Zambia State Insurance Corporation Limited (ZSIC)
The Zambia State Insurance Corporation Limited (ZSIC), a composite Insurance company, was established in 1968. Until 1991, Zambia State Insurance Corporation Ltd was the only insurance company in the market, and therefore gained vast experience in transacting both short and long term insurances.
In line with the provisions of the Insurance Act No. 27 of 1997 as amended by Act No. 26 of 2005, the Zambia State Insurance Corporation Limited underwent a restructuring and compliance exercise.
This saw the birth of three separate business entities, namely ZSIC Limited, which is the Holding Company, ZSIC General Insurance Limited and ZSIC Life Limited as subsidiary companies.
For 40 years Zambia State Insurance Corporation has served the people of Zambia. Now, it gets even better. We have restructured, re – energized and rebranded into ZSIC LIMITED, a diversified investment company with a wealth of experience that is poised for phenomenal growth.
With its two subsidiaries ZSIC life company (the life assurance business) and ZSIC General insurance company (the short – term insurance business), ZSIC Limited continues to be part of the lives of our people, because we know and understand that we are stronger, together, forever.