Botswana Insurance Company Limited
Botswana Insurance Company Limited (BIC) is the leading short-term insurer in Botswana. It was incorporated in Botswana in 1975. The organization is committed in providing exceptional quality products and services to its clientele. This is embedded in providing short-term insurance products and services aimed at specific markets, as well as optimizing its Broker & Agency network as the main delivery channel. BIC has constantly expanded its product range to cater for the dynamic and ever changing needs of the markets it serves.
With 40 years in the industry, BIC has become the most reputable short term insurance company and continues to maintain the largest market share for short term solutions. The organisation is the first insurance company in Botswana to obtain a National scale rating of AA- claims paying rating from Global Credit Ratings with the rating outlook maintained as “Stable” and means the company has a very strong capacity to meet financial commitments.
Botswana Insurance Company Limited Products
- Business Insurance Cover:
These policies are taken out by businesses, whether it may be a big organization or a small company with few workers. Our business products are made to protect the owner and the business from unforeseen circumstances. Amongst the large range of Business products that we offer, below is an example of a couple:– Goods in Transit
– Fire
– Professional Negligence
– Workmens Compensation
– Business Interruption
– Motor - Personal Insurance Cover:
This cover allows individuals to protect themselves and their families through taking out the following cover/s:– Motor
– Homeowners
– Householders
– All risks
– Personal accident
– Travel - Specialized:
This class of policies are designed to cater for special needs of clients. Including:– Directors and Officers Liability
– Pension Fund Trustees Liability
– Constructors All risks
– Material Damage
– Third Party liability
– Agricultural Products
