Statewide Insurance Company (SWICO), is a Ugandan insurance company. The company is a leading provider of insurance and risk management services in Uganda.
Company type | Private |
---|---|
Industry | Financial services |
Founded | 1982 |
Headquarters | Sure House, 1 Bombo Road, Kampala, Uganda |
Key people | John Ssebaana Kizito (Chairman), Joseph W. Kiwanuka (Managing Director) |
Products | Insurance, investments, real estate |
Website | www |
SWICO is one of the licensed insurance companies in the country. Its investments include real estate, the largest of which is Sure House at 1 Bombo Road in Kampala's central business district, which houses SWICO's headquarters.[1]
History
editIn 1982, John Ssebaana Kizito, a Ugandan businessman, economist, and politician, together with a business associate, Joseph W. Kiwanuka, pooled resources and started SWICO. The company is the oldest privately owned insurance company in Uganda.[2]
Ownership
editOne of SWICO's original shareholders was the founding chairman of the board, Kizito, who was one of the wealthiest people in Uganda in 2012 according to a published report.[3]
Branch network
editThe company has a branch network in the following Ugandan locations:[4]
- Main Branch – Sure House, 1 Bombo Road, Kampala
- Arua Branch – Ouzu Plaza, Adumi Road, Arua
- Entebbe Branch – 33-35 Kampala Road, Entebbe
- Fort Portal Branch – 14 Bwamba Road, Fort Portal
- Gulu Branch – 1 Atwal Road, Gulu
- Hoima Branch – 36 Fort Portal Road, Hoima
- Iganga Branch – 56 Main Street, Iganga
- Jinja Branch – Bemtex Plaza, 68 Main Street, Jinja
- Lira Branch – 26D Kwania Road, Lira
- Masaka Branch – 14 Edward Avenue, Masaka
- Mbale Branch – 4 Manafa Road, Mbale
- Mbarara Branch – Pride House, 37A High Street, Mbarara
- Mityana Branch – 53B Station Road, Mityana
- Soroti Branch – 4 Cemetery Road, Soroti
See also
editReferences
edit- ^ Businge, Julius (6 July 2014). "SWICO Profits Soar To USh1.3 Billion". The Independent (Uganda). Archived from the original on 4 March 2016. Retrieved 15 October 2014.
- ^ "Statewide Insurance Company". New Vision (Kampala). 10 October 2012. Retrieved 15 October 2014.
- ^ Kanaabi, Michael; Kiryowa, Ssebidde (6 January 2012). "The Deepest Pockets – Uganda". New Vision (Kampala). Retrieved 15 October 2014.
- ^ "Branches of Statewide Insurance Company". Statewide Insurance Company (SWICO). Retrieved 15 October 2014.