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BUSINESS WORLD

International Insurance Company Sierra Leone Post Le 2.2 Billion Gross Premium Revenue in 2007.
Posted by on Nov 2, 2008, 11:51

International Insurance Company (SL) Limited (IIC), was incorporated on the 23rd of September, 2002, under the Companies Act. The Company obtained Certificate of Registration and License under the Business Registration Act No. 17 of 1972 on the 7th of October, 2002 and was subsequently granted approval on the 19th of May, 2003 to underwrite the following classes of Insurance: Fire, Marine, Motor and Miscellaneous (General Accident). The company officially opened for business on the 1st of August, 2003

At IIC, our objective is to excel in providing qualitative service and financial security to our clients, locally and internationally as well as firm commitment to prompt settlement of genuine claims. Our knack in providing personalized services to our clients by identifying their insurance needs and packaging policies that are tailored to meet such needs is widely acclaimed. IIC is noted for efficiency, dynamism and reliability in our service delivery, powered by our superb Information Technology platform and the skills of our highly trained and motivated staff that are endowed with integrity, discipline and the ethics of the insurance profession.

 

Our mission in the Sierra Leone Insurance industry is clearly underscored by our Mission Statement which is “To establish the confidence of our customers in the provision of Insurance services with a fulfilled work-force and satisfied investors, yet making positive impact in our environment”. This clear corporate assertion informed the signature tone of the Company: IIC- the Insurers you can Trust!!

 

The enviable levels of trust with which we do business with our clients have ensured we remain an Insurance company of choice in Sierra Leone. This has enabled us maintain an impressive corporate performance in the last 5 years of our commencing operation. In the last three years, IIC has maintained a strong 4th position in the market share of the growing Sierra Leone’s Insurance Industry, while our rating as one of the most reliable Insurance companies operating in this country, has continued to increase astronomically. Our growth rate is also phenomenal, moving from a Gross Premium Revenue of Le80 million in 2003 when we started operation, to post an awesome Gross Premium Revenue of Le 2.2 billion in 2007.

 

This performance within a short time of operation rates IIC as the fastest growing insurance company in Sierra Leone. As part of that growth, the Company has opened a new branch in the second biggest city – BO, to provide our trademark, TRUSTED QUALITATIVE SERVICE, to corporate and individual customers in that part of the country and the neighboring towns. IIC Is also growing by the day in developing unique products and services in order to serve its customers better, as we are launching some new products at our 5th Anniversary Dinner Party. 

 

At IIC, we provide all classes of Insurance except LIFE. In our drive for professional excellence, we have packaged adequate reinsurance arrangement with reputable International Re-insurers for technical back-up. We have unlimited access to the global Insurance and Re-Insurance markets; which gives us the pedigree to undertake any size of Insurance cover.

 

It is to the glory of God and the steadfastness of our valued customers, that the Board of Directors, Management and staff of the company are proud to proclaim that IIC has been; is and will continue to be – the Insurers you can Trust!!

 

 

Head Office: 20 Bathurst Street, Freetown. Tel: +232 22 222159/ 221630; Fax: +232 22 223794

                      Bo Office:  4 Fenton Road, Bo, Sierra Leone. Tel: +232 76 778140                                           Email: info@iic-sl.com

 

 






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