Zsic Life Limited

ZSIC constrained changed into formerly a composite insurance organization called the Zambia country insurance organization constrained. Earlier than the liberalization of the coverage enterprise, the Zambia kingdom insurance corporation limited turned into the simplest coverage corporation within the market, and therefore received large revel in in transacting each short and long time insurances. Consistent with the provisions of the insurance Act No. 27 of 1997 as amended via Act No. 26 of 2005, the Zambia country insurance agency restricted underwent a restructuring and compliance exercise.

Because of the restructuring and compliance exercising, the Zambia nation insurance employer limited became cut up into 3 separate enterprise entities, particularly ZSIC constrained; which turned into the initial holding enterprise, ZSIC trendy insurance organization and ZSIC existence employer as subsidiary corporations. In March 2017, IDC assumed the position of the conserving corporation which cause the dissolution of ZSIC Holdings. ZSIC trendy coverage employer has the most important network of branches in Zambia with illustration in all of the 10 provinces.