Statewide Insurance Company Ltd - We wish to introduce ourselves to you as the reliable and right business partners. We provide competitive insurance services in view of our experience of over 34 years, duly licensed by the Insurance Regulatory Authority.

We were founded in November 1981 and started operating 1st March 1982. Being one of the first insurance companies in Uganda, we purpose in creating a business relationship in this stressful world. We currently have over 18 branches operational today which also include our SWICO House based in Masaka. We are a Ugandan based insurance company owned by indigenous Ugandans.

MISSION
To be a sure shield for all insurable risks.

MISSION STATEMENT
To create, retain and sustain satisfied customers through underwriting quality premium policies, with outstanding services achieved through dedication honesty and integrity.

VISION
To be the best insurance company in Uganda, and advancing through to other parts of Africa, providing insurance services in a professional, efficient and reliable manner, meeting our customers needs including prompt claim settlements through a committed innovative and creative work space.

MOTTO
"With SWICO you are sure"

 

MEMBERSHIP
As Insurance practitioners, we are regulated by the Insurance Regulatory Authority (IRA), in accordance with the Insurance Act CAP 213 Laws of Uganda.

Statewide Insurance Company Ltd is a member of:

  • The Uganda Insurers Association (UIA)
  • The Insurance Institute of Uganda (IIU)
  • The Uganda Manufacturers Association (UMA)
  • Private Sector Foundation of Uganda (PSFU)
  • UNABSEC
  • OESAI

The quality standards we adopt create a growing market for us which we have maintained despite the strong competition.

COMPANY REINSURERS
We have sound reinsurance arrangements with reputable Reinsurance Companies on a direct basis which include:

  • P.T.A Reinsurance Company Ltd (COMESA)
  • African Reinsurance Corporation (Kenya)
  • Uganda Reinsurance Co. Ltd (Uganda)

Other reinsurer are being brokered by J.B Boda Reinsurance Brokers (India) these include:

  • Continental Reinsurance PLC (Nigeria)
  • Kenya Reinsurance Corporation (Kenya)
  • East African Reinsurance Co. Ltd (Kenya)
  • Baobab Reinsurance Co. Ltd (Zimbabwe)
  • Tanzania National Reinsurance Co. Ltd (Tanzania)
  • Ghana Reinsurance Company Ltd (Ghana)
  • Approved Uganda Insurance Brokers

BANKS

  • Bank of Africa (U) Ltd
  • Bank of Baroda (U) Ltd
  • Barclays Bank (Corporate) (U) Ltd
  • Centenary Developement Bank Ltd
  • DFCU Bank
  • Diamond Trust Bank (DTB)
  • Finance Trust Bank Limited
  • Stanbic Bank (U) Ltd
  • Tropical Bank Ltd
  • Equity Bank
  • Post Bank (U) Ltd

AUDITORS

Sejjaaka, Kaawaaase & Co.
Certified Public Accountants
P.O.BOX 7657
Kampala, Uganda

pdf DOWNLOAD OUR FULL COMPANY PROFILE (2.15 MB)

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