The Company
National Insurance Corporation Limited (NIC) is a leading provider of insurance and risk management services in Uganda. Established by an Act of Parliament in 1964, NIC has a rich history of servicing the needs of our Government and private sector clients.
In June 2005, the Government of Uganda divested 60% of its shares in NIC which were acquired by Industrial and General Insurance Company Limited (IGI) of Nigeria.
The other 40% government interest in NIC was fully divested through a public offering of shares.
School Fees Insurance Package
Education ensures a good future for your child. That is why, at an affordable fee, NIC is offering you a unique school fees insurance package that serves as a financial guarantee for your child’s education up to university in the unfortunate event of the death or disability of the insured parent.
The package includes personal accident cover for your child and insurance of personal effects. The NIC school fees insurance package assures a promising future for your child.
NIC covers up to an applicable level of education i.e. Primary or Secondary.
News Updates
- NIC appoints new MD
The Board of Directors of National Insurance Corporation Ltd announces the appointment of Mr. Bayo Folayan as Acting Managing Director with effect from 1st December 2011. He replaces Mr Sam Njoroge who left the services of the Company after a success...
- NIC posts Shs2bn profit, eyes growth
NIC posts Shs2bn profit, eyes growth KAMPALA - 29th September 2011 National Insurance Corporation Limited is optimistic about its growth prospects after taking significant steps to resolve the dispute with Makerere University over the Deposit A...
- MAKERERE VS NIC: TRUTH AS VICTIM
MAKERERE VS NIC: TRUTH AS VICTIM The Auditor General’s report on the face-off between Makerere University and the National Insurance Corporation (NIC) is creating more problems than it was meant to solve. Records confirmed by an audit exercise car...
