about us

 

State Insurance Corporation was established in 1977 mainly in response to the common concern for the extent of foreign exchange leakage created in a foreign dominated sector.  It was established with a capital sum of EC $100,000 loan by the Government and given the status of a Department of Government.

 

The limitations of this form of organization were obvious, not the least being the lack of flexibility in decision making and the General Manager acting as Corporation sole being subject to all the benefits and lack of benefits of a corporate body.  It is also reasonable to assume that as an independent body it could attract more business.  Consequently, the State Insurance Corporation Act, 1985, established the constitution and functions of State Insurance Corporation.

 

State Insurance Corporation has attained high visibility not only as a result of the very impressive architectural and physical facilities within which it operates, but because of the contribution it has made and continues to make in the area of sports, culture, education and the arts.  The Corporation also enjoys the cordial relationship and confidence it has built up with International Reinsurers worldwide.

 

Our Mission
State Insurance Corporation is a provider of a wide variety of insurance services to clients in the state of Antigua and Barbuda. Together, we shall make our organization the leader in the Caribbean through our services to our clients.

 

Our Fundamental Values
We consider the individual client first. We believe in outstanding service to our clients We are innovators. We take pride in all that we do.

 

Our Vision

State Insurance Corporation will continue to grow along a progressive path. Our organization will be the best provider of insurance services in the financial services industry in the area.

 

Our Objectives
Profit:
  To achieve sufficient returns to finance the Corporation's growth and to provide adequate resources to achieve our other corporate objectives.

 

Clients:  To provide "products" and services of the greatest possible value to our clients, thereby gaining and maintaining their respect and loyalty.

Field of Interest:  To enter new and related fields only when the ideas we have, together with our technical and marketing skills, assure that we can make a needed and profitable contribution to the field.

 

Growth:  To let our growth be limited only by our profits and our ability to develop and deliver products and services that satisfy real client needs.

People:  To help our employees share the Corporation's success, which they make possible: to provide job security based on their performance, to recognize their individual achievements, and to help them gain a sense of satisfaction and accomplishment from their work.

 

Management:  To foster initiative and creativity by allowing the individual great freedom of action in attaining well-defined and approved objectives.

Citizenship:  To honour our obligations to society by being an economic, intellectual and social asset to the state of Antigua and Barbuda.

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