June 16th, 2022 at 10:20 am
Top 4 insurance companies in Seychelles 2022
An insurance company is a business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment, or hardship in exchange for premium payments. The company calculates the risk of occurrence and then determines the cost to pay for the loss to determine the premium amount.
In Seychelles, insurance companies offer commercial insurance, motor insurance, home insurance, car hire insurance, taxi insurance, van insurance, motorcycle insurance, fleet insurance, engineering insurance, marine/yacht insurance, and personal insurance.
Insurance companies use the process of “underwriting” to evaluate your risk factors. They then estimate the statistical likelihood that you will suffer a covered loss and file a claim.
1 . Firstly, H SAVY INSURANCE (HSI)
To begin with, HSI is a leading insurance provider, offering a comprehensive range of general and life insurance products. They are a highly customer-focused company. And pride themselves on their service delivery quality and after-sales care. The company operates locally through its offices on the main island of Mahe.
Internationally, HSI collaborates with a wide network of world-class reinsurers and insurance brokers. HSI offers affordable and trusted insurance solutions to businesses and households.
2 . Secondly, FALCON INSURANCE LIMITED – SEYCHELLES
Another Insurance firm is Falcon. It was created to specifically offer its services to clients domiciled in Seychelles and beyond. It is backed by staff expertise and a management team who have gained experience working in the most respected and oldest insurance market in the world. The aim is always to find a way of providing cover, once the risk is reasonable. Insurance services include commercial insurance, financial liability, health & travel, home insurance, international & offshore, marine, motor, and insurance claims.
3 . Thirdly, SACOS INSURANCE GROUP
Also, Sacos Insurance Group is the leading insurance service provider in Seychelles. The company offers an expansive range of services which includes general insurance, life assurance, and property management. Also, the company has many years of expertise in the insurance industry, as well as rich history and understanding of the local insurance market.
They are adaptable and versatile. Also, they are committed to continuously reinventing themselves in a small but competitive and dynamic industry. They strive to provide customers with value for money and the best services on the island.
4 . Last but not least, ATLAS LIFE
Atlas Life is a privately owned life insurance company. They offer high-value life cover to clients in more than 130 countries worldwide. They reinsure all risk with two of the largest reinsurers in the world. Swiss Re and Reinsurance Group of America are the said reinsurers. They utilize their financial strength and stability to ensure the safety of clients
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