We offer a wide range of highly competitive and quality products that will cater for your various needs. 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 diversif
ication 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 SICOM Group includes the State Insurance Company of Mauritius Ltd (SICOM), SICOM Financial Services Ltd (SFSL), SICOM General Insurance Ltd (SICOM GIN), 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.
