SIC Insurance Company PLC is Ghana's largest general insurance company and a leading player in the West African insurance market. Originally established as the State Insurance Corporation in 1962, it was later converted into a public limited liability company. SIC Insurance offers a wide range of products and services, including general accident, motor, marine, aviation, oil & gas, and specialized risk insurance. The company is committed to providing reliable insurance solutions to individuals, businesses, and government entities, contributing significantly to Ghana's financial services sector.
Serves as the central administrative and strategic hub for all operations of SIC Insurance Company PLC, overseeing underwriting, claims, finance, marketing, and corporate governance.
Nyemitei House is a prominent multi-storey office building located in the Osu commercial district, a recognizable landmark associated with the company in Accra.
Professional, with a focus on customer service, ethical practices, risk management, and contributing to Ghana's financial sector development. Emphasis on teamwork and employee development within a national corporation structure.
The headquarters is central to SIC's operations as the nation's leading insurer, playing a pivotal role in strategy formulation, major decision-making, and managing its extensive branch network across Ghana.
SIC Insurance Company PLC's operations are primarily focused on the Ghanaian market, where it holds a significant market share. While it may engage in international reinsurance partnerships to manage large risks, its direct service and branch presence is domestic. The company serves a diverse clientele within Ghana, from individual policyholders to large corporations and state enterprises.
Nyemitei House, 28/29 Ring Road East, Osu
Accra
Greater Accra Region
Ghana
Address: SIC Building, Harper Road, Adum, P.O. Box 853, Kumasi
To extend SIC's market reach and service delivery capabilities in a key commercial and population center, ensuring accessibility and local expertise for clients in the region.
Address: SIC Building, Liberation Road, P.O. Box 0233, Takoradi
To support the diverse economic activities and communities in the Western Region by providing accessible and relevant insurance products, risk advisory, and claims services.
Address: SIC Building, Community 1, P.O. Box 240, Tema
To provide robust insurance support to the critical industrial and commercial operations centered in Tema, facilitating trade and economic growth.
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As of April 2025, SIC Insurance Company PLC' leadership includes:
SIC Insurance Company PLC has been backed by several prominent investors over the years, including:
In the last 12 months (May 2023 - May 2024), one departure from the Board of Directors was noted. The core executive leadership team, including the Managing Director and Deputy Managing Directors appointed in August 2022, remained stable with no publicly announced changes.
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SIC Insurance Company PLC likely utilizes standardized email formats for its employees. Common corporate email patterns include a combination of the employee's first and last name followed by the company's domain.
[first_initial][last_name]@sic-gh.com (e.g., joduro@sic-gh.com) or [first_name].[last_name]@sic-gh.com (e.g., stephen.oduro@sic-gh.com)
Format
soduro@sic-gh.com (example for a Managing Director, Stephen Oduro, using the [first_initial][last_name] pattern)
Example
80%
Success rate
Ghana News Agency • February 14, 2024
SIC Insurance Company PLC has committed to supporting the Ghana Police Service in enhancing security across the country. The Managing Director, Mr. Stephen Oduro, made this pledge during a courtesy call on the Inspector General of Police, emphasizing the company's corporate social responsibility....more
Norvan Reports • December 5, 2023
SIC Insurance PLC reported a significant surge in profitability for the nine months ending September 2023, with profit after tax reaching GHS 46.2 million, a substantial increase from GHS 27.9 million in the same period of the previous year. The company also demonstrated growth in gross premium income amidst a challenging economic climate....more
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