NIC Holdings Company Description

NIC Holdings Limited provides general and long-term insurance services and related activities for individual customers and businesses in Uganda.

The company offers general insurance products, including comprehensive cover, workers’ compensation, theft/burglary, fire standard, public liability, house owners, contractors all risks, erection all risks, machinery loss of profits, marine cargo, marine hull, aviation liability, machinery breakdown, goods in transit, professional indemnity, travel, employers liability, computer/electronic equipment, plate glass, aircraft crew personal accident, contractors plant and machinery, aviation hull war, aviation hull all risks, oil and gas cover, house holder, bond, and money insurance products.

It also provides long-term products, such as individual and group life, education endowment, dividend plus plan, mortgage plus and protection, personal pension and annuity, health and medical, group employees benefit plan, annuity contract plan, group assurance plan, NIC career plan, microfinance care plan, and family last expenses plan, as well as comprehensive insurance packages for schools.

In addition, the company provides rental services comprising office accommodation, residential accommodation, and car parking space.

The company was formerly known as National Insurance Corporation Limited and changed its name to NIC Holdings Limited in October 2014.

The company was founded in 1964 and is headquartered in Kampala, Uganda. NIC Holdings Limited operates as a subsidiary of Industrial And General Insurance Plc (IGI).

NIC Holdings Limited

Country	Uganda
Founded	1964
Industry	Insurance Carriers
CEO	Bayo Folayan

Contact Details

Address: NIC Building Kampala Uganda
Phone	256 417 119 900
Website	nic.co.ug

Stock Details

Ticker Symbol	NIC
Exchange	Uganda Securities Exchange
Fiscal Year	January - December
Reporting Currency	UGX
SIC Code	6300

Key Executives

Name	Position
Bayo Folayan	Chief Executive Officer