NIC Holdings Limited (NIC), was established in 1964 as a wholly owned Government parastatal then known as National Insurance Corporation, the leading provider of insurance and financial services in Uganda. In 2005, NIC was privatized with the continental insurance giant, industrial and General Insurance Plc (IGI) acquiring majority (60%) stake through its special purpose vehicle, Corporate Holdings Limited.
In 2010, the balance 40% shares were retained by government after privatization, was sold to the public in an IPO process and the company was listed on the Uganda Securities Exchange becoming the only insurance company in Uganda to be listed on the USE.
In 2014, pursuant to the Insurance (Amendment) Act which required composite insurance companies to separate their insurance services under different entities for Life and non-Life insurance services, the company was restructured and re-branded into an insurance group - a holding company and two virile wholly owned insurance subsidiaries, NIC General Insurance Company Limited (NIC General) and NIC Life Assurance Company Limited (NIC Life).
Both NIC General and NIC Life have maintained the group's celebrated reputation for excellence in service delivery.
Company Details
- Employees
- 44
- Founded
- -
- Address
- Plot 3 Pilkington Road, Kampala,central 7134,uganda
- Phone
- 256-417-119-900
- cc****@****c.co.ug
- Industry
- Insurance
- NAICS
-
Insurance Carriers and Related ActivitiesAgencies, Brokerages, and Other Insurance Related Activities
- Website
- nic.co.ug
- Keywords
- Providing high quality insurance and Risk management services in Uganda and across the region..
- HQ
- Kampala, Central
Nic Holdings Ltd Questions
Nic Holdings Ltd's helpline number is 256-417-119-900
Nic Holdings Ltd's website is nic.co.ug
Nic Holdings Ltd's LinkedIn profile is https://ug.linkedin.com/company/nic-holdings-ltd
Nic Holdings Ltd has
44 employees.
View email and phone details for 44
employees at Nic Holdings Ltd.
Nic Holdings Ltd's industry is
Insurance
Nic Holdings Ltd's top competitors are
Cic Insurance Uganda,
Pax Insurance Company Limited,
Praxis Conflict Centre,
Amar International - Aic,
Liberty Uganda,
Sanlam Uganda,
Mayfair Insurance Uganda,
Excel Insurance Company Ltd,
Ga Insurance Uganda Limited,
Aar Insurance Uganda.
Nic Holdings Ltd's support email address is ccd@nic.co.ug
Nic Holdings Ltd's categories are Insurance
Nic Holdings Ltd's founding year is 1964
