| Background
The State Insurance Company of Mauritius Ltd (SICOM) was incorporated as a public company in 1988
but our roots can be traced back as far as 1975 where our business
operations started with insurance services such as Actuarial Valuations and Management
of Pension Schemes. In view of new diversification opportunities, the State
Insurance Corporation of Mauritius started underwriting General Insurance in 1978
and Life Assurance and Motor Insurance in 1980.
In 1998-1999, SICOM Global Fund Ltd, SICOM Management Ltd and SICOM Financial Services Ltd
(SFSL) were created to consolidate the SICOM Group financial position
and open new avenues towards globalisation.
In 2010, SICOM has incorporated a new company, SICOM General Insurance Ltd (SICOM GIN)
to transact General Insurance business only, in conformity with the Insurance Act 2005.
SICOM GIN is a wholly-owned subsidiary and member of the SICOM Group and has started its operations on 1st July 2010.
The Group's activities consist of Long Term (Life & Pensions) and General Insurance for both
individual and corporate markets, Actuarial Services, Group Medical, Loans, Deposit Taking,
Leasing, Unit Trust as well as Investment Management.
Group Structure
The SICOM Group includes the State Insurance Company of Mauritius Ltd (SICOM),
SICOM Financial Services Ltd (SFSL), SICOM General Insurance Ltd (SICOM GIN),
SICOM Registry & Secretarial Services Ltd, SICOM Global Fund Ltd and SICOM Management Ltd.
Besides, SICOM Financial Services Ltd also manages the SICOM General Fund, a unit
trust constituted under the SICOM Unit Trust.
Our Team
At the heart of our business are our most valuable assets
: a dedicated staff to ensure the best possible service to
our clients. We presently operate with a team of over 250
employees with professionals of varied educational backgrounds
including professionals of Actuarial Sciences, Insurance,
Finance, Human Resource, Marketing, Business Administration
as well as Information Technology.
Our Promise
At SICOM, commitment to customers runs deep. We believe in
looking after our customers and strive to provide a professional
and quality service while being friendly, helpful and considerate
at all times.
Our Mission
Dedicated to providing the best in insurance and financial
services, with focus on competitive quality products and excellent
levels of customer care.
| Our Shared Values
|
| Our customers:
the focus of all our actions |
| Our employees:
the source of our success |
| Our
products and services: |
competitive and
first-class security |
| Commitment to
innovation and teamwork |
| Assisting the
development of the community |
Our Objectives
Provide excellent customer service
Maximise profits and returns to stakeholders
Highly effective staff and agents
Increase market share
Respond to new customer needs
Identify diversification opportunities
AUDITORS
|
Kemp Chatteris Deloitte & Touche |
CONSULTING
ACTUARIES
|
QED Actuaries & Consultants (Pty) Ltd |
| BANKERS |
The State Bank of Mauritius Ltd
The Mauritius Commercial Bank Ltd
Hong Kong & Shanghai Banking Corporation Ltd
Barclays Bank PLC
SBI
|
|
