NIC Building, Plot 3, Pilikington Road/P.O. Box 7134 Pilkington Rd, Kampala
NIC HOLDINGS
Our Journey
NIC Holdings Limited (NIC) is one of Uganda’s oldest and most trusted insurance brands, founded in 1964 as the National Insurance Corporation. Following its privatization in 2005 and public listing in 2010, NIC became the first and only insurance company listed on the Uganda Securities Exchange.
In 2014, NIC restructured into a holding company with two subsidiaries—NIC General Insurance and NIC Life Assurance—ensuring focused and specialized service delivery. Today, both companies continue to uphold NIC’s long-standing reputation for reliability, innovation, and excellence in the insurance industry.
Welcome to NIC General Insurance
NIC General is a wholly owned subsidiary of NIC Holdings Limited, created in 2014 to specialize in general insurance following the legal separation of life and non-life insurance under the Insurance Amendment Act.
Its parent company, NIC Holdings (formerly National Insurance Corporation), was founded in 1964 and later privatized in 2005, becoming the first insurance company listed on the Uganda Securities Exchange in 2010. Today, NIC General continues this legacy, offering reliable and trusted general insurance services in Uganda.
Welcome to NIC Life Assurance
NIC Life is a wholly owned subsidiary of NIC Holdings Limited, established in 2014 to exclusively manage life insurance and savings solutions following regulatory separation of insurance services. Backed by a strong heritage dating to 1964.
NIC Holdings became the first Ugandan insurance company listed on the Uganda Securities Exchange after its successful IPO. Today, NIC Life offers trusted life assurance, investment, and savings products designed to help clients achieve long-term financial security.
WE HAVE SERVED SINCE 1950
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