MISSION, VISION & CORPORATE VALUES
Vision
To be the leading general insurer in Malawi, delivering world class insurance products and service.
Mission
To provide innovative and quality insurance products and service to our clientele whilst adding value to all our stakeholders.
Corporate Values
Integrity, care, quality service, accountability, transparency, ethical standards, health and safety at work and environmental awareness are values that define our corporate philosophy.
ABOUT NICO GENERAL INSURANCE COMPANY LIMITED
NICO General Insurance Company Limited was formed as the short-term division of the National Insurance
Company Limited (now NICO Holdings Limited), which was incorporated
as a composite insurance company in 1970.
NICO General Insurance Company Limited is the leading short-term insurer in Malawi with a
market share of approximately 47% and a gross written premium figure
of close to MK1.6 Billion for the year 2006.
Our core business is short term insurance, also known as general
insurance. The security and peace of mind of our clientele are our
top priorities. We provide a reliable and flexible claims service
that is second to none on the Malawi insurance market.
We operate through a central control office in NICO House in the
commercial city of Blantyre where our executive team
is. We also operate three regional offices in the main cities of
Mzuzu, Lilongwe and Blantyre. The control office focuses
on core services including technical underwriting, marketing, claims
support and finance functions whilst the branch offices deal with
sales, claims and customer relationships.
The desire to bring insurance closer to the Insured and prospective
clients and to increase convenience has brought about our operations
to all three regions of Malawi; a network of intermediaries spread across Malawi complements
this representation.
Our wide product range includes personal and commercial insurance
covers such as motor vehicle, building and road construction, liability,
engineering, professional indemnity, marine hull & cargo, fire,
loss of profits, burglary, house-owners and householders, personal
accident and many more.
The senior management team at NICO
General Insurance Company Limited is well equipped
to meet the challenges of the future, combining a wealth of experience
with professional qualifications.
In addition to our unrivalled technical and financial capacity
to underwrite large risks in Malawi we have the support of highly
rated Reinsurers' complementing our ability to underwrite world-class
covers.
NICO General Insurance Company Limited seeks to attract clients and intermediaries who are prepared to
nurture long-term partnership with the company, to ensure long lasting
security and peace of mind.
We view our future prospects as bright, exciting and rewarding
for clientele, shareholders and staff alike.
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