Shiekan Insurance and Reinsurance Company: Best Insurance Solutions Team Sudan 2016
Attention to details, and to the interests and well-being of its policyholders, is what landed Shiekan Insurance and Reinsurance Company into a class all its own, a good few notches above the competition. Offering a comprehensive suite of insurance and reinsurance products tailored to sector-specific requirements and demands, Shiekan caters to discerning customers that appreciate the holistic approach to risk management and mitigation as pioneered by the Sudanese company.
Shiekan operates in an exceptionally dynamic environment. Sudan is home to one of the world’s fastest growing economies. The country is well on the way to diversifying its economy with industry and services expanding at an accelerated pace. Solidly grounded and boasting unequalled local experience, Shiekan Insurance and Reinsurance Company enjoys full exposure to Sudan’s enviable upside. The company is effectively underwriting the country’s economic growth process with insurance and reinsurance products aimed at corporate, institutional, and individual customers who seek protection against risk and/or loss.
Shiekan has been at the forefront of the development of, and the broad move towards, insurance products that comply with Islamic Law. The company’s range of collective and private takaful products has met with both success and acceptance. As a result, Shiekan recently expanded its Sharia-compliant offerings with an Expatriate Security Takaful aimed at the approximately three million Sudanese employed abroad, featuring medical and life cover. Shiekan also pioneered a takaful that provides top-up personal accident coverage for passengers using public transportation.
The CFI.co judging panel congratulates Shiekan Insurance and Reinsurance Company on its corporate success. The judges are of the opinion that the company offers living proof that corporate foresight, coupled to prudence and operational excellence, produces stellar and sustainable results from which all stakeholders stand to benefit. The judges have no hesitation in extending, for the second consecutive year, the Best Insurance Solutions Team Sudan Award to Shiekan Insurance and Reinsurance Company.