Background
The State Insurance Company
of Mauritius Ltd (SICOM) was incorporated as a public company
in 1988 under the regulations of the Companies Act but our roots
can be traced back as far as 1975 where business operations
started with the State Insurance Corporation of Mauritius. In
view of new diversification opportunities, the State Insurance
Corporation of Mauritius started underwriting General Insurance
in 1978 and Life Assurance 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.
We are now actively competing for
short-term and long-term businesses on both individual and
corporate markets. Our main portfolio of activities consists
of Life Assurance, General Insurance, Group Life and Pensions,
Actuarial Services, Group Medical, Loans, Deposit Taking,
Leasing, Unit Trust as well as Investment Management.
Group Structure
The Group
accounts of the State Insurance Company of Mauritius Ltd (SICOM)
also include those of SICOM Financial 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
Indian Ocean International Bank Ltd
|
| REINSURERS |
Swiss Re Africa Ltd
Swiss Re Life and Health Africa Ltd
Munich (Mauritius) Reinsurance Co. Ltd
Hannover Re (Africa) Ltd
African Reinsurance Corporation
GE Frankona Re
|
| REINSURANCE BROKERS |
Heath Lambert Group
Marsh Ltd
Alexander Forbes (Mauritius) Ltd
|
|