fishing vessels, as well as ports and harbor installations; and aviation insurance, which covers aircrafts, cargo, and passengers.
The Fire segment offers fire insurance products that cover accidental destruction of properties, including household buildings, personal effects, commercial and industrial buildings, plants and machinery, raw materials, finished goods, and profits policies.
The Accident segment provides accident policies, which cover a range of activities, such as personal accidents, family and group personal accidents, burglary, cash-in-transit, goods-in-transit, banker’s indemnity, pedals cycle, products liability, contractors’ all-risk, travel insurance, bonds, etc. The company also offers workmen's compensation insurance, general bonds, travel, and engineering and construction insurance.
In addition, it provides investment advisory, asset and fund management services, financial consultancy, and brokerage services.
SIC Insurance PLC was founded in 1955 and is headquartered in Accra, Ghana.
Country | Ghana |
Founded | 1955 |
Industry | Insurance Carriers |
Employees | 625 |
CEO | Hollistar Duah-Yentumi |
Contact Details
Address: Nyemitei House Accra Ghana | |
Phone | 233 302 780600 |
Website | sic-gh.com |
Stock Details
Ticker Symbol | SIC |
Exchange | Ghana Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | GHS |
SIC Code | 6300 |
Key Executives
Name | Position |
---|---|
Hollistar Duah-Yentumi | Chief Executive Officer |
Eugene Amewuda | Chief Financial Officer |