The SIC Life Company originally existed as the Life Division of the reputable multi-line insurer - the State Insurance Company of Ghana Limited (SIC). SIC has been in operation since 1962 when it was registered as a Public Corporation. In 1995 however, it was converted into a public limited liability company as part of the Government of Ghana’s initiative to divest part of its shareholding in all State Corporations.
In compliance with the Insurance Law 2006, Act 724, the Life Division of the reputable State Insurance Company of Ghana Limited (SIC) became SIC LIFE COMPANY LIMITED (SICLife) in 2007.
Currently, SIC LIFE is the largest and most reputable insurance company in Ghana controlling the largest share of the insurance market for both Life and Non-Life Insurance business lines.
The Company is the leader in the Life Insurance industry in terms of key performance indicators such as capital base, shareholders’ fund, total assets, profitability and market share.
With its solid financial base, coupled with highly motivated and experienced human resource, SICLife is well positioned to maintain its dominance of the Life Insurance Market through prudent management and sound technical practices.
SICLife enjoys a favourable image within the Life Insurance industry both locally and internationally. SICLife has a wide network of Area and Branch Offices throughout the country. It also has a large Agency Force whose focus is to respond professionally to the varying needs of the insuring public.
SICLife - Absolute Peace of Mind